Invesco Global Equity Income (UK) Y
International equity fund targeting 4% annual income and capital growth
PRICE (INC)
314.6p
PRICE (ACC)
407.14p
INITIAL CHARGE
0%
ANNUAL MANAGEMENT CHARGE
0.87%
ONGOING CHARGE
0.87%
YIELD
2.1%
Prices as at 10 Aug 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
Fund summary
| Sector | Global Equity Income |
|---|---|
| Structure | OEIC |
| Launched | March 2014 |
| Size | £517m |
| Yield | 2.1% |
| Charging Basis | Capital |
| Dividends paid | 30 Apr, 31 Oct |
Charges
| Standard Initial Charge | 0% |
|---|---|
| Initial Charge Via BestInvest | 0% |
| Additional Bid/Offer Spread | 0% |
| Annual Management Charge | 0.87% |
| Ongoing Charges Figure | 0.87% |
Investment Process
The Fund aims to generate a rising level of income, together with long-term capital growth, by investing primarily in global equities. The process is purely bottom-up, with the manager taking the best ideas of Invesco Perpetual’s regional teams (around 550 stocks) then comparing them globally across sectors. The portfolio comprises two types of stocks: (1)those with returns above cost of capital that have defensive barriers enabling them to sustain these returns - the manager looks for sustainable free cashflow of over 5% (the average long bond rate); (2)deep value plays with sub-cost returns. There is a 4% yield target which applies to the portfolio as a whole, so individual holdings may yield less. Upside and downside price targets are set; average holding period is expected to be 3 years.
The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.
Past performance is not a guide to future performance. View full risk warning