Fund Profile
Category: SICAV
The objective of the Fund is to achieve a high level of income together with long-term capital growth. - The Fund intends to invest primarily in debt instruments (including contingent convertibles) and shares of companies in Europe. - The Fund may invest in debt instruments which are in financial distress (distressed securities). - The Fund will make significant use of derivatives (complex instruments) in order to (i) reduce the risk and/or generate additional capital or income and/or (ii) meet the Fund’s investment objectives by generating varying amounts of leverage (i.e. where the Fund gains market exposure in excess of the net asset value of the Fund). - The Fund is actively managed within its objectives and is not constrained by a benchmark. - You can buy and sell shares in the Fund on any Business Day in Luxembourg (as defined in the Prospectus). - Any income from your investment will be reinvested.
Possible Lower
ReturnsHigher Risk
Possible Higher
Returns
| Closing Price 19/09/2019 | 22.51 |
| Morningstar category | EUR Cautious Allocation |
| Currency | EUR |
| Distribution status | Accumulating |
| ISIN | LU0243957239 |
| Inception Date | 31/03/2006 |
| Minimum initial amount | 1,000.00 EUR |
| Entry fee | None |
| Purchase charge | 0.5% (subject to minimum) |
| Custody fee | None |
| Exit fee | None |
| Sale charge | None |
| Ongoing charge | 1.61% of which 0.63% is paid by the Fund Manager to MeDirect |
| Address | Invesco Management S.A. 37A Avenue JF Kennedy Luxembourg L-1855 Luxembourg |
| Manager Name | Paul Causer |
| Manager Start Date | 31/03/2006 |
| Website | www.invescomanagementcompany.lu |
| Total Net Assets (mil) | 9,107.66 EUR (31/08/2019) |
| UCITS | Yes |
| Administrator | Bank of New York Mellon S.A./N.V. |
Legal Documents
| en 17/06/2019 |
| en 17/06/2019 |
| en 28/02/2019 |
| en 31/08/2018 |
| 19/09/2019 |
Performance
| Period | Annualised return | Date |
| 1 year | 4.75% | 19/09/2019 |
| 3 years | 3.57% | 19/09/2019 |
| 5 years | 3.21% | 19/09/2019 |
| 10 years | 7.77% | 19/09/2019 |
| Since launch | 6.21% | 19/09/2019 |
| Performance | |
| YTD 01/01/2019 | 9.86% |
| 1 month | 2.18% |
| 3 months | 2.18% |
| 6 months | 3.73% |
| Q 1 | Q 2 | Q 3 | Q 4 | |
| 2019 | 5.56% | 2.22% | - | - |
| 2018 | -1.55% | -0.65% | 0.33% | -4.74% |
| 2017 | 2.66% | 1.84% | 0.88% | 0.41% |
| 2016 | -1.58% | 1.45% | 3.41% | 2.02% |
| 2015 | 6.77% | -2.39% | -3.80% | 2.13% |
| % Long | % Short | % Net Assets | |
| Stock | 18.50% | 0.00% | 18.50% |
| Bond | 63.94% | 0.00% | 63.94% |
| Cash | 46.21% | 41.15% | 5.06% |
| Other | 12.50% | 0.00% | 12.50% |
| Risk Measurement | 1 Year | 3 Years | 5 Years |
| Standard Deviation | 5.87 | 4.33 | 5.49 |
| Sharpe Ratio | 0.67 | 0.74 | 0.63 |
| Sortino Ratio | 1.18 | 1.32 | 1.06 |
| Positive Months | 7.00 | 20.00 | 33.00 |
| Negative Months | 5.00 | 16.00 | 27.00 |
| Worst Month | -2.14 | -2.14 | -2.95 |
| Region | % |
| Eurozone | 12.37 |
| Europe - ex Euro | 4.02 |
| United Kingdom | 1.07 |
| United States | 1.04 |
| Sector | % of Equity |
| Financial Services | 3.59 |
| Energy | 2.77 |
| Healthcare | 2.56 |
| Industrials | 2.14 |
| Communication Services | 1.85 |
| Consumer Defensive | 1.83 |
| Basic Materials | 1.61 |
| Technology | 1.06 |
| Consumer Cyclical | 1.02 |
| Real Estate | 0.06 |
| Holding | Sector | Country | % of Assets |
| Invesco STIC Euro Liquidity Agcy Acc | Ireland | 2.87 | |
| UniCredit S.p.A. 5.38% | Italy | 1.09 | |
| Sanofi SA | Healthcare | France | 0.98 |
| Roche Holding AG Dividend Right Cert. | Healthcare | Switzerland | 0.89 |
| United States Treasury Bonds 2.5% 15/02/2046 | United States | 0.88 | |
| Total SA | Energy | France | 0.76 |
| Banco Santander, S.A. 4.75% | Spain | 0.76 | |
| Orange SA | Communication Services | France | 0.74 |
| Siemens AG | Industrials | Germany | 0.73 |
| Novartis AG | Healthcare | Switzerland | 0.69 |
| Ranking | 1 Year | 2 Years | 3 Years | 5 Years |
| Top 25% | ||||
| Category above the average | ||||
| Category below the average | ||||
| Bottom 25% |
Large | Size | |||
Mid | ||||
Small | ||||
Value | Blend | Growth | ||
Style | ||||
Large | Interest Rate Sensitivity | |||
Mid | ||||
Small | ||||
Value | Blend | Growth | ||
Credit Quality | ||||