Fact sheet: Invesco Global Technology

Fund information
Fund name
Invesco Global Technology A USD
Fund manager company
Invesco Global Asset Mgmt Ltd
Fund type
Unit Trust
Fund managers
  • Janet Lubysince 28/02/2014
  • Erik Vosssince 28/02/2014
Fund objective
The objective of this Fund is to achieve long term capital growth by investing in technology companies throughout the world.
Benchmark
  • NASDAQ Composite
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-5%
1 Year rank in sector
30/30
Sector
FO Equity - Tech Media & Telecom
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
£121m (£127m 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.
122
Top in this sector
Fund name1 Year
Fidelity Gbl Tech35%
Pictet Digital29.8%
Herald Worldwide25.5%
Aberdeen Gbl Technology Eq20.9%
GAM Star Technology17.7%
...more in FO Equity - Tech Media & Telecom

Performance snapshot

Holdings snapshot

  • USA86.1%
    Japan5.3%
    Singapore3.3%
    Money Market2.6%
    China2.3%
  • Others25.6%
    Internet16.3%
    Biotechnology/Medical9.7%
    Semi Conductors8.8%
    Leisure8%
  • US Equities86.1%
    Japanese Equities5.3%
    Singapore Equities3.3%
    Money Market2.6%
    Chinese Equities2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund--2%3.8%-5%19.9%47.2%
Sector1.3%-0.2%8.7%5.4%33.6%76.6%
Rank within sector20 / 3220 / 3227 / 3030 / 3022 / 2624 / 25
Quartile3rd3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-3.3%6.1%11.7%25.7%5.9%
Sector7.6%8%11.3%26.5%10%
Rank within sector29 / 3015 / 2710 / 2614 / 2622 / 26
Quartile4th3rd2nd3rd4th
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.
-5.34
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.
1.24
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.
0.2
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%.
17.1
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.
6.55
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.
-0.51
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.
0.89
Price movement
52 week high16.51
52 week low12.77
Current bid price-
Current offer price-
Current mid price15.76
Region
1USA86.1%
2Japan5.3%
3Singapore3.3%
4Money Market2.6%
5China2.3%
6Netherlands0.4%
Industry sector
1Others25.6%
2Internet16.3%
3Biotechnology/Medical9.7%
4Semi Conductors8.8%
5Leisure8%
6Retail7.9%
7Hardware7.8%
8Data Processing7.6%
9Software5.7%
Asset type
1US Equities86.1%
2Japanese Equities5.3%
3Singapore Equities3.3%
4Money Market2.6%
5Chinese Equities2.3%
6Dutch Equities0.4%
Individual holdings
1APPLE INC7.8%
2AMAZON.COM INC6.8%
3ALPHABET INC6.6%
4MICROSOFT CORP5%
5FACEBOOK INC4.9%
6RAYTHEON CO3.7%
7VISA INC3.7%
8DISH NETWORK CORP3.4%
9SONY CORP3.4%
Management
Fund manager group
Invesco
Fund manager company
Invesco Global Asset Mgmt Ltd
Fund type
Unit Trust
Fund objective
The objective of this Fund is to achieve long term capital growth by investing in technology companies throughout the world.
Benchmark
  • NASDAQ Composite
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Janet Luby28/02/2014Prior to joining Invesco in 2011, Janet was a senior portfolio manager with Amegy Bank, N.A. She also was with Van Kampen Investments for 12 years, most recently as a senior portfolio manager of growth equity products. Janet entered the industry in 1987 when she joined AIM Investments (the US retail predecessor to Invesco) in the Fund Accounting department before transferring to an equities analyst position. She earned a BBA degree in finance from Texas A&M University. Janet is a CFA charterholder and a Certified Public Accountant (CPA).
Erik Voss28/02/2014Prior to joining Invesco, Erik was a portfolio manager with J&W Seligman Investments, focusing on growth equity portfolios. As leader of the Seligman Growth team, he managed eight sector analysts and implemented a process he has developed over his career. Previously, he worked on teams at Conseco Capital and at Wells Capital Management, where he managed two large-cap growth portfolios. Before Wells Capital, he was an analyst for Gardner Lewis Asset Management, where he researched and invested in stocks of all market capitalisations and across multiple industries. Erik earned a BS degree in mathematics and an MS degree in finance, both from the University of Wisconsin, where he was also a member of the Applied Securities Program. He is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Cyprus, Germany, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Guernsey, Hong Kong, Ireland, Jersey, Luxembourg, Macau, Netherlands, Norway, Offshore, Singapore, Sweden, Taiwan - Province Of China
Invesco Global Technology A USD
Initial charge5.26%
Annual charge1.5%
Min single investment£1,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.89%
Bid price-
Offer price-
Mid price15.76
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIC45
Invesco Global Technology B USD
Initial charge-
Annual charge1.5%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.89%
Total expense ratio (TER)2.89%
Bid price-
Offer price-
Mid price13.27
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIHQ7
Invesco Global Technology C USD
Initial charge5.26%
Annual charge1%
Min single investment£1,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price17.7
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIC44
Invesco Global Technology Z Annual Dis USD
Initial charge5.26%
Annual charge0.75%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.04
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFAST
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