Fact sheet: Invesco Gold & Prec Metals

Fund information
Fund name
Invesco Gold & Precious Metals R Acc USD
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Norman Macdonaldsince 30/06/2014
Fund objective
The Funds investment objective is long-term growth of capital. In seeking to meet its objective, the Fund invests primarily in the equity and equity related securities of companies engaged predominantly in exploring for, mining, processing, or dealing and investing in gold and other precious metals such as silver, platinum and palladium, as well as diamonds, worldwide.
Benchmark
  • Philadelphia Gold & Silver Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
48.7%
1 Year rank in sector
9/98
Sector
FO Commodity & Energy
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.
2.66%
Fund size
£60m (£31m 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.
257
Top in this sector
Fund name1 Year
EGI Earth Gold90.7%
LLB Craton Cap Precious Metal82.2%
LLB Craton Capital Gbl Res74%
Baring Global Mining64.4%
SIA Long Term Invest Nat Res60.4%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • Canada67.7%
    USA8.7%
    Money Market7.9%
    Ireland5.4%
    Africa2.4%
  • Gold68.3%
    Precious Metals & Stones9.4%
    Mineral Extraction8%
    Money Market7.9%
    Other Financial5.4%
  • Commodity & Energy92.1%
    Money Market7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-11.7%-19.3%-0.7%48.7%4.6%-52.8%
Sector3%0.7%6.4%17.9%-9.7%-22.7%
Rank within sector87 / 9992 / 10178 / 1019 / 9829 / 9067 / 75
Quartile4th4th4th1st2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund55%-25.8%-8.8%-43.9%-8.9%
Sector21.6%-19.8%-9%-6.6%-3.4%
Rank within sector9 / 9965 / 9940 / 9075 / 8462 / 75
Quartile1st3rd2nd4th4th
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.
15.21
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.
2.15
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.
-0.01
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%.
39.18
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.
29.27
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.
0.15
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.
0.61
Price movement
52 week high5.44
52 week low2.31
Current bid price-
Current offer price-
Current mid price4.06
Region
1Canada67.7%
2USA8.7%
3Money Market7.9%
4Ireland5.4%
5Africa2.4%
6Mexico2.3%
7Brazil1.6%
8South Africa1.6%
9Monaco1.4%
Industry sector
1Gold68.3%
2Precious Metals & Stones9.4%
3Mineral Extraction8%
4Money Market7.9%
5Other Financial5.4%
6Other Metals0.8%
7Building & Construction0.2%
Asset type
1Commodity & Energy92.1%
2Money Market7.9%
Individual holdings
1IVANHOE MINES LTD5.4%
2SOURCE PHYSICAL GOLD USD5.4%
3SOURCE PHYSICAL GOLD USD5.4%
4TOREX GOLD RESOURCES INC5%
5SILVER WHEATON CORP4.7%
6FRANCO NEVADA CORP4.2%
7GOLDCORP INC4.1%
8NEWMONT MINING CORP4%
9AGNICO EAGLE MINES3.8%
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The Funds investment objective is long-term growth of capital. In seeking to meet its objective, the Fund invests primarily in the equity and equity related securities of companies engaged predominantly in exploring for, mining, processing, or dealing and investing in gold and other precious metals such as silver, platinum and palladium, as well as diamonds, worldwide.
Benchmark
  • Philadelphia Gold & Silver Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Norman Macdonald30/06/2014Norman MacDonald joined Invesco in 2008 as portfolio manager for Invesco's Canadian-distributed sector mutual funds. He began his investment career in 1994 at State Street Bank and Trust as a derivatives analyst. He later moved to Ontario Teachers' Pension Plan Board, where he worked for three years in progressive roles from research assistant to portfolio manager. His next role was as a vice president and partner at Beutel, Goodman & Co. Ltd. Prior to joining Invesco, Norman was a vice president and portfolio manager at Salida Capital Corp. Norman earned a BComm from the University of Windsor and is a CFA charterholder.
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, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Jersey, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Invesco Gold & Precious Metals A HKD
Initial charge5.26%
Annual charge1.5%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price45.47
CurrencyHKD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeACKE
Invesco Gold & Precious Metals A Hedged EUR
Initial charge5.26%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price4
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ4A3
Invesco Gold & Precious Metals A USD
Initial charge5.26%
Annual charge1.5%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price5.38
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ4A0
Invesco Gold & Precious Metals C Hedged EUR
Initial charge5.26%
Annual charge1%
Min single investment£800,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.47%
Bid price-
Offer price-
Mid price4.16
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ4A4
Invesco Gold & Precious Metals C USD
Initial charge5.26%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.47%
Bid price-
Offer price-
Mid price5.58
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ4A1
Invesco Gold & Precious Metals E EUR
Initial charge3.09%
Annual charge2%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.46%
Total expense ratio (TER)2.56%
Bid price-
Offer price-
Mid price4.87
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ4A2
Invesco Gold & Precious Metals R Acc USD
Initial charge-
Annual charge1.5%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.66%
Total expense ratio (TER)2.77%
Bid price-
Offer price-
Mid price4.06
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6N3
Data provided by

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