Fact sheet: Invesco Gbl High Inc

Fund information
Fund name
Invesco Global High Income A Semi Annual Dis USD
Fund manager company
Invesco Global Asset Mgmt Ltd
Fund type
Unit Trust
Fund managers
  • Jorge Ordonezsince 18/08/2015
  • Rashique Rahmansince 30/03/2015
  • Scott Robertssince 31/07/2013
  • Joseph Porterasince 31/07/2013
Fund objective
The Fund aims to achieve a high level of income together with long term capital growth.
Benchmark
  • Bloomberg Barclays Global High Yield Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
7.4%
1 Year rank in sector
44/73
Sector
FO Fixed Int - Global High Yield
Yield
6.7%
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.
1.25%
Fund size
£475m (£447m 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.
83
Top in this sector
Fund name1 Year
Pioneer SICV-Gbl Hi Yld30.2%
Natixis LoomsSyles HInc23.4%
T. Rowe Price GblHghIncBd13.6%
Franklin High Yield12.6%
Nomura Gbl Hgh Yld Bd12.5%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA57.4%
    Others16.5%
    Money Market5.8%
    Brazil4.3%
    Russia3.4%
  • Corporate Bonds87.2%
    Government Bonds7%
    Money Market5.8%
  • US Fixed Interest57.4%
    Global Fixed Interest16.5%
    Money Market5.8%
    Brazilian Fixed Interest4.3%
    Russian Fixed Interest3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%-0.3%4.3%7.4%11.1%31.2%
Sector0.2%0.5%4.9%8.4%9.4%32.9%
Rank within sector53 / 8252 / 7937 / 7544 / 7320 / 5822 / 43
Quartile3rd3rd2nd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund9.8%-2.4%2.7%-0%18.6%
Sector10.1%-2.5%1.4%5.2%15.5%
Rank within sector37 / 7329 / 6517 / 5848 / 493 / 43
Quartile3rd2nd2nd4th1st
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.
-0.14
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.
1.17
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
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%.
5.7
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.
1.67
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.
0.19
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.
0.93
Price movement
52 week high12.65
52 week low11.26
Current bid price-
Current offer price-
Current mid price12.02
Region
1USA57.4%
2Others16.5%
3Money Market5.8%
4Brazil4.3%
5Russia3.4%
6Argentina2.9%
7Luxembourg2.7%
8UK2.5%
9Canada2.4%
Industry sector
1Corporate Bonds87.2%
2Government Bonds7%
3Money Market5.8%
Asset type
1US Fixed Interest57.4%
2Global Fixed Interest16.5%
3Money Market5.8%
4Brazilian Fixed Interest4.3%
5Russian Fixed Interest3.4%
6American Emerging Fixed Interest2.9%
7Luxembourg Fixed Interest2.7%
8UK Fixed Interest2.5%
9Canadian Fixed Interest2.4%
Individual holdings
No data available.
Management
Fund manager group
Invesco
Fund manager company
Invesco Global Asset Mgmt Ltd
Fund type
Unit Trust
Fund objective
The Fund aims to achieve a high level of income together with long term capital growth.
Benchmark
  • Bloomberg Barclays Global High Yield Index
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jorge Ordonez18/08/2015Jorge Ordonez joined Invesco in 2015. Previously, he was a managing director for emerging market corporate investments at Claren Road Asset Management LLC. Before joining Claren Road, he was a desk analyst for Latin American corporate trading with Morgan Stanley & Co. and a managing director for Chinook Capital Partners LLC/Telio LLC, where he was focused on energy and Latin American corporates. Jorge has held investment and trading related roles at Xcel Energy Inc. and General Electric Capital Corp., and investment banking and advisory roles at Deutsche Bank Alex Brown Inc., Lehman Brothers Inc. and Babcock & Brown Inc. He began his career in 1985 at the Union Bank of Switzerland. Jorge earned a BA degree in economics from Haverford College and an MBA with a concentration in finance from the Tuck School of Business at Dartmouth.
Rashique Rahman30/03/2015Rashique Rahman is the Head of Emerging Markets (EM) for Invesco Fixed Income. Mr. Rahman joined Invesco in 2014, and throughout his career has led or been an integral part of various EM strategy and research teams. Previously, Mr. Rahman was co-head of Global Foreign Exchange and Emerging Markets Strategy at Morgan Stanley, leading the global EM fixed income and currency effort. Prior to this, he led global strategy for EM at HSBC, based in New York. He has also held positions at Citigroup, both as a senior EM strategist and as principal trader, based in London. He worked as a portfolio manager for local EM (rates/FX) at Armored Wolf, a US-based multi-asset alternative asset manager. His background also includes work as a sovereign analyst at Standard & Poor's in the sovereign ratings group. Mr. Rahman earned an MBA and MA at Columbia University and did his undergraduate work at UCLA.
Scott Roberts31/07/2013Scott Roberts is co-head of the High Yield team for Invesco Fixed Income. He is also a senior portfolio manager on the team and has analytical responsibilities for the chemicals, energy, utility, and paper/packaging areas. Mr. Roberts joined Invesco in 2000 as high yield analyst and was named portfolio manager in 2009. Previously, he was high yield analyst and trader with Van Kampen Investment Advisory Corp. He entered the investment industry in 1995. Mr. Roberts earned a BBA in fi nance from the University of Houston. He is a CFA charterholder and is a member of the CFA Institute.
Joseph Portera31/07/2013Joseph serves as head of Global High Income and is a member of Invesco Fixed Income’s Investment Strategy Team, which oversees the development of Invesco Fixed Income’s macro investment views. He is responsible for the oversight of Invesco’s emerging market debt and high yield businesses. Prior to joining Invesco in 2012, Joseph spent three years at Hartford Investment Management as a managing director and lead portfolio manager on multi-sector credit funds. Prior to Hartford, he was a managing director and portfolio manager on several funds including core plus and emerging markets and a senior member of the Global Fixed Income investment platform at Mackay Shields. He entered the industry in 1981. Joseph earned a BA and MA in Soviet Studies and an MA in Internal Political Economy and Development from Fordham University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Cyprus, Germany, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Guernsey, Hong Kong, Ireland, Jersey, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Singapore, Sweden, Taiwan - Province Of China
Invesco Global High Income A Annual Dis EUR
Initial charge5.26%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.83
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFN8N
Invesco Global High Income A Hedged 1 Monthly Dis AUD
Initial charge5.26%
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.77
CurrencyAUD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKQ8O
Invesco Global High Income A Hedged Acc CHF
Initial charge5.26%
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.97
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFCAL
Invesco Global High Income A Hedged Acc EUR
Initial charge5.26%
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price20.15
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA7H0
Invesco Global High Income A Hedged Acc SEK
Initial charge5.26%
Annual charge1%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.21
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFCAO
Invesco Global High Income A Hedged Annual Dis EUR
Initial charge5.26%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.98
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFN8O
Invesco Global High Income A Hedged Monthly Dis EUR
Initial charge5.26%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price8.93
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLUG5
Invesco Global High Income A Hedged Monthly Dis HKD
Initial charge5.26%
Annual charge1%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price93.49
CurrencyHKD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLUG4
Invesco Global High Income A Hedged Monthly Dis RMB
Initial charge5.26%
Annual charge1%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.64
CurrencyCNY
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFCAK
Invesco Global High Income A Monthly Dis USD
Initial charge5.26%
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price11.78
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBLJ6
Invesco Global High Income A Semi Annual Dis USD
Initial charge5.26%
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price12.02
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGW76
Invesco Global High Income B USD
Initial charge-
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price11.03
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIHR7
Invesco Global High Income C Acc USD
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price20.15
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEOX7
Invesco Global High Income C Hedged Acc EUR
Initial charge5.26%
Annual charge0.75%
Min single investment£800,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price21.29
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBLJ5
Invesco Global High Income C Semi Annual Dis USD
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price12.5
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGW78
Invesco Global High Income Z Hedged Annual Dis EUR
Initial charge5.26%
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.19
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFASO
Invesco Global High Income Z Semi Annual Dis USD
Initial charge5.26%
Annual charge0.5%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.48
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFASN
Data provided by

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