Fact sheet: Invesco Perpetual UK Corp Bd Pn

Fund information
Fund name
Invesco Perpetual UK Corporate Bond Pn 7
Fund manager company
Invesco Perpetual UK Pens
Fund type
Pension Fund
Fund managers
  • Paul Causersince 06/12/2000
  • Paul Readsince 06/12/2000
  • Michael Matthewssince 31/08/1995
No data available.
Fund objective
The Invesco Perpetual UK Corporate Bond Pension Fund aims to achieve 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, and may include derivatives on currencies, interest rates and credit. Derivatives can be used to achieve both long and short positions.
Benchmark
  • Merrill Lynch Sterling Non-Gilts All Stocks
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
9.8%
1 Year rank in sector
144/261
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£8m (£8m 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
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP18.1%
OMW IPL L&G AAA CrpBdOv15YIx Pn16.8%
Zurich M&G All StCor Bd16.2%
L&G PMC AAAAAA CpBd Ov15Y Id Pn15.6%
M&G PP All Stock Corporate Bond Pn15.4%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%2.4%-0.7%9.8%17%45.2%
Sector1.4%2.5%-2.4%10.2%19.6%36.8%
Rank within sector206 / 262150 / 26430 / 265144 / 261175 / 23526 / 215
Quartile4th3rd1st3rd3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund1.2%6.6%2.5%7.5%6.1%
Sector0.6%9.4%0.2%10.5%1%
Rank within sector26 / 265221 / 2602 / 246199 / 2355 / 226
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.
1.59
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.
0.62
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.
0.45
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%.
3.71
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.
2.61
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.
-0.19
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.
0.8
Price movement
52 week high328.46
52 week low296.07
Current bid price-
Current offer price-
Current mid price325.08
Region
1UK95.4%
2Money Market4.6%
Industry sector
1BBB57.41%
2A15.21%
3BB10.61%
4AAA6.03%
5Money Market4.6%
6AA3.01%
7B1.75%
8Non-Rated1.67%
9Others-0.29%
Asset type
1UK Fixed Interest95.4%
2Money Market4.6%
Individual holdings
No data available.
Management
Fund manager group
Invesco Perpetual
Fund manager company
Invesco Perpetual UK Pens
Fund type
Pension Fund
Fund objective
The Invesco Perpetual UK Corporate Bond Pension Fund aims to achieve 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, and may include derivatives on currencies, interest rates and credit. Derivatives can be used to achieve both long and short positions.
Benchmark
  • Merrill Lynch Sterling Non-Gilts All Stocks
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Paul Causer06/12/2000Based 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.
Paul Read06/12/2000Based 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.
Michael Matthews31/08/1995Based 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).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Invesco Perpetual UK Corporate Bond Pn 1
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 price156.71
CurrencyGBX
Price updated30/07/2012
Type-
Institutional or retail classRetail
Domicile-
Citi codeEHU8
Invesco Perpetual UK Corporate Bond Pn 1A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price308.63
Offer price308.63
Mid price-
CurrencyGBX
Price updated23/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ387
Invesco Perpetual UK Corporate Bond Pn 5A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price292.91
Offer price308.32
Mid price-
CurrencyGBX
Price updated23/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ388
Invesco Perpetual UK Corporate Bond Pn 7
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 price325.08
CurrencyGBX
Price updated23/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeIB65
Invesco Perpetual UK Corporate Bond Pn 8
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price325.08
Offer price342.18
Mid price-
CurrencyGBX
Price updated23/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeZ390
Data provided by

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