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Invesco Perpetual Tactical Bond Class X - Accumulation (GBP)

Sell:219.84p Buy:219.84p Change: 0.01p (0.01%)
Prices as at 17 November 2017
Sell:219.84p
Buy:219.84p
Change: 0.01p (0.01%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 17 November 2017
Sell:219.84p
Buy:219.84p
Change: 0.01p (0.01%)
Prices as at 17 November 2017
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 5.00%
Initial saving from HL: 5.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.75% i
Ongoing saving from HL: 0.12% i
Net ongoing charge: 0.63%
There are other unit types of this fund available:
Inclusive - Accumulation (GBP) (Net ongoing charge 0.815%)
Inclusive - Income (GBP) (Net ongoing charge 0.815%)
Class X - Income (GBP) (Net ongoing charge 0.63%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 1 February 2010
Sector: GBP Strategic Bond
Fund size: £636 million
Number of holdings: 190
Fund type: ICVC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

17/11/12 to 17/11/13 17/11/13 to 17/11/14 17/11/14 to 17/11/15 17/11/15 to 17/11/16 17/11/16 to 17/11/17
Annual return n/a n/a 1.07% 2.54% 3.73%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

This is a highly flexible fund managed by two experienced, talented fund managers in Paul Causer and Paul Read. They aim to shelter the portfolio when they see tough times ahead; and seek strong returns as more opportunities become available. Depending on the managers' views, at different times this can...

Read more HL research on this fund

Fund Objective

Invesco Perpetual Tactical Bond Fund aims to achieve a high level of return through a combination of income and capital growth over the medium to long term. This will be achieved through a flexible allocation to corporate and government debt securities (which may be unrated or sub-investment grade), transferable securities, collective investment schemes, financial derivative instruments and cash. Financial derivative instruments can be used for investment purposes and for efficient portfolio management. Derivatives may be used to achieve both long and short exposure to credit, interest rates and currencies globally. Depending on market conditions the Fund may invest up to 100% of its net assets in cash, cash equivalents, short term debt securities and money market instruments.

Income Details

Distribution yield : 2.87%
Underlying yield : 2.87%
Income paid: Bi-annually
Type of payment: Interest
Ex-dividend date: 1 November 2017 1 May 2018
Payment date: 31 December 20174 30 June 20184

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 September 2017.

Security Weight
UNITED STATES TREAS 2.250 FEB 15 27 5.85%
Societe Generale 8.875% Notes Perpetual GBP50000 4.87%
NETHERLANDS KING 0.750 JUL 15 27 4.23%
RWE AG FLTG 7.000 PERP 3.35%
Standard Life Plc 6.546% Mut Ass Cap Secs GBP 3.25%
BARCLAYS BANK PLC FLTG 14.000 PERP 3.15%
UNITED STATES TREAS 1.250 DEC 31 18 2.95%
VIRGIN MEDIA SEC F 7.000 APR 15 23 REG 2.78%
BG ENERGY CAPITAL 6.500 NOV 30 72 2.76%
TELECOM ITALIA SPA 7.375 DEC 15 17 2.74%
Sector Weight
Bonds 102.50%
Non-Classified 0.20%
Managed Funds 0.00%
Cash and Equiv. -2.71%
Country Weight
United Kingdom 35.84%
United States 22.36%
France 12.81%
Italy 9.68%
Germany 7.26%
Netherlands 6.14%
Spain 1.74%
Switzerland 1.09%
Mexico 1.03%
Luxembourg 0.97%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 17 November 2017. Data provided by Funds Library, correct as at 31 October 2017.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.