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 30/11/2020 | 23.34 |
| Morningstar category | EUR Cautious Allocation |
| Currency | EUR |
| Distribution status | Accumulating |
| ISIN | LU0243957239 |
| Inception Date | 31/03/2006 |
| Minimum initial amount | 100.00 EUR |
| Entry fee | None |
| Custody fee | None |
| Exit fee | None |
| Ongoing charge | 1.61% of which 0.63% is paid 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) | 7,749.14 EUR (31/10/2020) |
| UCITS | Yes |
| Administrator | Bank of New York Mellon S.A./N.V. |
Documents
| en 12/11/2020 |
| en 12/11/2020 |
| en 29/02/2020 |
| en 31/08/2020 |
| 30/11/2020 |
Performance
| Period | Annualised return | Date |
| 1 year | 1.83% | 30/11/2020 |
| 3 years | 1.99% | 30/11/2020 |
| 5 years | 3.09% | 30/11/2020 |
| 10 years | 6.31% | 30/11/2020 |
| Since launch | 5.95% | 30/11/2020 |
| Performance | |
| YTD 01/01/2020 | 1.43 |
| 1 month | 5.47 |
| 3 months | 3.60 |
| 6 months | 8.41 |
| Q 1 | Q 2 | Q 3 | Q 4 | |
| 2020 | -13.56% | 10.36% | 1.78% | - |
| 2019 | 5.56% | 2.22% | 2.08% | 1.95% |
| 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% |
| % Long | % Short | % Net Assets | |
| Stock | 17.14% | 0.00% | 17.14% |
| Bond | 62.96% | 0.01% | 62.95% |
| Cash | 40.97% | 37.23% | 3.74% |
| Other | 16.17% | 0.00% | 16.17% |
| Risk Measurement | 1 Year | 3 Years | 5 Years |
| Standard Deviation | 14.32 | 8.86 | 7.63 |
| Sharpe Ratio | -0.07 | 0.10 | 0.36 |
| Sortino Ratio | -0.08 | 0.13 | 0.47 |
| Positive Months | 7.00 | 20.00 | 35.00 |
| Negative Months | 4.00 | 15.00 | 24.00 |
| Worst Month | -11.52 | -11.52 | -11.52 |
| Region | % |
| Eurozone | 12.17 |
| Europe - ex Euro | 4.62 |
| United States | 0.35 |
| Sector | % of Equity |
| Healthcare | 2.90 |
| Industrials | 2.82 |
| Financial Services | 2.47 |
| Consumer Defensive | 2.32 |
| Communication Services | 1.60 |
| Basic Materials | 1.38 |
| Utilities | 1.32 |
| Technology | 0.94 |
| Energy | 0.86 |
| Consumer Cyclical | 0.52 |
| Holding | Sector | Country | % of Assets |
| Invesco Euro Liquidity Port Agcy Acc | Ireland | 2.72 | |
| Germany (Federal Republic Of) 0% 11/03/2022 | Germany | 1.30 | |
| UniCredit S.p.A. 5.38% | Italy | 1.21 | |
| Sanofi SA | Healthcare | France | 1.00 |
| United States Treasury Bonds 2.5% 15/02/2046 | United States | 0.93 | |
| Banco Santander, S.A. 4.75% | Spain | 0.86 | |
| Novartis AG | Healthcare | Switzerland | 0.86 |
| Roche Holding AG Dividend Right Cert. | Healthcare | Switzerland | 0.76 |
| Telecom Italia S.p.A. 1.12% 26/03/2022 | Italy | 0.74 | |
| Intesa Sanpaolo S.p.A. 14/07/2022 | Italy | 0.68 |
| 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 | ||||
