Quick Stats

Bid Price - Offer Price -
Mid Price GBX 229.97 Day Change GBX -0.32 (-0.14%)
Price Date 19 Jul 2017 Crown Rating
Shares Class Inc. Yield 1.75 %
Total Expense Ratio 0.00 Fund Size 0.00
Launch Date 28/07/2016 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 0.00
ISIN GB00BZ8GX492 Min TopUp (£) 100.00

Fund Objective

The Invesco Perpetual US Enhanced Index Fund aims to achieve long term capital growth and outperform the S&P500 Index (net total return) (the “Index”) by investing primarily in a portfolio of investments in US companies. The fund aims to outperform the Index net of fees over a full market cycle (typically 5-10 years). There is no guarantee that the fund will achieve its target and an investor may not get back the full amount invested. The fund seeks to achieve its objective following a systematic investment process, with a high correlation to the Index. The fund uses a range of factors to evaluate the relative attractiveness of a stock together with an assessment of risk, to build a portfolio that shares the broad characteristics of the Index. The fund is actively managed and will not replicate the Index in its entirety. The fund will primarily invest in equities, and may also invest in cash, cash equivalents, money market instruments, warrants, collective investment schemes and other transferable securities. The fund may enter into financial derivative instruments for efficient portfolio management purposes only.

Fund Managers

Michael Fraikin
Based in Frankfurt, Michael is Head of the Portfolio Management Team and is responsible for business development, risk control and investment communication. He started his investment career in 1991 as an investment analyst with Commerzbank and was then promoted to deputy head of quantitative research. He joined our company in 1997 initially as a Portfolio Manager for European Equities, then as Head of European Equities in 2000 before finally becoming Head of the Portfolio Management Team. He holds a M.S. Accounting & Finance from the London School of Economics, and a BA (Hons) through the Combined European Study Programme from the University of Reutlingen and Middlesex University, London.
Glen Murphy
Based in Boston, Glen is Head of the Portfolio Management Team and is responsible for business development, risk control and investment communication. He started his investment career in 1996 at The Boston Company. He joined our company in 1995 as a portfolio administrator and was then promoted to Head of Portfolio Management Team in 1998. He holds a BA from the University of Massachusetts at Amherst and an M.S. in Finance from Boston College. Glen holds the Chartered Financial Analyst® (CFA®) designation and is a member of the Boston Security Analysts Society. He is also registered with the National Futures Association (NFA) as an Associated Person of Invesco and as a Branch Manager.