INVESCO PERPETUAL European High Yield Income Units
Also available as accumulation units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.25% |
| Annual saving | 0.125% ² |
| Total Expense Ratio | 1.48% |
| Launch date | 14-05-1999 |
| Launch price | £1.00 |
| Sector | Global Bonds |
| Fund size | £48 million |
| Number of holdings | 129 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Mostly holds higher risk, higher yielding bonds. Managers outlook more positive than in a long time.Full research
About the Fund Manager
Paul Read
Located in: Henley
Paul joined Invesco Perpetual (formerly Perpetual) in 1995 and co-leads the Fixed Interest team with Paul Causer. Paul began his career with UBS (Securities) Ltd in 1984, and then moved to Merrill Lynch International in 1986. Paul initially worked on the bond sales desk, covering institutional investment managers at Merrill, before moving on to debt trading and working as a director of fixed interest trading in Tokyo from 1991 and in Paris from 1993. He holds a BA, Economics and History from the University of Toronto and also has an MBA from INSEAD.
Income details
| Distribution yield | 8.16% |
|---|---|
| Underlying yield | 8.16% |
| Income paid | Quarterly |
| Type of payment | Interest |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 February 2008 |
|---|---|
| Payment date ³ | 31 March 2008 |
1 of 4 
Top 10 holdings
| TELECOM ITALIA SPA 5.250 MAR 17 55 | 3.46% |
|---|---|
| GEN MOTORS CORP 8.375 JUL 05 33 | 2.68% |
| INEOS GROUP HLDGS 7.875 FEB 15 16 REG | 2.49% |
| NTL CABLE PLC 9.750 APR 15 14 | 1.94% |
| NXP BV FLTG OCT 15 13 | 1.88% |
| FCE BANK 7.875 FEB 15 11 | 1.81% |
| TEREOS EUROPE S.A. 6.375 APR 15 14 REG | 1.78% |
| REXAM FLTG 6.750 JUN 29 67 | 1.77% |
| FMG FINANCE PTY 9.750 SEP 01 13 REG | 1.76% |
| WIND ACQUISITION F 9.750 DEC 01 15 REG | 1.66% |
Top 10 sectors
| Bonds | 94.07% |
|---|---|
| Non-Classified | 3.00% |
| Cash and Equiv. | 1.95% |
| Equity Investment Instruments | 0.68% |
| Food Producers | 0.30% |
Top 10 countries
| United Kingdom | 24.46% |
|---|---|
| United States | 16.63% |
| Netherlands | 13.39% |
| Non-Classified | 7.93% |
| Luxembourg | 6.64% |
| France | 6.17% |
| Germany | 5.33% |
| Italy | 4.13% |
| Sweden | 2.43% |
| South Africa | 1.95% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-08-2008. Data accurate as at 30/06/2008.
