Invesco Perpetual Tactical Bond X I
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 216.56||Day Change||GBX +0.18 (0.08%)|
|Price Date||16 Jan 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.84 %|
|Total Expense Ratio||0.00||Fund Size||508,596,548.25|
|Launch Date||01/02/2010||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BJ04K935||Min TopUp (£)||250,000.00|
The Invesco Perpetual Tactical Bond Fund aims to achieve a high level of return through a combination of income and capital growth over the medium to long term. This will be achieved through a flexible allocation to corporate and government debt securities (which may be unrated or sub-investment grade), transferable securities, collective investment schemes, financial derivative instruments and cash. Financial derivative instruments can be used for investment purposes and for efficient portfolio management. Derivatives may be used to achieve both long and short exposure to credit, interest rates and currencies globally. Depending on market conditions the Fund may invest up to 100% of its net assets in cash, cash equivalents, short term debt securities and money market instruments.
Based in Henley-on-Thames, Paul co-leads Invesco Perpetual’s Fixed Interest team with Paul Causer, managing a number of government, corporate and non- investment grade portfolios across the maturity spectrum. Paul began his investment career with UBS (Securities) Ltd in 1986, and then moved to Merrill Lynch International in 1988. Paul initially worked on the bond sales desk, covering institutional investment managers at Merrill Lynch, before moving on to debt trading and working as a director of fixed interest trading in Tokyo from 1991 and in Paris from 1993 before joining our company in 1995. He holds a BA in Economics and History from the University of Toronto and also has an MBA from INSEAD.