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
  • Erik Vosssince 28/02/2014
  • Janet Lubysince 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
5.9%
1 Year rank in sector
26/29
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 (£120m 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.
108
Top in this sector
Fund name1 Year
Fidelity Gbl Tech49.6%
Pictet Digital Comm48.9%
JPMorgan Pacific Technology34.1%
Herald Worldwide33.2%
Aberdeen Gbl Technology Eq33%
...more in FO Equity - Tech Media & Telecom

Performance snapshot

Holdings snapshot

  • USA85.7%
    Singapore3.9%
    Japan3.4%
    Money Market3.1%
    Netherlands2.9%
  • Others27.3%
    Internet16.8%
    Biotechnology/Medical12.2%
    Semi Conductors8.5%
    Retail7.8%
  • US Equities85.7%
    Singapore Equities3.9%
    Japanese Equities3.4%
    Money Market3.1%
    Dutch Equities2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%13%12.4%5.9%24.9%58.3%
Sector1.6%13.6%13.5%15.7%37.9%86.9%
Rank within sector13 / 3225 / 3120 / 3126 / 2923 / 2624 / 25
Quartile2nd4th3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.3%6.1%11.7%25.7%5.9%
Sector7.9%8%11.3%26.5%10%
Rank within sector30 / 3115 / 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.
-6.02
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.
1.23
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.
0.3
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%.
17.16
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.
6.57
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.
-0.57
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 high16.59
52 week low12.77
Current bid price-
Current offer price-
Current mid price16.08
Region
1USA85.7%
2Singapore3.9%
3Japan3.4%
4Money Market3.1%
5Netherlands2.9%
6China1%
Industry sector
1Others27.3%
2Internet16.8%
3Biotechnology/Medical12.2%
4Semi Conductors8.5%
5Retail7.8%
6Data Processing6.8%
7Leisure6.7%
8Pharmaceuticals5.4%
9Software5.4%
Asset type
1US Equities85.7%
2Singapore Equities3.9%
3Japanese Equities3.4%
4Money Market3.1%
5Dutch Equities2.9%
6Chinese Equities1%
Individual holdings
1FACEBOOK INC7.2%
2ALPHABET INC6.4%
3AMAZON.COM INC6.3%
4MICROSOFT CORP4.5%
5APPLE INC4.4%
6BROADCOM CORP3.9%
7RAYTHEON CO3.8%
8VISA INC3.7%
9CELGENE 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
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.
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).
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 price16.08
CurrencyUSD
Price updated27/09/2016
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 price13.56
CurrencyUSD
Price updated27/09/2016
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 price18.03
CurrencyUSD
Price updated27/09/2016
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 price13.28
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFAST
Data provided by

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