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 |
| Fund size | £9,461 million |
| Number of holdings | 94 |
| 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
Little has changed in terms of Neil Woodford's view on the UK economy - he remains cautious. The fund is therefore positioned in businesses that can grow despite difficult economic conditions. This includes significant holdings in pharmaceutical, tobacco, utility and aerospace companies as he believes these are attractively valued and have the strongest prospects for dividend growth. We have been pleased to see a recent upturn in performance.
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 | 3.96% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. Information as at 31-05-2010.
Distribution dates
| Ex-dividend date | 01 January 2010 |
|---|---|
| Payment date ³ | 28 February 2010 |
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Top 10 holdings
| AstraZeneca | 9.90% |
|---|---|
| GlaxoSmithKline | 7.29% |
| Reynolds American | 6.40% |
| British American Tobacco | 5.83% |
| National Grid | 5.08% |
| Vodafone Group | 5.04% |
| BG Group | 4.84% |
| BT Group | 4.57% |
| Tesco | 4.29% |
| Imperial Tobacco Group | 3.72% |
Top 10 sectors
| Tobacco | 18.99% |
|---|---|
| Pharmaceuticals & Biotechnology | 18.32% |
| Gas, Water & Multiutilities | 11.90% |
| Aerospace & Defence | 5.78% |
| Food & Drug Retailers | 5.54% |
| Electricity | 5.22% |
| Mobile Telecommunications | 5.04% |
| Oil & Gas Producers | 4.91% |
| Fixed Line Telecommunications | 4.79% |
| Support Services | 3.57% |
Top 10 countries
| United Kingdom | 87.59% |
|---|---|
| United States | 9.44% |
| Non-Classified | 2.86% |
| Switzerland | 0.48% |
| Cash and Equiv. | -0.37% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
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.
Prices as at 02-09-2010. Data as at 31/07/2010.
