Fact sheet: Invesco Global Ab Ret

Fund information
Fund name
Invesco Global Absolute Return E EUR
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Thorsten Paarmannsince 25/03/2008
  • Alexander Uhlmannsince 25/03/2008
Fund objective
The Fund will be managed with the objective of achieving in all market environments an absolute return in excess of the return on Euro short-term money- market instruments through a combination of (i) a market neutral micro economic strategy of taking long and short positions in global equities (micro strategy) where the long positions may be held through a combination of direct investments and/or financial derivative instruments and where the short positions are held through the use of financial derivative instruments and (ii) a global macro economic strategy of taking long and short positions in global stock, bond, foreign exchange and commodity index futures (macro strategy). Short positions will be held through financial derivatives instruments.
Benchmark
  • EURIBOR 3 Month
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
-3.8%
1 Year rank in sector
95/126
Sector
FO Hedge/Stru Prod - Mixed
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.
2.01%
Fund size
£113m (£110m 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.
55
Top in this sector
Fund name1 Year
Veritas Global Real Return25.5%
Nordea 1 Alpha 1524.3%
La Fayette Holdings22%
Nordea 1 Multi-Asset15.7%
Avia Altus15.5%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%0.2%-4.9%-3.8%3.2%2.5%
Sector-0.3%1%0.2%-0.8%5.7%7.1%
Rank within sector32 / 13889 / 144130 / 14195 / 12643 / 8348 / 69
Quartile1st3rd4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-6.7%0.7%6.3%1.3%-1.4%
Sector-0.2%-0.6%5.1%1.4%1.9%
Rank within sector123 / 13336 / 11534 / 9549 / 8663 / 77
Quartile4th2nd2nd3rd4th
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.
-0.89
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.
0.93
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%.
4.65
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.
4.23
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.
-0.26
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.
0.17
Price movement
52 week high11.34
52 week low10.43
Current bid price-
Current offer price-
Current mid price10.51
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1CABOT CORP1.5%
2CISCO SYSTEMS INC1.5%
3IBIDEN CO1.5%
4HP INC1.4%
5QINETIQ GROUP1.4%
6ARCAN RESOURCES LTD1.3%
7GILEAD SCIENCES INC1.3%
8PEUGEOT1.3%
9IIDA GROUP HLDGS CO LTD1.2%
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The Fund will be managed with the objective of achieving in all market environments an absolute return in excess of the return on Euro short-term money- market instruments through a combination of (i) a market neutral micro economic strategy of taking long and short positions in global equities (micro strategy) where the long positions may be held through a combination of direct investments and/or financial derivative instruments and where the short positions are held through the use of financial derivative instruments and (ii) a global macro economic strategy of taking long and short positions in global stock, bond, foreign exchange and commodity index futures (macro strategy). Short positions will be held through financial derivatives instruments.
Benchmark
  • EURIBOR 3 Month
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
Thorsten Paarmann25/03/2008Based in Frankfurt, Thorsten is a member of the Portfolio Management Team and is responsible for business development, risk control and investment communication. He started his investment career in 2002 at Cominvest Asset Management GmbH. He joined our company in 2004. He holds a Diplom Kaufmann (FH) degree from Berlin School of Economics and a Combined European Study Programme at Anglia Business School, Cambridge. He is a CFA Charterholder and member of the German CFA Society.
Alexander Uhlmann25/03/2008Based in Frankfurt, Alexander is a member of the Portfolio Management Team and is responsible for business development, risk control and investment communication. He started his investment career when he joined our company in 1997. He holds a “Diplom Betriebswirt (FH)” degree from Frankfurt School of Finance and Management, and is a CFA Charterholder and a member of the German CFA Society.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Invesco Global Absolute Return A EUR
Initial charge5.26%
Annual charge1.4%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price10.98
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBHG9
Invesco Global Absolute Return C EUR
Initial charge5.26%
Annual charge0.9%
Min single investment£800,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price11.66
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBHH0
Invesco Global Absolute Return C Hedged JPY
Initial charge5.26%
Annual charge0.9%
Min single investment£80,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price1281
CurrencyJPY
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQZ7
Invesco Global Absolute Return C Hedged USD
Initial charge5.26%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price15.71
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeITG9
Invesco Global Absolute Return E EUR
Initial charge3.09%
Annual charge1.75%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price10.51
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBHH1
Invesco Global Absolute Return R Acc EUR
Initial charge-
Annual charge1.4%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.61
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFV8Z
Invesco Global Absolute Return Z Acc EUR
Initial charge5.26%
Annual charge0.7%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.63
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFARE
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.