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INVESCO PERPETUAL UK STRATEGIC INCOME R - Fund overview

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Overview of INVESCO PERPETUAL UK STRATEGIC INCOME R

This is an actively managed fund that aims to achieve capital growth whilst maintaining a growing level of income from investments in UK equities. The value slant of the manager means that the fund is likely to take significant bets versus the benchmark, the FTSE All-Share. Mark Barnett also manages a couple of investment trusts including Perpetual Income & Growth IT, which can be considered as the close-ended version of this fund.

Standard Initial Charge

5.00% 0.00%

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Fund summary

Sector  UK Equity Income
Product type  OEIC
Launched  May, 2007
Size  £188m
Yield 4.0%
Charging basis  Capital
Dividends paid  31/5, 30/11.
Bid price(inc) 88.05p
Bid price(acc) 105.70p

Fund Charges

Standard Initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.50%
Reduction in yield (10yr) 1.50%

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No information available.

Portfolio

invesco perpetual uk strategic income r asset allocation illustration
Allocation Proportion
Equity 97%
High yield bonds
Quality bonds 0%
Property 0%
Commodities
Hedge
Fund cash 3%
invesco perpetual uk strategic income r equity geographic illustration
Allocation Proportion
UK 94%
Europe 0%
Nth America 6%
Japan 0%
Pacific 0%
Other Equity 0%
invesco perpetual uk strategic income r equity capitalisation illustration
Allocation Proportion
Large Caps 74%
Mid Caps 20%
Small Caps 6%

Investment process


This fund aims to produce income with capital growth primarily through a portfolio of investments in UK companies, although a small proportion may also be invested overseas companies as well in corporate bonds.
The manager initially shapes his portfolio through a top down view which is combined with fundamental analysis at the stock level. Target companies must have robust business models, be cash generative as well as returning cash to shareholders in the form of dividend payments. It should be noted, however, that the total return philosophy, has meant that the income yield has generally been below the sector average.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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