INVESCO PERPETUAL Latin American Accumulation Units
HL comment
Our view on this Fund
Latin America suffered badly in recent turmoil, as reflected in this fund. Expect more volatility.
13-11-2008
Information from the fund manager
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown.
HL group comment: INVESCO PERPETUAL
Our view on this Fund Management Group as a whole
The company was formed by the merger of Invesco and Perpetual in December 2000 following the acquisition of the two companies by Amvescap. In the UK alone the group manages over 40 funds, and with £29.2 billion worth of funds under management this makes them one of the largest unit trust companies in the UK. The group trades as Amvescap outside the UK and has a web of world-wide offices in over 30 countries which few investment groups can match. This is a group that has excelled in managing UK equities and we expect the performance to continue.
09-10-2008
HL sector comment: Specialist
Our view on this sector
There is a wide range of funds in this sector with a mix of property, financials, agriculture and single country funds to name a few. The specialist sector has been hit hard in performance terms in recent months as both financials and commodity prices have fallen heavily. There are many quality funds in this sector, therefore investors need to look through the short term performance numbers. Specialist funds tend to be more volatile than broader based funds.
20-11-2008