Fact sheet: Invesco US Dollar Reserve

Fund information
Fund name
Invesco US Dollar Reserve A USD
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Paul Muellersince 01/07/2014
Fund objective
The Fund aims to provide the maximum return with a high degree of security from a portfolio of short-dated fixed interest securities which have an initial or residual maturity not exceeding 12 months.
Benchmark
  • Fed Funds Rate
Investment style
None
Investment method
Short Dated Bonds
Quick stats
1 Year return
0.1%
1 Year rank in sector
29/56
Sector
FO Currency - US Dollar
Yield
0.4%
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.
0.23%
Fund size
£143m (£201m 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.
66
Top in this sector
Fund name1 Year
Hume Caut MA $0.9%
BlackRock ICSInt$UlStBd0.9%
CMI US Dollar Currency Reserve0.7%
Dimensional One Year Fxd Inc Pfl0.7%
Amundi Cash USD0.7%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.1%0.1%0.1%0.1%
Sector0%0.1%0.2%0.3%0.3%0.6%
Rank within sector33 / 6027 / 5926 / 5729 / 5630 / 5232 / 50
Quartile3rd2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.1%---0%
Sector0.2%0.1%-0%-0.1%0.4%
Rank within sector30 / 5740 / 5433 / 5234 / 5127 / 50
Quartile3rd3rd3rd3rd3rd
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.
0.02
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.
0.11
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%.
0.02
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.
0.08
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.
-1.05
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.
0.15
Price movement
52 week high87.13
52 week low87.02
Current bid price-
Current offer price-
Current mid price87.13
Region
1Money Market100%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
1INVESCO STIC US DOLLAR LIQUIDITY INSTINC 8.8%
2BANK OF CHINA C/D 0.00 SEP 12 167%
3AGENCE CENTRALE C/P AUG 09 165.3%
4QATAR NATIONAL BANK C/D 0.0 AUG 05 165.3%
5 DZ BANK C/D 0.000 OCT 07 165.2%
6SWEDBANK C/P DEC 23 165.2%
7 NATIONAL BANK OF ABU DHABI C/D 0.670 AUG 19 164.9%
8ANZ BANK NEW ZEALAND C/P JAN 05 174.9%
9NATIXIS C/D 0.710 OCT 11 164.9%
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to provide the maximum return with a high degree of security from a portfolio of short-dated fixed interest securities which have an initial or residual maturity not exceeding 12 months.
Benchmark
  • Fed Funds Rate
Investment style
None
Investment method
Short Dated Bonds
Fund managers
NameSinceBiography
Paul Mueller01/07/2014Paul Mueller joined Invesco in December 2003 as a product manager for the UK enhanced cash strategy and became a Portfolio Manager for this and other segregated institutional long-term bond strategies in 2004. Paul began his career in local government in 1992 qualifying as an accountant (CPFA) in 1993 with the London Borough of Hillingdon before moving to UBS Corporate Finance in 1995, where he was a consultant for a number of local authorities advising on debt restructuring and fund manager appointments. The team he worked within at UBS was sold in 1997, ultimately, to Capita Services where Paul became head of their investment advisory business. Paul earned a BA degree with honors in accounting, finance and economics from Essex University. He also holds the IMC (Investment Management Certificate) qualification from the CFA Society of the UK and has also passed his Technical Analysis paper to become a member of the Society of Technical Analysts (STA).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Cyprus, Germany, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Hong Kong, Ireland, Italy, Jersey, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Invesco US Dollar Reserve A USD
Initial charge-
Annual charge0.45%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price87.13
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBW50
Invesco US Dollar Reserve C USD
Initial charge-
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.11%
Bid price-
Offer price-
Mid price90.27
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIA51
Data provided by

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