Fact sheet: Invesco Gbl Unconstrained Bd

Fund information
Fund name
Invesco Global Unconstrained Bond A GBP
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Jack Parkersince 30/07/2015
  • Paul Causersince 31/05/2010
  • Paul Readsince 31/05/2010
Fund objective
The Fund aims to maximise total return through investment in a flexible allocation of cash, debt securities and financial derivative instruments worldwide.
Benchmark
  • LIBOR USD 3 month
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
6.4%
1 Year rank in sector
119/297
Sector
FO Fixed Int - Global
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.
1.89%
Fund size
£7m (£5m 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
Twelve Falcon Ins Lkd Strat211.9%
Capital Group GHIOL38.4%
Dodge & Cox Global Bond27.7%
Franklin Gbl HiInc Bd22.9%
Natixis H2O Multibonds22%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • UK35.3%
    Money Market23%
    USA18.2%
    France9.5%
    Spain4.6%
  • Banks39.7%
    Money Market23%
    Government Bonds19.4%
    Insurance6.2%
    Oil & Gas5%
  • Global Corporate Fixed Interest55.5%
    Money Market23%
    Global Government Fixed Interest17.9%
    Global Fixed Interest2.1%
    Global Index Linked1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%2.2%1.8%6.4%12.7%34.6%
Sector0.7%1.5%-0.8%5.6%6.4%11.5%
Rank within sector105 / 32886 / 32060 / 309119 / 29752 / 23811 / 171
Quartile2nd2nd1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund1.4%4.4%1.7%6.6%4.5%
Sector0.9%4.6%-1.6%3.7%-1.6%
Rank within sector84 / 326124 / 29535 / 27078 / 23317 / 204
Quartile2nd2nd1st2nd1st
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.
2.71
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.
0.61
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.
0.16
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%.
2.91
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.
2.6
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.
0.72
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.
0.34
Price movement
52 week high16.12
52 week low15.07
Current bid price-
Current offer price-
Current mid price16.13
Region
1UK35.25%
2Money Market22.97%
3USA18.18%
4France9.46%
5Spain4.56%
6Italy3.5%
7Germany3.44%
8Others1.35%
9Greece1.17%
Industry sector
1Banks39.74%
2Money Market22.97%
3Government Bonds19.35%
4Insurance6.22%
5Oil & Gas5.02%
6Telecommunications2.96%
7Beverages1.49%
8Leisure1.32%
9Automobiles0.81%
Asset type
1Global Corporate Fixed Interest55.46%
2Money Market22.97%
3Global Government Fixed Interest17.91%
4Global Fixed Interest2.11%
5Global Index Linked1.43%
6Alternative Investment Strategies0.12%
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 maximise total return through investment in a flexible allocation of cash, debt securities and financial derivative instruments worldwide.
Benchmark
  • LIBOR USD 3 month
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jack Parker30/07/2015Based in Henley-on-Thames, Jack is currently a Macro Analyst/ Trader within Invesco's Henley-based Fixed Interest team. Jack began his investment career with the firm within the investment operations functions in January 2008 before transferring to the Fixed Interest team in August.
Paul Causer31/05/2010Based in Henley-on-Thames, Paul co-leads Invesco Perpetual’s Fixed Interest team with Paul Read, managing a number of government, corporate and non- investment grade portfolios. Paul began his investment career in 1983 in research and credit analysis with Asahi Bank, the large Japanese commercial bank. He then moved to the bank's treasury department and traded securities and derivative instruments until 1990 when he was given responsibility for managing the bank's multi-currency investment portfolio before joining our company in 1994. Paul holds a BSc in Economics from the London School of Economics.
Paul Read31/05/2010Based in Henley-on-Thames, Paul co-leads Invesco Perpetual’s Fixed Interest team with Paul Causer, managing a number of government, corporate and non- investment grade portfolios across the maturity spectrum. Paul began his investment career with UBS (Securities) Ltd in 1986, and then moved to Merrill Lynch International in 1988. Paul initially worked on the bond sales desk, covering institutional investment managers at Merrill Lynch, before moving on to debt trading and working as a director of fixed interest trading in Tokyo from 1991 and in Paris from 1993 before joining our company in 1995. He holds a BA in Economics and History from the University of Toronto and also has an MBA from INSEAD.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Jersey, Luxembourg, Netherlands, Norway, Offshore, Sweden
Invesco Global Unconstrained Bond A GBP
Initial charge5.26%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price16.1268
CurrencyGBP
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ4A5
Invesco Global Unconstrained Bond A Hedged EUR
Initial charge5.26%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price18.6668
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ4A8
Invesco Global Unconstrained Bond C GBP
Initial charge5.26%
Annual charge1%
Min single investment£600,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price16.7871
CurrencyGBP
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ4A6
Invesco Global Unconstrained Bond C Hedged EUR
Initial charge5.26%
Annual charge1%
Min single investment£800,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price19.3952
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ4A9
Invesco Global Unconstrained Bond E Hedged EUR
Initial charge3.09%
Annual charge2%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.39%
Total expense ratio (TER)2.43%
Bid price-
Offer price-
Mid price18.062
CurrencyEUR
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ4A7
Data provided by

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