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Invesco Perpetual Corporate Bond

Ranked 88 out of 107 in - Sterling Corporate Bond over 12 months
All calculations are in GBP

Managed by

Paul Causer

Paul Causer has clocked up more than 20 years' fund management experience. He started out as a research and credit analyst with Japanese bank Asahi Bank and moved on to the group's treasury department before he was given responsibility for the bank's multi-currency investment portfolio. Along with his co-manager Paul Read, Causer signed a new contract with Invesco Perpetual in 2002 after turning down an approach from New Star. The 'two Ps' also co-manage the Invesco Global Bond fund, and the Invesco Leveraged High Yield investment trust. In January 2004 they began co-managing the newly launched Invesco Perpetual Distribution fund alongside colleague Neil Woodford.

Michael Matthews

Based in Henley-on-Thames, Michael began his investment career in 1995, joining the co-heads of Invesco Perpetual’s fixed interest team, Paul Read and Paul Causer, upon the team’s foundation. He initially specialised in the team’s money and foreign exchange market activities before predominantly focusing on government and investment grade credit markets. Michael is now responsible for the management of a number of government and corporate investment grade portfolios at Invesco Perpetual. He has passed the associate examinations of the Association for Investment Management and Research (AIMR).

Paul Read

Although Paul Read cites Neil Woodford as the investor he admires most, he has tremendous respect for Paul Causer, the man with whom he has established a highly successful partnership during the past seven years at Invesco Perpetual. The pair head fixed interest retail investment at the group and jointly oversee about £1 billion in a diverse range of unit trusts, pension funds, offshore funds and investment trusts. Within this range is their key portfolio, the Invesco Perpetual Corporate Bond fund, which they have managed since July 1995. Born in November 1961, Read graduated in Economics and History from the University of Toronto.

Objective

The fund aims to achieve a combination of income and capital growth over the medium to long term. The Fund seeks to achieve its objective by investing primarily in investment grade corporate debt securities. The Fund may also invest in government, unrated and sub-investment grade debt securities, cash, cash equivalents, money market instruments, collective investment schemes, currencies and other transferable securities.

Performance

Sterling Corporate Bond over : 31/10/2013 - 31/10/2014

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 4.6% 2.0% 2.1% 0.3% 0.2%
2013 4.9% 1.6% -0.5% 2.1% 1.7%
2012 20.7% 7.2% -0.3% 7.3% 5.2%
2011 -0.6% 3.0% 1.2% -6.8% 2.3%
2010 8.1% 4.6% -0.5% 6.2% -2.2%
2009 24.5% -3.2% 12.5% 11.4% 2.7%
2008 -7.5% -2.5% 0.3% -6.1% 0.7%
2007 2.7% -0.2% -1.5% 2.1% 2.4%
2006 2.4% -0.7% -0.6% 3.1% 0.6%
2005 6.9% 0.3% 3.7% 1.5% 1.3%
2004 6.5% 0.7% -0.6% 3.0% 3.2%
2003 13.3% 1.6% 6.7% 2.0% 2.5%
2002 8.0% -0.3% 1.0% 3.2% 3.9%
2001 7.2% 1.9% 0.1% 0.8% 4.3%
2000 8.8% 2.0% 1.1% 1.7% 3.8%
1999 4.3% 2.4% 0.0% -1.3% 3.2%
1998 13.0% 4.5% 1.9% -1.1% 7.3%
1997 17.9% 2.4% 6.4% 4.6% 3.5%
1996 10.7% -2.3% 2.9% 3.5% 6.5%
1995 5.1% 0.0% 5.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date24/07/1995
  • Share Class size5,494Mn
  • Base currencyGBP
  • ISIN GB0033028779

Purchase Info

  • Min. initial investment500
  • Min. additional investment20

Charges

  • Initial investment5

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).