Invesco Perpetual High Income Income Units 
Also available as accumulation units
Overview
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Performance charges | No |
| Total Expense Ratio | 1.68% |
| Launch date | 06-02-1988 |
| Launch price | £1.00 |
| Sector | UK Equity Income & Growth |
| Fund size | £9,244 million |
| Number of holdings | 102 |
| Fund type | ICVC |
| Type of units | Income |
Please read the Simplified Prospectus in addition to the information above.
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
There has been no change to the fund's strategy and Neil Woodford remains bearish on the UK economy. He is, however, extremely positive in his outlook for this fund. The companies in the fund are well placed to perform in a difficult economic environment, and he believes they are also amongst the most attractively valued stocks in the market at present. These include companies in the pharmaceutical, tobacco, utility and telecommunications sectors.
Full research
About the Fund Manager
Neil Woodford
Located in: Henley
Neil joined Invesco Perpetual (formerly Perpetual) in 1988 as a fund manager in the UK Equities team and is now Head of Investment. Neil has worked in both corporate finance and fund management, commencing his investment career in 1981 with Dominion Insurance Company and subsequently joining Eagle Star as a fund manager in 1987. He holds a BA, Economics and Agricultural Economics from Exeter University. He later studied Finance at the London Business School.
Income details
| Historic yield | 3.86% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 31-01-2010.
Distribution dates
| Ex-dividend date | 01 January 2010 |
|---|---|
| Payment date ³ | 28 February 2010 |
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Top 10 holdings
| AstraZeneca | 7.95% |
|---|---|
| GlaxoSmithKline | 7.54% |
| Reynolds American | 5.93% |
| BG Group | 5.85% |
| British American Tobacco | 5.62% |
| Tesco | 4.82% |
| Vodafone Group | 4.71% |
| National Grid | 4.36% |
| Imperial Tobacco Group | 4.17% |
| BT Group | 3.97% |
Top 10 sectors
| Tobacco | 18.45% |
|---|---|
| Pharmaceuticals & Biotechnology | 16.04% |
| Gas, Water & Multiutilities | 10.23% |
| Electricity | 6.99% |
| Aerospace & Defence | 5.99% |
| Oil & Gas Producers | 5.93% |
| Food & Drug Retailers | 5.83% |
| Mobile Telecommunications | 4.71% |
| Support Services | 4.44% |
| Fixed Line Telecommunications | 4.16% |
Top 10 countries
| United Kingdom | 87.17% |
|---|---|
| United States | 8.67% |
| Non-Classified | 3.26% |
| France | 1.61% |
| Denmark | 0.00% |
| Cash and Equiv. | -0.71% |
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 09-03-2010. Data accurate as at 31/01/2010.
