Fact sheet: Invesco Perp Mthly Inc Plus

Fund information
Fund name
Invesco Perpetual Monthly Income Plus Z Acc
Fund manager company
Invesco Perpetual Fund Mgrs
Fund type
OEIC
Fund managers
  • Ciaran Mallonsince 14/10/2013
  • Paul Readsince 06/02/1999
  • Paul Causersince 06/02/1999
Accolades
Fund objective
The Invesco Perpetual Monthly Income Plus Fund aims to achieve a high level of income together with capital growth over the medium to long term. The Fund seeks to achieve its objective by investing primarily in corporate and government high yielding debt securities globally (which may be unrated or sub-investment grade), and equities. The Fund may also invest in 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, credit and equities and can be used to achieve both long and short positions.
Benchmark
  • IA £ Strategic Bond
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
8.2%
1 Year rank in sector
24/77
Sector
UT Sterling Strategic Bond
Yield
5%
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.
0.72%
Fund size
£3,317m (£3,677m 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.
27
Mid price
257.07
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc19.6%
Legg Mason IFBrwiGlInOp13.5%
Fidelity UK Inv Grd Lg Cr13.1%
AXA Framlington Mgd Inc13.1%
Fidelity I Stg Cr + Bd12.9%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK54.5%
    USA15.1%
    Italy5.7%
    France5.6%
    Others5.2%
  • Banks28.7%
    Government Bonds16%
    Insurance5.7%
    Utilities5.5%
    Financials5.1%
  • UK Fixed Interest40.6%
    US Fixed Interest15.1%
    UK Equities14.3%
    Italian Fixed Interest5.7%
    French Fixed Interest5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%1.9%5%8.2%12.3%48.2%
Sector1.3%-0%1.1%7.4%13.1%30.9%
Rank within sector12 / 836 / 825 / 8224 / 7743 / 724 / 61
Quartile1st1st1st2nd3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund1%5.9%1.1%4.9%10.4%
Sector0.2%7.3%-0.3%6.8%2.6%
Rank within sector7 / 8349 / 7718 / 7447 / 723 / 64
Quartile1st3rd1st3rd1st
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.
-0.16
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.
0.95
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.
0.11
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%.
4.11
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.
2.52
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.
-0.16
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.
0.62
Price movement
52 week high257.03
52 week low228.42
Current bid price-
Current offer price-
Current mid price257.07
Region
1UK54.51%
2USA15.14%
3Italy5.74%
4France5.61%
5Others5.22%
6Spain2.94%
7Germany2.7%
8Greece2.67%
9Netherlands2.33%
Industry sector
1Banks28.74%
2Government Bonds15.95%
3Insurance5.7%
4Utilities5.47%
5Financials5.08%
6Telecommunications4.83%
7Foods4.21%
8Industrials3.58%
9Media3.26%
Asset type
1UK Fixed Interest40.58%
2US Fixed Interest15.13%
3UK Equities14.33%
4Italian Fixed Interest5.74%
5French Fixed Interest5.61%
6Global Fixed Interest4.28%
7German Fixed Interest2.7%
8Dutch Fixed Interest2.33%
9Spanish Fixed Interest2.29%
Individual holdings
1TREASURY 1% GILT 07/09/17 GBP0.014.05%
2United States Treasury Note/Bond2.87%
3LLOYDS BANK PLC 13% STEP-UP PERP CAP SECS GBP1000001.79%
4UNITED STATES OF AMER TREAS NOTES 0% NTS 15/05/17 USD10001.68%
5BARCLAYS BANK PLC 14% STEP-UP CALL PERP RCI GBP500001.55%
6UNITED STATES OF AMER TREAS NOTES 2.25% BDS 15/11/25 USD1001.19%
7UNITED STATES OF AMER TREAS BONDS 2% BDS 15/08/25 USD1001.17%
8HBOS CAPITAL FUNDING 6.461% BDS 12/12/2049 GBP10001.14%
9NATIONWIDE BUILDING SOCIETY0.98%
Management
Fund manager group
Invesco
Fund manager company
Invesco Perpetual Fund Mgrs
Fund type
OEIC
Fund objective
The Invesco Perpetual Monthly Income Plus Fund aims to achieve a high level of income together with capital growth over the medium to long term. The Fund seeks to achieve its objective by investing primarily in corporate and government high yielding debt securities globally (which may be unrated or sub-investment grade), and equities. The Fund may also invest in 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, credit and equities and can be used to achieve both long and short positions.
Benchmark
  • IA £ Strategic Bond
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Ciaran Mallon14/10/2013Ciaran 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.
Paul Read06/02/1999Based in Henley-on-Thames, Paul co-leads Invesco Perpetual’s Fixed Interest team with Paul Causer, managing a number of government, corporate and non- investment grade portfolios across the maturity spectrum. Paul began his investment career with UBS (Securities) Ltd in 1986, and then moved to Merrill Lynch International in 1988. Paul initially worked on the bond sales desk, covering institutional investment managers at Merrill Lynch, before moving on to debt trading and working as a director of fixed interest trading in Tokyo from 1991 and in Paris from 1993 before joining our company in 1995. He holds a BA in Economics and History from the University of Toronto and also has an MBA from INSEAD.
Paul Causer06/02/1999Based 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
Transparent for Swiss Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Invesco Perpetual Monthly Income Plus Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price312.35
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePE50
Invesco Perpetual Monthly Income Plus Gr Acc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price372.15
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGT78
Invesco Perpetual Monthly Income Plus Gr Inc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£250,000
Available in ISAYes
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price109.39
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGT79
Invesco Perpetual Monthly Income Plus Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price109.22
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePE49
Invesco Perpetual Monthly Income Plus No Trail Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price181.23
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ503
Invesco Perpetual Monthly Income Plus No Trail Gr Acc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price266.75
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGUWU
Invesco Perpetual Monthly Income Plus No Trail Gr Inc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price213.69
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGUWV
Invesco Perpetual Monthly Income Plus No Trail Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price108.29
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZ504
Invesco Perpetual Monthly Income Plus Y Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price223.17
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK63M
Invesco Perpetual Monthly Income Plus Y Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price198.31
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK63O
Invesco Perpetual Monthly Income Plus 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)0.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price229.75
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK63N
Invesco Perpetual Monthly Income Plus 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)0.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price198.22
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK63P
Invesco Perpetual Monthly Income Plus Z Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price257.07
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGUWW
Invesco Perpetual Monthly Income Plus Z Gr Acc
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price268.78
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGUWY
Invesco Perpetual Monthly Income Plus Z Gr Inc
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price215.31
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGUWZ
Invesco Perpetual Monthly Income Plus Z Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price215.27
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGUWX
Data provided by

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