Fact sheet: Invesco Income Gth Tst plc

Fund information
Fund name
Invesco Income Growth Trust plc
Fund manager company
Invesco Asset Management
Fund type
Investment Trust
Fund managers
  • Ciaran Mallonsince 01/01/2005
Fund objective
The Company’s investment objective is to produce income and capital growth superior to that of the UK stock market and dividends paid quarterly that, over time, grow at above the rate of inflation.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
-0.9%
1 Year rank in sector
19/24
Sector
IT UK Equity Income
Yield
3.9%
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.
0.8%
Fund size
£158m
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.
105
Mid price
266
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
298.39
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-9.85
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
109
Top in this sector
Fund name1 Year
Tmpl Br IT PLC15.2%
Murray Inc Tst PLC11%
Shires Income plc9.7%
F&C Cap & Inc IT PLC9.1%
Finsbury Growth & Inc Tst PLC8.7%
...more in IT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK99.1%
    Not Specified0.8%
    Money Market0.1%
  • Consumer Services25.7%
    Utilities16%
    Industrials13.3%
    Consumer Goods12.4%
    Financials11.6%
  • UK Equities99.1%
    Global Fixed Interest0.8%
    Cash & Cash Equivalents0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%-6.7%0.7%-0.9%10.8%62.4%
Sector2.2%-1%4.7%3.1%12.5%69.5%
Rank within sector14 / 2422 / 2419 / 2419 / 2415 / 2418 / 24
Quartile3rd4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.9%1%7.1%24.6%20.2%
Sector2.6%3.8%3%29.8%20%
Rank within sector19 / 2417 / 249 / 2415 / 2410 / 24
Quartile4th3rd2nd3rd2nd
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.
0.5
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.
1.02
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.
0.1
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%.
9.75
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.
5.86
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.
0.07
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.
0.65
Price movement
52 week high292.5
52 week low246.25
Current bid price266
Current offer price271
Current mid price266
Region
1UK99.1%
2Not Specified0.8%
3Money Market0.1%
Industry sector
1Consumer Services25.66%
2Utilities15.98%
3Industrials13.29%
4Consumer Goods12.39%
5Financials11.59%
6Health Care8.59%
7Oil & Gas4.5%
8Basic Materials3.3%
9Telecommunications2.5%
Asset type
1UK Equities99.1%
2Global Fixed Interest0.8%
3Cash & Cash Equivalents0.1%
Individual holdings
1BRITISH AMERICAN TOBACCO5.2%
2IMPERIAL BRANDS PLC4.9%
3GLAXOSMITHKLINE3.9%
4NATIONAL GRID3.3%
5YOUNG & CO`S BREWERY3.3%
6PENNON GROUP3.2%
7WOLSELEY PLC3.2%
8HSBC HLDGS3.1%
9RELX NV3.1%
Management
Fund manager group
Invesco
Fund manager company
Invesco Asset Management
Fund type
Investment Trust
Fund objective
The Company’s investment objective is to produce income and capital growth superior to that of the UK stock market and dividends paid quarterly that, over time, grow at above the rate of inflation.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Ciaran Mallon01/01/2005Ciaran has worked in equity markets since 1994. After completing his Chemistry degree at Oxford University he joined HSBC Private Clients where he worked as an Investment Analyst. He joined United Friendly Asset Management (UFAM) in 1999 where he worked as a Fund Manager. UFAM was acquired by Royal London Asset Management (RLAM) in 2000. Ciaran left RLAM in 2004 and joined Invesco Perpetual in January 2005.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Invesco Income Growth Trust plc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price292.66
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJOJ
Invesco Income Growth Trust plc NFV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price296.59
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeEBK8
Invesco Income Growth Trust plc NPV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price296.59
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeEBK9
Data provided by

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