Fact sheet: Invesco Gb Inc RelEt Sc

Fund information
Fund name
Invesco Global Income Real Estate Securities E EUR
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Joe Rodriguezsince 30/06/2005
  • Paul Curbosince 30/09/2008
Fund objective
The objective of the Fund is to generate income and to a lesser extent to achieve long-term capital appreciation by investing in a diversified portfolio of securities of companies and other entities engaged in the real estate sector worldwide.
Benchmark
  • FTSE EPRA/NAREIT Developed REITs
Investment style
None
Investment method
None
Quick stats
1 Year return
-0.9%
1 Year rank in sector
17/44
Sector
FO Property - International
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.21%
Fund size
£27m (£25m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
86
Top in this sector
Fund name1 Year
SKAGEN SKAGEN m223.3%
Sarasin IE GblRlEstEq(£)16.6%
HSBC GIF GblRlEstEqt14.4%
Fidelity Gbl Prop14%
Oasis Crescent GlbProEq12.7%
...more in FO Property - International

Performance snapshot

Holdings snapshot

  • USA60.6%
    Japan6.4%
    Australia6%
    Hong Kong5.5%
    Money Market4.9%
  • Others30%
    Retail23.4%
    Leisure & Hotels9.8%
    Residential - Property9.3%
    Offices - Property7.3%
  • Property Shares95.1%
    Money Market4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%-2%2.1%-0.9%37.4%58.7%
Sector-1.1%-7.6%-2.1%-0.9%21.1%49.2%
Rank within sector10 / 443 / 457 / 4517 / 4411 / 4215 / 34
Quartile1st1st1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.6%7.5%27.4%-5.9%15.7%
Sector-0.1%4.3%16%0.9%21.8%
Rank within sector10 / 4413 / 439 / 4238 / 4033 / 34
Quartile1st2nd1st4th4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
6.47
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.74
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.77
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.58
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
7.64
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.59
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.52
Price movement
52 week high10.43
52 week low8.92
Current bid price-
Current offer price-
Current mid price9.95
Region
1USA60.6%
2Japan6.4%
3Australia6%
4Hong Kong5.5%
5Money Market4.9%
6Others4.5%
7UK4.5%
8France3.1%
9Canada2.5%
Industry sector
1Others30%
2Retail23.4%
3Leisure & Hotels9.8%
4Residential - Property9.3%
5Offices - Property7.3%
6Industrials5.8%
7Money Market4.9%
8Health Care4.7%
9Warehousing & Real Estate2.9%
Asset type
1Property Shares95.1%
2Money Market4.9%
Individual holdings
1HCP INC1.9%
2CYRUSONE INC 6.375% BDS 15/11/22 USD2000 144A1.8%
3SIMON PROPERTY GROUP INC1.7%
4LAND SECURITIES GROUP PLC1.6%
5SUN HUNG KAI PROPERTIES LTD1.6%
6BRIXMOR PROPERTY GROUP INC1.5%
7WESTFIELD CORPORATION STAPLED (2UT 1ORD)1.5%
8APPLE HOSPITALITY REIT INC1.4%
9DDR CORP1.4%
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The objective of the Fund is to generate income and to a lesser extent to achieve long-term capital appreciation by investing in a diversified portfolio of securities of companies and other entities engaged in the real estate sector worldwide.
Benchmark
  • FTSE EPRA/NAREIT Developed REITs
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Joe Rodriguez30/06/2005Joe Rodriguez is an Invesco Managing Director and is the Head of Real Estate Securities for Invesco. Joe has served on the boards of a number of real estate industry bodies and is a regular media commentator on Real Estate Investment Trusts (REITs). Joe joined Invesco in 1990 and has more than 28 years investment experience.
Paul Curbo30/09/2008Based in Dallas, Paul is a Senior Director and Portfolio Manager and a member of the Real Estate Securities Portfolio Management and Research Teams. His current duties include work as a Portfolio Manager performing quantitative and fundamental research on real estate securities. Paul started his investment career in 1993, as senior research associate with Security Capital Group where he was responsible for analysing multifamily, industrial and office real estate markets. Prior to that, he held a position with Texas Commerce Bank. He joined our company in 1998. Paul holds a Bachelor of Business Administration degree in Finance from the University of Texas at Austin and has completed graduate coursework in Economic Theory and Econometrics at the University of Texas at Dallas. He is a member of the National Association of Real Estate Investment Trusts and holds the Chartered Financial Analyst® (CFA®) designation.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Ireland, Italy, Jersey, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Invesco Global Income Real Estate Securities A Acc USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price12.08
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDNT6
Invesco Global Income Real Estate Securities A Hedged Quarterly Dis Gr EUR
Initial charge5.26%
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.94
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTGU
Invesco Global Income Real Estate Securities A Monthly Dis 1 USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.68
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE0SE
Invesco Global Income Real Estate Securities A Quartel Dis Inc USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price8.99
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDNT5
Invesco Global Income Real Estate Securities A Quartel Dis USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.95
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFMDS
Invesco Global Income Real Estate Securities C Acc RMB
Initial charge5%
Annual charge0.8%
Min single investment£7,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.76
CurrencyCNH
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC1DK
Invesco Global Income Real Estate Securities C Quarterly Dis Gr USD
Initial charge5.26%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.18
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFTHF
Invesco Global Income Real Estate Securities C USD
Initial charge5.26%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price12.81
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDNT7
Invesco Global Income Real Estate Securities E EUR
Initial charge3.09%
Annual charge1.75%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price9.95
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDNT8
Invesco Global Income Real Estate Securities Z Annual Dis Gr USD
Initial charge5.26%
Annual charge0.62%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.47
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTHG
Data provided by

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