Invesco UK Opportunities (UK)

  • 341.81p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 602.20p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 5.00% 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.50%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.66%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 2.90%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 20 November 2020, fund data last updated 21 June 2010

This fund invests primarily in UK equities to produce capital growth. To achieve this the manager combines stock selection skills with an understanding of the macro economic (global financial view) environment. The approach tends to favour companies that can grow their businesses even in tough economic environments. As such large blue chip companies are well represented, although that is not to say that large and medium sized companies are not considered.

Fund summary

Sector UK All Companies
Structure OEIC
Launched
Size £670m
Yield 2.90%
Charging basis
Dividends paid 28 Feb

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.66%

Allocation

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Investment process

Whilst primarily investing in UK equities, investments may occasionally be made in the securities of companies with significant sources of profit from, or close economic links with, the UK. As is the case for all funds under the remit of Invesco Perpetual's UK desk, investment decisions do take into account the the global context and its affect on financial markets, regions and industries. However, the majority of analysis is at the stock level, whereby a fundamental assessment, notably that of company management, is key to the process. Additionally the approach will try to identify reasons for stock under valuation, such as underestimated growth potential, management changes, or out of favour sectors.

The fund's manager, Martin Walker, along with his colleagues on the UK desk are of the opinion that UK economic growth will continue to be slow for the foreseeable future. Therefore he currently favours blue-chip, dividend paying, defensive companies with strong balance sheets, which can survive this difficult environment. Whilst this view has started to pay off more recently, the UK All Companies sector is very competitive and we have more confidence in our rated funds within this sector.

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

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

Track record

Periods of worst performance

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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.

Allocation

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Sector breakdown

Industrials 19.00%
Basic Materials 17.00%
Financials 12.00%
Health Care 11.00%
Utilities 11.00%
Oil & Gas 9.00%
Consumer Services 8.00%
Telecommunications 6.00%
Consumer Goods 4.00%
Money Market 2.00%

Portfolio

Around 70-80 stocks are held.

Key Investor Information - Income

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Key Investor Information - Accumulation

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