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INVESCO PERPETUAL EUROPEAN EQUITY - Fund overview

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Overview of INVESCO PERPETUAL EUROPEAN EQUITY

The fund aims to achieve capital growth in Europe by investing primarily in shares in companies in Continental Europe, although it may include other European related investments. The emphasis is to identify good quality undervalued companies at the individual stock level, i.e. companies that have strong fundamentals in their own right. However, top down analysis is also used to help focus the research process and may also be used in portfolio construction at the country and sector level.

Standard Initial Charge

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Fund summary

Sector  Europe Excluding UK
Product type  OEIC
Launched  January, 1986
Size  £1,050m
Yield 2.4%
Charging basis  Income
Dividends paid  31/12.
Bid price(inc) 405.29p
Bid price(acc) 453.40p

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 1.70%
Reduction in yield (10yr) 1.70%

Bestinvest says


This is Invesco Perpetual's core European offering, investing predominantly in large and mid cap stocks. Though manager Jeffrey Taylor has added some value over his tenure, we have higher conviction in other managers in the IMA Europe ex UK sector. Therefore we suggest investors consider our other rated funds including Schroder European Alpha Plus, Threadneedle European Select or Blackrock European Dynamic.

Portfolio

invesco perpetual european equity asset allocation illustration
Allocation Proportion
Equity 100%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 0%
invesco perpetual european equity equity geographic illustration
Allocation Proportion
UK 2%
Europe 98%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
invesco perpetual european equity equity capitalisation illustration
Allocation Proportion
Large Caps 68%
Mid Caps 32%
Small Caps 0%

Investment process


The research process emphasises internal proprietary research at the individual company level whereby the manager believes meeting company management is the most important part of the information gathering process. Within this context the aim is to select companies with winning business models, market leaders, companies with a degree of pricing power and good management teams. However, companies with restructuring potential are often on the investment radar. Selected external research is also utilised in order to identify potential opportunities.

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.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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