Quick Stats

Bid Price - Offer Price -
Mid Price GBX 120.03 Day Change GBX 0.00 (0.00%)
Price Date 21 Sep 2017 Crown Rating 3
Shares Class Inc. Yield 1.38 %
Total Expense Ratio 0.00 Fund Size 11,297,174,299.17
Launch Date 09/09/2013 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 0.00
ISIN GB00B8CHD050 Min TopUp (£) 100.00

Fund Objective

The Invesco Perpetual Global Targeted Returns Fund aims to achieve a positive total return in all market conditions over a rolling three-year period. The fund targets a gross return of 5% per annum above UK 3-month LIBOR and aims to achieve this with less than half the volatility of global equities, over the same rolling three-year period. There is no guarantee that the fund will achieve a positive return or its target and an investor may not get back the full amount invested.

Fund Managers

David Millar
Based in Henley-on Thames, David joined the company in January 2013 and heads the Multi Asset team. After commencing his investment career with Scottish Widows in 1989, where he qualified as an actuary, David joined the Fixed Interest team at Scottish Widows Investment Partnership in 1996, becoming Head of Bond Strategy and chair of their Bond Policy Group. In 2008, he joined Standard Life Investments as Investment Director in their Multi-asset investment team. He was one of the fund managers on their Global Absolute Return strategy and was chair of their Bond Investment Group. David holds a BSc (Hons) in Mathematical Statistics from the University of Cape Town and is a Fellow of the Institute and Faculty of Actuaries.
Richard Batty
Based in Henley-on Thames, Richard joined the company in March 2013, and serves as a fund manager within the Multi Asset team. Previously, he had worked at Standard Life Investments since 2003 where he was the Global Investment Strategist in their Strategy team which is now part of Standard Life’s Multi Asset investment team, gaining additional responsibilities for Global Tactical Asset Allocation in 2012. Prior to joining Standard Life Investments, he began his investment career at James Capel/HSBC as an equity strategist in 1995. During this part of his career, Richard became a highly-rated, senior member of its industry renowned Economics and Strategy group. In 1994, he was awarded a PhD in Financial Economics from Brunel University, where he was a part-time research assistant and taught both graduate and undergraduate students.
Dave Jubb
Based in Henley-on Thames, Dave joined the company in March 2013, and serves as a fund manager within the Multi Asset team. Prior to this, he worked at Standard Life Investments where he was an Investment Director within their Multi Asset investment team, and was one of the fund managers within the firm’s Global Absolute Return investment team. Dave joined Standard Life Group in 1982 as a computer programmer and after a period in the Actuarial Department of Standard Life Canada he joined Standard Life Investments where he held a position as a fixed income fund manager and strategist before joining their Multi Asset investment team in 2006. Dave graduated from St Andrews University in 1982 with a BSc (Hons) in Mathematics and is a Fellow of the Institute and Faculty of Actuaries.