Fact sheet: Invesco India Bond

Fund information
Fund name
Invesco India Bond C Acc USD
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Ken Husince 01/05/2014
  • Jackson Leungsince 10/07/2015
Fund objective
The objective of the Fund is to generate income and long-term capital appreciation. The Fund will invest primarily in debt instruments issued and/or guaranteed by the Indian government or by Indian companies, and Indian money-market instruments.
Benchmark
  • Indian 3m T-bills
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
9.6%
1 Year rank in sector
152/200
Sector
FO Fixed Int - Emerging Markets
Yield
7.6%
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.
1.16%
Fund size
£61m (£80m 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.
69
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$53.4%
Pictet Lat Am Lcl Cur Dt42.8%
SEI Emg Mkts Dt35.8%
Old Mutual Em Mt Dt35.6%
Schroder ISF EmgMktBd35.4%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • India99.3%
    Money Market0.7%
  • Corporate Bonds93.2%
    Government Bonds6.1%
    Money Market0.7%
  • Indian Fixed Interest99.3%
    Money Market0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%6.8%7.5%9.6%--
Sector-0.4%4.7%7.6%11.2%2.4%13.2%
Rank within sector3 / 21323 / 210107 / 207152 / 200--
Quartile1st1st3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund8.2%1.8%---
Sector12.8%-7.3%-0.6%-7%14.7%
Rank within sector178 / 20519 / 194---
Quartile4th1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high11.33
52 week low9.96
Current bid price-
Current offer price-
Current mid price11.32
Region
1India99.3%
2Money Market0.7%
Industry sector
1Corporate Bonds93.2%
2Government Bonds6.1%
3Money Market0.7%
Asset type
1Indian Fixed Interest99.3%
2Money Market0.7%
Individual holdings
1AXIS BANK LTD 8.85% BDS 05/12/24 INR10000005.4%
2RELIANCE JIO INFOCOMM 9.000 JAN 21 255.3%
3POWER GRID CORP OF INDIA 8.2% BDS 23/01/30 INR10000005.2%
4FOOD CORP OF INDIA 9.95% BDS 07/03/22 INR10000004.9%
5EXPORT IMPORT BANK OF INDIA 8.870 OCT 30 294.2%
6IDFC LTD 8.67% BDS 03/01/25 INR100000004%
7POWER FINANCE CORP LTD 8.65% NTS 28/12/24 INR10004%
8RURAL ELECTRIFICATION CORP LTD 8.3% SNR UNSEC BDS 10/04/25 INR1100000004%
9HOUSING DEVELOPMENT FINANCE CORP 8.43% BDS 04/03/25 INR10000003.9%
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The objective of the Fund is to generate income and long-term capital appreciation. The Fund will invest primarily in debt instruments issued and/or guaranteed by the Indian government or by Indian companies, and Indian money-market instruments.
Benchmark
  • Indian 3m T-bills
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ken Hu01/05/2014Ken Hu joined Invesco in April 2014 as CIO, Fixed Income, Asia Pacific. He acts as Fixed Income's senior investment professional overseeing fixed income investment products and processes. Ken has over 18 years of experience as an investment management professional. He joined Invesco from Bank of China Hong Kong (BOCHK) Asset Management, where he had served as chief investment officer for fixed income since January 2011. Prior to that he was chief investment officer for Bank of China Group Life Assurance, and director of fixed income for HSBC Private Bank. He also led the investment management activities for First State Investments and Income Partners Asset Management. Ken holds a Bachelor Degree in Business Administration from the University of Wisconsin-Madison, USA and a Master's Degree in Finance from the Hong Kong University of Science and Technology. Ken is also a CFA charter holder and a Certified Public Accountant.
Jackson Leung10/07/2015Jackson Leung joined Invesco Australia in 1991 and relocated to the Hong Kong office in 2014. Jackson is responsible for the portfolio management of specialist Australian Fixed Income portfolios. At Invesco Australia Jackson was responsible for portfolio management of all Australian cash and fixed income portfolios as well as Multi-Asset Class investment functions including balanced funds, capital protected products, currency hedging and rebalancing overlays. Previous positions held at Invesco Australia include Investment Manager of the International Equities Team and Performance Analyst. Prior to joining Invesco Australia, Jackson worked for Watson Wyatt in Hong Kong and for The Royal Hong Kong Jockey Club. Jackson holds Masters and Bachelor's degrees in Economics, and holds a CPA and F.Fin (fellowship of financial services) accreditations.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Invesco India Bond A Acc HKD
Initial charge5.26%
Annual charge1.25%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.7544
CurrencyHKD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFERQ
Invesco India Bond A Acc USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.1712
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFERP
Invesco India Bond A Fix Monthly Dis USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0894
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFV9K
Invesco India Bond A Hedged Gross Annual Dis EUR
Initial charge5.26%
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.5283
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFERR
Invesco India Bond A Hedged Monthly Dis 1 SGD
Initial charge5%
Annual charge1.25%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1378
CurrencySGD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE0SY
Invesco India Bond A Monthly Dis 1 USD
Initial charge5%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.107
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE0SZ
Invesco India Bond A Monthly Dis Gr USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.4419
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFERS
Invesco India Bond C Acc RMB
Initial charge5%
Annual charge0.75%
Min single investment£7,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.3145
CurrencyCNY
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0TA
Invesco India Bond C Acc USD
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.3197
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFERT
Invesco India Bond C Gross Monthly Dis USD
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0816
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFV9L
Invesco India Bond E Hedged Monthly Dis EUR
Initial charge3.09%
Annual charge1.75%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.1885
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFERU
Invesco India Bond R Hedged Monthly Dis EUR
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.1391
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFERV
Invesco India Bond Z Acc USD
Initial charge5.26%
Annual charge0.62%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.8967
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFV9M
Invesco India Bond Z Gross Monthly Dis USD
Initial charge5.26%
Annual charge0.62%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0891
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFV9N
Data provided by

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