Citywire for Financial Professionals

Citywire Selection


Invesco Perpetual Monthly Income Plus

Citywire Selection Verdict: This fund usually has around 80% allocated to bonds and nearly 20% exposure to equities.

Experienced duo Paul Read and Paul Causer are responsible for the bond element while the equity portion is run by Ciaran Mallon, who replaced Neil Woodford on this part of the fund in late 2013.The bond side is relatively defensive with holdings in short dated bonds and a low sensitivity to potential interest rate changes. Opportunities are still being found however in the financial sector and peripheral European government bonds which have rallied strongly.

The equity position gives exposure to solid blue chip equities such as Imperial Tobacco and Next, which help the fund to provide a yield of 4.5%.

For more details view the latest factsheet.


Denotes a Star Pick, selected by Jon Miller - Head of research at Citywire

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