Fact sheet: Invesco Gbl Tgtd Ret

Fund information
Fund name
Invesco Global Targeted Returns A Acc EUR
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • David Millarsince 18/12/2013
  • Dave Jubbsince 18/12/2013
  • Richard Battysince 18/12/2013
Fund objective
The Fund aims to achieve a positive total return in all market conditions over a rolling 3 year period. The Fund targets a gross return of 5% p.a. above 3 month EURIBOR (or an equivalent reference rate) and aims to achieve this with less than half the volatility of global equities, over the same rolling 3 year period. There is no guarantee that the Fund will achieve a positive return or its volatility target.
Benchmark
  • EURIBOR 3 Month
Investment style
Absolute Return,Active,Flexible
Investment method
None
Quick stats
1 Year return
-0.3%
1 Year rank in sector
71/132
Sector
FO Absolute Return
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.
1.57%
Fund size
£4,998m (£2,210m 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.
23
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd14.7%
SW Mitchell Emerging European11.5%
Polar Capital UK Abs Eq10.3%
Pictet Scv II Dyn Ass Alloc9.4%
Orbis Optimal SA9.3%
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Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-2.8%-2.6%-0.3%--
Sector-0.2%-0.7%0.3%-0.4%2.5%9.3%
Rank within sector126 / 141118 / 141120 / 13871 / 132--
Quartile4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.7%1%8.2%--
Sector-0.1%0.7%1.2%3.6%3.9%
Rank within sector83 / 13242 / 1158 / 88--
Quartile3rd2nd1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high11.25
52 week low10.84
Current bid price-
Current offer price-
Current mid price10.9
Region
No data available.
Industry sector
1Hedge100%
Asset type
1Hedge100%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve a positive total return in all market conditions over a rolling 3 year period. The Fund targets a gross return of 5% p.a. above 3 month EURIBOR (or an equivalent reference rate) and aims to achieve this with less than half the volatility of global equities, over the same rolling 3 year period. There is no guarantee that the Fund will achieve a positive return or its volatility target.
Benchmark
  • EURIBOR 3 Month
Investment style
Absolute Return,Active,Flexible
Investment method
None
Fund managers
NameSinceBiography
David Millar18/12/2013Based in Henley-on Thames, David Millar joined the company in January 2013 and heads the Multi Asset team. After commencing his investment career with Scottish Widows in 1989, where he qualified as an actuary, David joined the Fixed Interest team at Scottish Widows Investment Partnership in 1996, becoming Head of Bond Strategy and chair of their Bond Policy Group. In 2008, David joined Standard Life Investments as Investment Director in its Multi-asset investment team. David was one of the fund managers within its Global Absolute Return investment team and was chair of its Bond Investment Group. David holds a BSc (Hons) in Mathematical Statistics from the University of Cape Town and is a Fellow of the Institute and Faculty of Actuaries.
Dave Jubb18/12/2013Based in Henley-on Thames, Dave Jubb joined the company in March 2013, and serves as a fund manager within the Multi Asset team. Prior to this, Dave worked at Standard Life Investments where he was an Investment Director within its Multi Asset investment team, and was one of the fund managers within the firm’s Global Absolute Return investment team. Dave joined Standard Life Group in 1982 as a computer programmer and after a period in the Actuarial Department of Standard Life Canada he joined Standard Life Investments where he held a position as a fixed income fund manager and strategist before joining their Multi Asset investment team in 2006. Dave graduated from St Andrews University in 1982 with a BSc (Hons) in Mathematics and is a Fellow of the Institute and Faculty of Actuaries.
Richard Batty18/12/2013Based in Henley-on Thames, Richard Batty joined the company in March 2013, and serves as a fund manager within the Multi Asset team. Previously, Richard had worked at Standard Life Investments since 2003 where he was the Global Investment Strategist in its Strategy team which is now part of Standard Life’s Multi Asset investment team, gaining additional responsibilities for Global Tactical Asset Allocation in 2012. Prior to joining Standard Life Investments, Richard began his investment career at James Capel/HSBC as an equity strategist in 1995. During this part of his career, he became a highly-rated, senior member of its industry renowned Economics and Strategy group. In 1994, Richard was awarded a PhD in Financial Economics from Brunel University, where he was a part-time research assistant and taught both graduate and undergraduate students
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Isle of Man, Ireland, Italy, Jersey, Luxembourg, Malta, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Invesco Global Targeted Returns A Acc EUR
Initial charge5.26%
Annual charge1.4%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.8975
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFBS
Invesco Global Targeted Returns A Annually Dis EUR
Initial charge5.26%
Annual charge1.4%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.8769
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFBT
Invesco Global Targeted Returns A Hedged Acc CHF
Initial charge5.26%
Annual charge1.4%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.6746
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFBV
Invesco Global Targeted Returns A Hedged Acc GBP
Initial charge5.26%
Annual charge1.4%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.5343
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLJF
Invesco Global Targeted Returns A Hedged Acc SGD
Initial charge5.26%
Annual charge1.4%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1185
CurrencySGD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE0SS
Invesco Global Targeted Returns A Hedged Acc USD
Initial charge5.26%
Annual charge1.4%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.0257
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFBU
Invesco Global Targeted Returns B Acc EUR
Initial charge-
Annual charge1.4%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.173
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLJG
Invesco Global Targeted Returns C Acc EUR
Initial charge5.26%
Annual charge0.9%
Min single investment£800,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.0253
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFBW
Invesco Global Targeted Returns C Acc RMB
Initial charge5.26%
Annual charge0.9%
Min single investment£7,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.0496
CurrencyCNY
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0SV
Invesco Global Targeted Returns C Annually Dis EUR
Initial charge5%
Annual charge0.9%
Min single investment£800,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9295
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC1DM
Invesco Global Targeted Returns C Hedged Acc AUD
Initial charge5.26%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2725
CurrencyAUD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0SU
Invesco Global Targeted Returns C Hedged Acc CHF
Initial charge5.26%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.7837
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFTFV
Invesco Global Targeted Returns C Hedged Acc GBP
Initial charge5.26%
Annual charge0.9%
Min single investment£600,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.6363
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLJH
Invesco Global Targeted Returns C Hedged Acc JPY
Initial charge5.26%
Annual charge0.9%
Min single investment£80,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1048
CurrencyJPY
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLJI
Invesco Global Targeted Returns C Hedged Acc USD
Initial charge5.26%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.61
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLJJ
Invesco Global Targeted Returns C Hedged Annually Dis AUD
Initial charge5.26%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2523
CurrencyAUD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0SR
Invesco Global Targeted Returns E Acc EUR
Initial charge3.09%
Annual charge1.9%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.735
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFBX
Invesco Global Targeted Returns I Acc EUR
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.7391
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLJK
Invesco Global Targeted Returns I Hedged Acc AUD
Initial charge-
Annual charge-
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.3353
CurrencyAUD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLJL
Invesco Global Targeted Returns I Hedged Acc JPY
Initial charge-
Annual charge-
Min single investment£1,300,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1072
CurrencyJPY
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLJM
Invesco Global Targeted Returns I Hedged Acc USD
Initial charge-
Annual charge-
Min single investment£12,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.8716
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLJN
Invesco Global Targeted Returns I Hedged Annual Dis CAD
Initial charge-
Annual charge-
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0387
CurrencyCAD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFTGR
Invesco Global Targeted Returns R Acc EUR
Initial charge-
Annual charge1.4%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.711
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFBY
Invesco Global Targeted Returns R Hedged Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFV9J
Invesco Global Targeted Returns S Acc EUR
Initial charge-
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9426
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFTFY
Invesco Global Targeted Returns S Hedged Acc CHF
Initial charge-
Annual charge0.7%
Min single investment£12,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9677
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0SW
Invesco Global Targeted Returns S Hedged Acc GBP
Initial charge-
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8002
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC0II
Invesco Global Targeted Returns S Hedged Acc USD
Initial charge-
Annual charge0.7%
Min single investment£12,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0578
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFTFZ
Invesco Global Targeted Returns Z Acc EUR
Initial charge5.26%
Annual charge0.7%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.0647
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFBZ
Invesco Global Targeted Returns Z Hedged Acc CHF
Initial charge5.26%
Annual charge0.7%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.7566
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA4J
Invesco Global Targeted Returns Z Hedged Acc GBP
Initial charge5.26%
Annual charge0.7%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0257
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTFW
Invesco Global Targeted Returns Z Hedged Acc USD
Initial charge5.26%
Annual charge0.7%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.044
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTFX
Data provided by

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