Quick Stats

Bid Price - Offer Price -
Mid Price GBX 227.58 Day Change GBX -0.06 (-0.03%)
Price Date 22 Aug 2017 Crown Rating 3
Shares Class Inc. Yield 1.56 %
Total Expense Ratio 0.00 Fund Size 11,022,446,015.57
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 GB00BJ04HL49 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 Millar 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, David joined Standard Life Investments as Investment Director in its Multi-asset investment team. David was one of the fund managers within its Global Absolute Return investment team and was chair of its 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 Batty joined the company in March 2013, and serves as a fund manager within the Multi Asset team. Previously, Richard had worked at Standard Life Investments since 2003 where he was the Global Investment Strategist in its 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, Richard began his investment career at James Capel/HSBC as an equity strategist in 1995. During this part of his career, he became a highly-rated, senior member of its industry renowned Economics and Strategy group. In 1994, Richard 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 Jubb joined the company in March 2013, and serves as a fund manager within the Multi Asset team. Prior to this, Dave worked at Standard Life Investments where he was an Investment Director within its 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.