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Invesco Global Equity Income (UK) Y

Bestinvest LogoInternational 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%

1 YEAR
7.60%

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.

The fund targets a rising income as well as capital growth by investing in equities worldwide. The manager selects stocks principally from the best ideas of Invesco Perpetual's regional teams, comparing them across sectors to form the portfolio. There are few constraints on the fund's composition so the portfolio may differ substantially from the MSCI World index.

Fund summary

SectorGlobal Equity Income
StructureOEIC
LaunchedMarch 2014
Size£517m
Yield2.1%
Charging BasisCapital
Dividends paid30 Apr, 31 Oct

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.87%
Ongoing Charges Figure0.87%

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