Fact sheet: Invesco UK Inv Grade Bd

Fund information
Fund name
Invesco UK Investment Grade Bond A
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Lyndon Mansince 30/08/2013
  • Luke Greenwoodsince 30/08/2013
Fund objective
The primary objective of the Fund is to provide investors with Sterling income from a managed portfolio of UK and international fixed income and money market securities.
Benchmark
  • BofA Merrill Lynch Sterling Broad Market Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.6%
1 Year rank in sector
8/23
Sector
FO Fixed Int - GBP Investment Grade
Yield
2.5%
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.
0.95%
Fund size
£73m (£52m 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.
43
Top in this sector
Fund name1 Year
MGI UK Inflation Lkd Bd20.3%
GAM Star Credit Opps £8.8%
MGI UK Bond8.7%
JPM Sterling Bond8.5%
Sanlam Strategic Bond7.8%
...more in FO Fixed Int - GBP Investment Grade

Performance snapshot

Holdings snapshot

  • UK73.9%
    Germany3.1%
    Switzerland2.6%
    USA2.4%
    Money Market2.4%
  • Government Bonds52.8%
    Corporate Bonds39.3%
    Government Guaranteed5.6%
    Cash & Cash Equivalents2.4%
    Foreign Exchange-0.1%
  • UK Fixed Interest73.9%
    German Fixed Interest3.1%
    Swiss Fixed Interest2.6%
    US Fixed Interest2.4%
    Money Market2.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-5.9%3.1%7.6%23.1%33.4%
Sector-1.2%-4%3%6.3%16.9%34.4%
Rank within sector19 / 2319 / 234 / 238 / 238 / 218 / 19
Quartile4th4th1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund9.1%0.3%12.6%-1.6%8.2%
Sector7.6%0.7%7.9%1.3%11.8%
Rank within sector7 / 238 / 219 / 2112 / 2111 / 19
Quartile2nd2nd2nd3rd3rd
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.
-0.29
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.
1.43
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.
0.53
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%.
6.62
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.
2.51
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.
0.72
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.
0.94
Price movement
52 week high1.12
52 week low0.97
Current bid price-
Current offer price-
Current mid price1.04
Region
1UK73.9%
2Germany3.06%
3Switzerland2.63%
4USA2.4%
5Money Market2.36%
6Netherlands2.24%
7France1.74%
8China1.63%
9Australia1.58%
Industry sector
1Government Bonds52.84%
2Corporate Bonds39.3%
3Government Guaranteed5.55%
4Cash & Cash Equivalents2.36%
5Foreign Exchange-0.05%
Asset type
1UK Fixed Interest73.9%
2German Fixed Interest3.06%
3Swiss Fixed Interest2.63%
4US Fixed Interest2.4%
5Money Market2.36%
6Dutch Fixed Interest2.24%
7French Fixed Interest1.74%
8Chinese Fixed Interest1.63%
9Australian Fixed Interest1.58%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The primary objective of the Fund is to provide investors with Sterling income from a managed portfolio of UK and international fixed income and money market securities.
Benchmark
  • BofA Merrill Lynch Sterling Broad Market Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Lyndon Man30/08/2013Lyndon joined Invesco in 2011 and is the principal Portfolio Manager for Invesco's global IG credit funds. He manages portfolios with a range of investment strategies, including active alpha and enhanced beta. Prior to Invesco, Lyndon was with the Government of Singapore Investment Corporation (GIC) where he managed multi-asset as well as fixed income portfolios, specializing on relative value in derivatives – linear and option-related, as well as traditional asset allocation strategies. He began his time at the GIC as a quantitative analyst in 2005, where he lead the quantitative platform in the development of pricing models and various quant strategies. Lyndon started off his career at Barclays Capital as a market risk manager in fixed income and emerging markets. Lyndon achieved a Masters in Chemistry and a BA (Hons) in Physical Science at the University of Oxford in 2001 and 2000 respectively. He is a CFA charterholder.
Luke Greenwood30/08/2013Luke is originally from Australia, where he began his career at Westpac and subsequently, State Street in Sydney before moving to the UK. He joined Invesco in 2000 becoming a member of the Invesco Fixed Income (IFI) team in 2004. Prior to joining the IFI team Luke was a performance and risk management analyst. Luke is primarily responsible for Sterling and European short duration strategies in his role as a Credit Portfolio Manager. Additionally, he is actively involved in asset allocation decisions for European and UK investment grade credit. His broad fixed income background includes prior experience analysing and investing in the UK, Canadian and Japanese government bond markets along with the UK banking, European auto and defense credit sectors. Luke holds an Executive MBA from Cass Business School.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, United Kingdom, Hong Kong, Ireland, Jersey, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Sweden, Taiwan - Province Of China
Invesco UK Investment Grade Bond A
Initial charge5.26%
Annual charge0.63%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price1.0375
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ638
Invesco UK Investment Grade Bond C GBP
Initial charge5.26%
Annual charge0.4%
Min single investment£600,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.1378
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF84N
Invesco UK Investment Grade Bond Z Quartel Dis GBP
Initial charge5.26%
Annual charge0.32%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.4634
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFARW
Data provided by

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