Invesco Euro Ultra-Short Term Debt Class A - Accumulation (EUR)





Charges and Savings
Initial charges | |
---|---|
Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |
---|---|
Performance fee: | No |
Ongoing charge (OCF/TER): | 0.37% |
Ongoing saving from HL: | 0.00% |
Net ongoing charge: | 0.37% |
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
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Performance
12/08/17 to 12/08/18 | 12/08/18 to 12/08/19 | 12/08/19 to 12/08/20 | 12/08/20 to 12/08/21 | 12/08/21 to 12/08/22 | |
---|---|---|---|---|---|
Annual return | -1.90% | 3.54% | -3.24% | -6.39% | -1.79% |
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 chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
The Fund seeks to achieve a positive gross return through a conservative allocation (low duration and high credit quality) to rates and credit as more fully described below. Due to the prevailing interest rate environment or other factors, it is possible that this may not be achieved. The Fund seeks to achieve its objective by investing in debt securities and cash. Debt securities may include government debt securities, fixed and floating rate corporate debt securities, Money Market Instruments and cash equivalents. The Fund will invest at least 70% of its NAV in debt securities denominated in Euro. The average portfolio duration will not exceed 18 months. Portfolio Duration is a measure of the weighted average Duration of the individual debt securities of the portfolio. For the purposes of the Fund, debt securities will not have a residual maturity exceeding 3 years at the time of purchase. The Fund may invest up to 5% of its NAV in non-investment grade debt securities but will not invest in securities with a credit rating of below B- by Standard and Poors rating agency, or equivalent (or in the case of unrated debt securities, determined to be of an equivalent rating). The Fund may invest in derivatives on credit, rates and currencies which may be used to achieve both long and short positions. Non-Euro investments are intended to be hedged back into Euro on a discretionary basis.
Income Details
Security | Weight |
---|---|
Invesco Euro Liquidity Agency Class | 9.04% |
GERMANY(FED REP) 1.500 FEB 15 23 | 2.03% |
ITALY(REP OF) 0.900 AUG 01 22 | 1.26% |
FINLAND(REP OF) 0.000 SEP 15 23 REG | 1.00% |
MONDI FINANCE PLC 1.500 APR 15 24 | 0.99% |
TLG IMMOBILIEN AG 0.375 SEP 23 22 REG | 0.88% |
FIDELITY NATL INF 0.125 DEC 03 22 | 0.88% |
CITIGROUP INC 0.750 OCT 26 23 | 0.84% |
LLOYDS BK CORP MKTS 0.250 OCT 04 22 REGS | 0.84% |
BELFIUS BANK SA/NV 0.750 SEP 12 22 REG | 0.81% |
Sector | Weight |
---|---|
Bonds | 70.29% |
Alternative Trading Strategies | 12.02% |
Managed Funds | 9.04% |
Non-Classified | 8.26% |
Cash and Equiv. | 0.39% |
Country | Weight |
---|---|
Non-Classified | 21.15% |
United States | 11.98% |
France | 9.31% |
United Kingdom | 9.21% |
Managed Funds | 9.04% |
Germany | 6.94% |
Netherlands | 6.79% |
Luxembourg | 2.84% |
Italy | 2.48% |
Australia | 2.32% |
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 12 August 2022. Data provided by Broadridge, correct as at 30 June 2022.


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.