Invesco Global Opportunities (UK)

Targets capital growth from a relatively concentrated portfolio of equities worldwide.

  • 142.51p Price (Inc)
  • - Price (Acc)
  • 5.00% 0.00% Initial charge
  • 1.70% Annual management charge
  • 1.70% Ongoing charges
  • 0.90% Yield

Prices as at 09 December 2019, fund data last updated 20 August 2003

The fund aims to achieve long-term capital growth through a portfolio of primarily global equities.

Fund summary

Sector Global
Structure OEIC
Launched October, 1997
Size £212m
Yield 0.90%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.70%
Ongoing charges figure 1.70%

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Investment process

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 -0.61%
  • 16/17 -0.59%
  • 17/18 0.00%
  • 18/19 1.24%

Bestinvest MRI

  • 3 years 0.22%
  • 5 years 0.00%
  • Career 0.29%
  • 3 years 50.00%
  • 5 years 0.00%
  • Career 88.30%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Stephen Anness

Based in Henley-on-Thames, Anness is a member of Invesco Perpetual’s Global Equity Group and specialises in managing concentrated equity portfolios. He began his investment career within the UK Equities team, joining the company in July 2002 as a trainee analyst. He started managing UK equity portfolios in September 2004. He took over some of the portfolio management responsibilities of veteran fund manager, Ed Burke, upon his retirement in 2008. He holds a BSc in Economics from the University of Swansea, The Securities Institute Diploma, Investment Management Certificate and has studied Corporate Finance at The London Business School.

Track record

Stephen Anness has 4.6 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.29%. During the worst period of relative performance (from January 2009 - November 2011) there was a decline of 17% relative to the index. The worst absolute loss has been 26%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 88%.

Periods of worst performance

Absolute -26.00% (June 2008 - March 2009)
Relative -17.00% (January 2009 - November 2011)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Top 10 holdings

Data accurate as at 31 August 2019

5.84% Rolls-Royce Hldgs Plc
4.88% Bayer Ag
4.58% Texas Instruments Inc
4.13% Taiwan Semiconductor Manufacturing
4.07% Tencent Hldgs Limited
3.6% Melrose
3.5% First Republic Bank San Francisco
3.38% Tesco Corp
3.22% Royal Dutch Shell
3.14% Bristol Myers Squibb Sa
Source: Trustnet

Sector breakdown

Financials 21.00%
Industrials 17.00%
Consumer Discretionary 16.00%
Energy 12.00%
Information Technology 11.00%
Health Care 9.00%
Communications 5.00%
Consumer Staples 3.00%
Real Estate 3.00%
Materials 2.00%

Key Investor Information

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