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Invesco Tactical Bond Inclusive - Accumulation (GBP)

Sell:82.61p Buy:82.61p Change: 0.09p (0.11%)
Prices as at 21 January 2021
Sell:82.61p
Buy:82.61p
Change: 0.09p (0.11%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 21 January 2021
Sell:82.61p
Buy:82.61p
Change: 0.09p (0.11%)
Prices as at 21 January 2021
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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): 1.44%
Ongoing saving from HL: 0.625% i
Net ongoing charge: 0.815%
There are other unit types of this fund available:
Inclusive - Income (GBP) (Net ongoing charge 0.815%)
Class Z - Accumulation (GBP) (Net ongoing charge 0.56%)
Class Z - Income (GBP) (Net ongoing charge 0.56%)

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: Inclusive
Manager:
Multiple
Fund launch date: 1 February 2010
Launch price: £0.50
Sector: GBP Strategic Bond
Fund size: £620 million
Number of holdings: 352
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

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Performance

21/01/16 to 21/01/17 21/01/17 to 21/01/18 21/01/18 to 21/01/19 21/01/19 to 21/01/20 21/01/20 to 21/01/21
Annual return 4.18% 1.90% -1.96% 3.96% 11.89%

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

HL Research

This fund is managed by a pair we rate highly - Paul Causer and Paul Reid. They can invest in all types of bonds, with very few constraints placed on them. The performance of the fund hinges on their ability to interpret the bigger economic picture. They can aggressively alter...

Our latest article

Paul Read, co-manager of the Invesco Tactical Bond fund will step back from the Invesco Tactical Bond Fund on 31 August 2020.

Fund Objective

The Fund aims to achieve income and capital growth over the medium to long term (3 to 5 years plus). The Fund has a flexible allocation to corporate and government debt securities (including investment grade, non-investment grade and unrated) and cash. 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.In pursuing the Fund's investment objective, the fund manager may consider it appropriate to also invest in other transferable securities, collective investment schemes (including funds managed by the Invesco group) and deposits.

Income Details

Distribution yield : 2.06%
Underlying yield : 2.06%
Income paid: Bi-annually
Type of payment: Interest
Ex-dividend date: 1 May 2021 1 November 2021
Payment date: 30 June 20214 31 December 20214

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 31 October 2020.

Security Weight
UNITED STATES TREAS 0.125 JUL 15 30 I/L 2.55%
UNITED STATES TREAS 2.250 FEB 15 27 2.48%
US TREASURY 0.500 JAN 15 28 I/L 2.01%
UNITED STATES TREAS 0.250 JUL 15 29 I/L 1.94%
Invesco STIC Sterling Liquidity Agency Class 1.82%
PINEWOOD FINANCE CO 3.250 SEP 30 25 REGS 1.75%
ITALY(REP OF) 2.100 JUL 15 26 1.54%
GENERAL MOTORS FIN FLTG MAR 26 22 REG 1.38%
HSBC BANK FLTG PERPETUAL 1.31%
UNITED STATES TREAS 0.375 DEC 31 25 1.12%
Sector Weight
Bonds 95.51%
Alternative Trading Strategies 2.07%
Managed Funds 1.82%
Cash and Equiv. 0.81%
Non-Classified -0.20%
Country Weight
United Kingdom 35.78%
United States 25.79%
Netherlands 7.40%
France 4.75%
Italy 4.63%
Germany 3.94%
Spain 3.40%
Ireland 2.93%
Non-Classified 1.87%
Managed Funds 1.82%

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 21 January 2021. Data provided by Funds Library, correct as at 31 December 2020.

FundsLibrary
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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.