Invesco Perpetual 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 | 16-06-1979 |
| Launch price | £1.00 |
| Sector | UK Equity Income & Growth |
| Fund size | £7,183 million |
| Number of holdings | 112 |
| 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
Neil Woodford might be bearish on the outlook for the UK economy, but he is optimistic about the prospects for this fund. It is heavily biased towards businesses he believes can continue to grow earnings and dividends even in difficult economic conditions. These include the pharmaceuticals, tobacco, utility and telecommunications sectors. He continues to avoid the banks, and is also cautious on the mining sector believing it to be overvalued.
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 April 2010 |
|---|---|
| Payment date ³ | 31 May 2010 |
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Top 10 holdings
| AstraZeneca | 8.14% |
|---|---|
| GlaxoSmithKline | 8.03% |
| Vodafone Group | 5.62% |
| BG Group | 5.45% |
| Reynolds American | 5.40% |
| British American Tobacco | 4.75% |
| Tesco | 4.65% |
| National Grid | 4.43% |
| Imperial Tobacco Group | 3.99% |
| BT Group | 3.69% |
Top 10 sectors
| Pharmaceuticals & Biotechnology | 17.29% |
|---|---|
| Tobacco | 16.63% |
| Gas, Water & Multiutilities | 9.99% |
| Electricity | 6.68% |
| Aerospace & Defence | 6.08% |
| Oil & Gas Producers | 5.98% |
| Mobile Telecommunications | 5.62% |
| Food & Drug Retailers | 5.20% |
| Support Services | 4.23% |
| Fixed Line Telecommunications | 3.89% |
Top 10 countries
| United Kingdom | 85.54% |
|---|---|
| United States | 7.89% |
| Non-Classified | 3.61% |
| France | 1.69% |
| Cash and Equiv. | 0.70% |
| Switzerland | 0.50% |
| Finland | 0.07% |
| Denmark | 0.00% |
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 16-03-2010. Data accurate as at 31/01/2010.
