Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

Invesco Tactical Bond Class X - Accumulation (GBP)

Sell:216.24p Buy:216.24p Change: 0.22p (0.10%)
Prices as at 14 December 2018
Sell:216.24p
Buy:216.24p
Change: 0.22p (0.10%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 14 December 2018
Sell:216.24p
Buy:216.24p
Change: 0.22p (0.10%)
Prices as at 14 December 2018
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: 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): 0.75% 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: £732 million
Number of holdings: 194
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

14/12/13 to 14/12/14 14/12/14 to 14/12/15 14/12/15 to 14/12/16 14/12/16 to 14/12/17 14/12/17 to 14/12/18
Annual return n/a 0.46% 3.68% 3.34% -1.67%

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 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...

Fund Objective

Invesco Tactical Bond Fund (UK) 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 : 3.74%
Underlying yield : 3.74%
Income paid: Bi-annually
Type of payment: Interest
Ex-dividend date: 1 November 2018 1 May 2019
Payment date: 31 December 20184 30 June 20194

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 November 2018.

Security Weight
UNITED STATES TREAS 2.250 FEB 15 27 8.02%
HBOS CAPITAL FUNDING 6.461 PERPETUAL 4.67%
BARCLAYS BANK PLC FLTG 14.000 PERP 3.97%
ENEL SPA FLTG 7.750 SEP 10 75 3.24%
RWE AG FLTG 7.000 PERP 2.78%
UNITED STATES TREAS 2.875 SEP 30 23 2.66%
UNITED STATES TREAS 2.750 MAY 31 23 2.65%
UNITED STATES TREAS 2.000 NOV 30 22 2.57%
Invesco STIC Sterling Liquidity Agency Class 2.43%
RABOBANK NEDERLAND FLTG 11.000 PERP 144 2.18%
Sector Weight
Bonds 93.27%
Non-Classified 3.60%
Managed Funds 2.43%
Cash and Equiv. 1.79%
Alternative Trading Strategies -1.08%
Country Weight
United Kingdom 32.75%
United States 26.06%
Italy 9.60%
France 6.38%
Germany 5.18%
Netherlands 4.07%
Managed Funds 2.43%
Belgium 2.29%
Ireland 2.04%
Cash and Equiv. 1.79%

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 14 December 2018. Data provided by Funds Library, correct as at 31 October 2018.

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.