Invesco UK Investment Grade Bond Fund A Dis GBP

景順英國高質債券基金 A類 Dis 英鎊

LU0267985660

Risk Rating: Level 3

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

0.63%

HKD10,000.00Min. Subscription

HKD / JPY / EUR / GBP / USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD15,000.00

Daily

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-0.94%
3 mth
-0.83%
6 mth
+4.83%
1 yr
+9.93%
3 yr
+12.40%
5 yr
+26.89%

Analytical Figures (3 years)

Annualized Return
+3.97%
Annualized Volatility
+4.81%
Sharpe Ratio
+0.68

Fund Information

Fund Houses
Invesco Hong Kong Ltd (Offshore Fund Series)
Launch Date
2006-12-10
Fund Manager
Luke Greenwood
Lyndon Man
Manager Start Date
2013-8-31
2013-8-31
Geographical Focus
UK
Asset Class/ Sector
Fixed Income - Investment grade
Risk Rating
Risk Level 3

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-10-30)
USD 87,495,578.42
Management Fee
0.63%
Latest Dividend
GBP 0.004700 (2019-09-01)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

0.63%

HKD10,000.00Min. Subscription

HKD / JPY / EUR / GBP / USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD15,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (GBP)
2019-09-010.004700
2019-06-020.005100
2019-02-280.005400
2018-12-020.005500
2018-09-020.006100
2018-05-310.006000
2018-02-280.005800
2017-11-300.005500
2017-08-310.005400
2017-05-310.004900
2017-02-280.004900
2016-11-300.004900
2016-08-310.005800
2016-08-300.005800
2016-05-310.006000
2016-02-290.006000
2015-11-300.006800
2015-08-310.007000
2015-05-310.006800
2015-03-010.007500
2014-11-300.007400
2014-08-310.007200
2014-06-010.007100
2014-03-020.006600
2013-12-010.006200
2013-09-010.006000
2013-06-020.005700
2013-02-280.006800
2012-12-020.007100
2012-09-020.007200
2012-05-310.007600
2012-02-290.007200
2011-11-300.007800
2011-08-310.008500
2011-05-310.008200
2011-02-280.007800
2010-11-300.008000
2010-08-310.007400
2010-05-310.008600
2010-02-280.009600
2009-11-300.008400
2009-08-310.008500
2009-08-300.008500
2009-06-010.008000
2009-05-280.008000
2009-03-010.010000
2008-11-300.010000
2008-08-310.012000
2008-08-280.012000
2008-06-010.012000
2008-05-290.012000
2008-03-020.012000
2008-02-280.012000
2007-12-020.012000
2007-11-290.012000
2007-09-020.012000
2007-08-300.012000
2007-05-310.012000
2007-05-300.012000
2007-02-280.012000
2007-02-270.012000
2006-11-300.012000
2006-08-310.012000
2006-05-310.012000
2006-02-280.012000
2005-11-300.012000
2005-08-310.012000
2005-05-310.012000
2005-02-280.012000
2004-11-300.012000
2004-08-310.015000
2004-05-310.015000
2004-03-020.015000
2003-11-300.015000
2003-08-310.015000
2003-06-010.015000
2003-03-020.015000
2002-12-010.015000
2002-09-010.015000
2002-06-020.015000
2002-02-280.015000
2001-12-020.015000
2001-09-020.015000
2001-05-310.015000
2001-02-280.015000
2000-11-300.015000
2000-08-310.015000
2000-06-010.016000
2000-02-290.016000
1999-11-300.017000
1999-08-310.017000
1999-06-010.017000
1999-02-280.018000
1998-11-300.018000
1998-08-310.018000
1998-06-010.018000
1998-03-010.019000
1997-11-300.019000
1997-08-310.019000
1997-06-010.019000
1997-03-020.019000
1996-12-020.020000
1996-09-020.020000
1996-06-020.020000
1996-02-290.020000
1995-11-300.020000
1995-08-310.020000
1995-05-310.020000
1995-02-280.020000
1994-11-300.020000
1994-08-310.020300
1994-06-010.021000
1994-02-280.021600
1993-11-300.022500
1993-08-310.023500
1993-06-010.023400
1993-02-280.024900
1992-11-300.025800
1992-08-310.025800
1992-05-310.026800
1992-03-020.027500
1991-12-010.027000
1991-09-020.023000
1991-06-020.024000
1991-02-270.031000
1990-12-020.036500

Investment Objective

The primary objective of the Fund is to provide investors with Sterling income from a managed portfolio of the United Kingdom and international fixed income and money market securities.
The Fund will invest primarily (at least 70% of the net asset value of the Fund) in Sterling bonds and money market instruments of investment grade quality. The proportion invested in fixed interest securities and money market instruments will vary as circumstances dictate. Non-Sterling securities may also be included in the portfolio but such securities may be protected in Sterling terms by hedging techniques. The Fund may also invest in equity convertible bonds up to a maximum of 20% of the Fund's net asset value.

Nature and Extent of Risks

Investment involves risks. Please refer to the Prospectus for details including the risks factors.
1. General investment risk
There can be no assurance that the Fund will achieve its investment objective. The instruments invested by the Fund may fall in value due to any of the key risk factors below and therefore your investment in the Fund may suffer losses. There is no guarantee of the repayment of principal.
2. Currency exchange risk
The Fund’s assets may be invested in securities denominated in currencies other than the base currency of the Fund. Also, a class of shares may be designated in a currency other than the base currency of the Fund. The net asset value of the Fund may be affected unfavorably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.
3. Volatility risk
Investors should note that volatility in the Fund's investment portfolio may result in large fluctuations in the net asset value of the Fund which may adversely affect the net asset value per share of the Fund and investors may as a result suffer losses.
4. Credit risk
- Investment in bonds, debt or other fixed income securities (including corporate and sovereign bonds) are subject to the risk that issuers do not make payments on interest and principal of such securities. An issuer suffering from an adverse change in its financial condition could lower the quality of a security leading to greater price volatility on that security.
- Securities which were investment grade at the time of acquisition may be downgraded. The risk of any such downgrading will vary over time. The Fund’s investment policy does not specifically require the Fund to sell such securities if they should fall below investment grade. Besides, the Investment Manager and/or Investment SubManager (if applicable) may not be able to dispose of the debt instruments that are being downgraded. Investments in below investment grade securities carry a higher risk of default and therefore may adversely impact the Fund and/or the interests of investors.
5. Risk of investing in perpetual bonds
The Fund is permitted to invest in perpetual bonds. Perpetual bonds (bondswithout a maturity date) may be exposed to additional liquidity risk in certain market conditions. The liquidity forsuch investments in stressed market environments may be limited, negatively impacting the price they may be sold at, which in turn may negatively impact the Fund’s performance.
6. Interest rate risk
The bonds or fixed income securities that the Fund invests in may fall in value if the interest rates change and this will adversely impact the net asset value of the Fund. In general, the prices of debt securities rise when interest rates fall, whilst their prices fall when interest rates rise. Longer term debt securities are usually more sensitive to interest rate changes.
7. Liquidity risk
The Fund may be adversely affected by a decrease in market liquidity for the securities in which it invests where some of the Fund’s securities may become illiquid and the Fund may experience difficulties in selling securities at a fair price within a timely manner.
8. Credit rating risk
Credit ratings assigned by rating agencies are subject to limitations and do not guarantee the creditworthiness of the security and/or issuer at all times.
9. Concentration risk
As the Fund will invest primarily in Sterling bonds, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.
10. Risk of investing in financial derivative instruments ("FDI") for efficient portfolio management and hedging purposes
Investments of the Fund may be composed of FDI used for efficient portfolio management or to attempt to hedge or reduce the overall risk of its investments. Risks associated with FDI include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a FDI can result in a loss significantly greater than the amount invested in the FDI by the Fund. Exposure to FDI may lead to a high risk of significant loss by the Fund.

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Hotline

852
3896 3896

1501, 15/F, 101 King's Road,
North Point, Hong Kong

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09:00 - 18:00

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