Fact sheet: Invesco Perp Corporate Bd

Fund information
Fund name
Invesco Perpetual Corporate Bond Z Acc
Fund manager company
Invesco Perpetual Fund Mgrs
Fund type
OEIC
Fund managers
  • Michael Matthewssince 28/03/2013
  • Paul Causersince 24/07/1995
Fund objective
The Invesco Perpetual Corporate Bond Fund aims to achieve a combination of income and capital growth over the medium to long term. The Fund seeks to achieve its objective by investing primarily in investment grade corporate debt securities. The Fund may also invest in government, unrated and sub-investment grade debt securities, cash, cash equivalents, money market instruments, collective investment schemes, and other transferable securities. Financial derivative instruments can be used for investment purposes and for efficient portfolio management. They may include derivatives on currencies, interest rates and credit and can be used to achieve both long and short positions.
Benchmark
  • IA £ Corporate Bond
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.1%
1 Year rank in sector
76/90
Sector
UT Sterling Corporate Bond
Yield
3.8%
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.
0.66%
Fund size
£4,845m (£5,165m 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.
21
Mid price
244.19
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond15.6%
Insight UK Corp Lg Mat Bd15.1%
Henderson Inst Long Dat Cr14.4%
F&C Instl Lg Dtd Corp Bd14.1%
Newton Long Corporate Bond13.5%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK61.7%
    USA12.8%
    France8.7%
    International2.6%
    Germany2.6%
  • Banks27.3%
    Utilities13.7%
    Insurance12.7%
    Telecommunications12.5%
    Foods3.8%
  • Global Corporate Fixed Interest95.5%
    Global Fixed Interest2.6%
    Money Market2.1%
    Alternative Investment Strategies-0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%1.9%-0.6%6.1%12.2%33.3%
Sector0.1%1.7%-0.9%8.5%18.7%32.9%
Rank within sector19 / 9636 / 9534 / 9076 / 9073 / 8347 / 70
Quartile1st2nd2nd4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.8%5.2%1.1%5.9%4.5%
Sector1.5%9.1%-0.3%10.1%0.2%
Rank within sector22 / 9577 / 889 / 8677 / 834 / 77
Quartile1st4th1st4th1st
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.
0.28
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.
0.63
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.
0.12
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%.
3.76
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.
2.53
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.
-0.7
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.
0.82
Price movement
52 week high246.19
52 week low230.32
Current bid price-
Current offer price-
Current mid price244.19
Region
1UK61.74%
2USA12.81%
3France8.74%
4International2.59%
5Germany2.56%
6Netherlands2.38%
7Others2.37%
8Spain2.09%
9Money Market2.05%
Industry sector
1Banks27.33%
2Utilities13.65%
3Insurance12.71%
4Telecommunications12.5%
5Foods3.84%
6Transport3.81%
7Oil & Gas3.65%
8Retail2.94%
9Pharmaceuticals2.84%
Asset type
1Global Corporate Fixed Interest95.45%
2Global Fixed Interest2.63%
3Money Market2.05%
4Alternative Investment Strategies-0.13%
Individual holdings
1EUROPEAN INVESTMENT BANK 1.375% BDS 15/01/18 GBP1000001.8%
2LLOYDS BANK PLC 13% STEP-UP PERP CAP SECS GBP1000001.78%
3APPLE INC 3.85% BDS 04/05/43 USD2000144A1.63%
4BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500001.58%
5LLOYDS BANK PLC 7.625% NTS 22/04/25 GBP10001.49%
6LEGAL & GENERAL GROUP PERP PREF CALL CAP SECS GBP500001.31%
7PRUDENTIAL PLC 5% DATED NTS 20/07/55 GBP100000 21.2%
8HEATHROW FUNDING LTD CLS`A`5.225% UNWRP BDS 15/02/25GBP`REGS`1.15%
9AXA FRN 5.453%1.12%
Management
Fund manager group
Invesco Perpetual
Fund manager company
Invesco Perpetual Fund Mgrs
Fund type
OEIC
Fund objective
The Invesco Perpetual Corporate Bond Fund aims to achieve a combination of income and capital growth over the medium to long term. The Fund seeks to achieve its objective by investing primarily in investment grade corporate debt securities. The Fund may also invest in government, unrated and sub-investment grade debt securities, cash, cash equivalents, money market instruments, collective investment schemes, and other transferable securities. Financial derivative instruments can be used for investment purposes and for efficient portfolio management. They may include derivatives on currencies, interest rates and credit and can be used to achieve both long and short positions.
Benchmark
  • IA £ Corporate Bond
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Michael Matthews28/03/2013Based in Henley-on-Thames, Michael is responsible for the management of a number of government and corporate investment grade portfolios. Michael began his investment career in 1995, joining the co-heads of Invesco Perpetuals Fixed Interest team, Paul Read and Paul Causer, upon the team's foundation. He initially specialised in the team's money and foreign exchange market activities before predominantly focusing on government and investment grade credit markets. Michael has passed the associate examinations of the Association for Investment Management and Research (AIMR).
Paul Causer24/07/1995Based in Henley-on-Thames, Paul co-leads Invesco Perpetual’s Fixed Interest team with Paul Read, managing a number of government, corporate and non- investment grade portfolios. Paul began his investment career in 1983 in research and credit analysis with Asahi Bank, the large Japanese commercial bank. He then moved to the bank's treasury department and traded securities and derivative instruments until 1990 when he was given responsibility for managing the bank's multi-currency investment portfolio before joining our company in 1994. Paul holds a BSc in Economics from the London School of Economics.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Invesco Perpetual Corporate Bond Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price195.66
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP181
Invesco Perpetual Corporate Bond Gr Acc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price221.32
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGT72
Invesco Perpetual Corporate Bond Gr Inc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price90.77
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGT73
Invesco Perpetual Corporate Bond Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price90.72
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePE44
Invesco Perpetual Corporate Bond No Trail Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price174.64
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ499
Invesco Perpetual Corporate Bond No Trail Gr Acc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price250
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGUVO
Invesco Perpetual Corporate Bond No Trail Gr Inc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price212.85
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGUVP
Invesco Perpetual Corporate Bond No Trail Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price120.01
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZ500
Invesco Perpetual Corporate Bond Y Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price224.7
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK61G
Invesco Perpetual Corporate Bond Y Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price203.31
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK61I
Invesco Perpetual Corporate Bond Y Inst Gr Acc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price229.73
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK61H
Invesco Perpetual Corporate Bond Y Inst Gr Inc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price202.58
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK61J
Invesco Perpetual Corporate Bond Z Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.69%
Bid price-
Offer price-
Mid price244.19
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGUVQ
Invesco Perpetual Corporate Bond Z Gr Acc
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.69%
Bid price-
Offer price-
Mid price252.77
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGUVS
Invesco Perpetual Corporate Bond Z Gr Inc
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.69%
Bid price-
Offer price-
Mid price213.18
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGUVT
Invesco Perpetual Corporate Bond Z Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price213.09
CurrencyGBX
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGUVR
Data provided by

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