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Invesco Perpetual Glbl Financial Cap Acc

Ranked 12 out of 118 in - Global 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.

Julien Eberhardt

Julien Eberhardt is a credit analyst and fixed interest deputy fund manager at Invesco Perpetual based in Henley-on-Thames since 2008. He manages the Invesco Perpetual Global Financial Capital Fund dealing in bonds, using active, pragmatic and flexible strategies. Before joining Invesco, he was a credit analyst at Moodys from 2005. Julien is a CFA Charterholder and graduated from the University of Montpellier with an MA in Finance.

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 billions of pounds 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 capital instruments issued by banks and financial institutions globally. Capital instruments include debt securities (including sub-investment grade and unrated bonds), equity and equity related securities. The Fund may also invest in cash, cash equivalents, money market instruments, collective investment schemes, government debt securities and other transferable securities.

Performance

Global over : 31/05/2014 - 31/05/2015
  • Rank 12/118 Total Return
  • Rank 59/118 Standard Deviation
  • Rank 15/118 Max Drawdown
Fund Name Return
10 Ruffer Sicav-Ruffer Fixed Income-C-GBP-Dist

7.8%

11 Marlborough Global Bond Inc

6.8%

12 Invesco Perpetual Glbl Financial Cap Acc

6.7%

13 SEI SGMF Global Fixed Income Hdgd GBP Inst H

Currency exposure is hedged

Currency exposure is hedged

6.7%

14 PIMCO GIS Global Bond Inst GBP Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

6.7%

Fund Name Risk
57 Goldman Sachs Glo Strat Inc Bond Pf P GBP-H

Currency exposure is hedged

Currency exposure is hedged

1.0

58 Legg Mason Global Multi Strategy Bond A Inc

Currency exposure is hedged

Currency exposure is hedged

1.0

59 Invesco Perpetual Glbl Financial Cap Acc

1.0

60 PIMCO GIS Global Advantage Inst GBP (Prt Hdg)

Currency exposure is hedged

Currency exposure is hedged

1.1

60 Amundi Fds Bond Global Aggregate - RHG (C)

Currency exposure is hedged

Currency exposure is hedged

1.1

Fund Name Loss
13 Goldman Sachs Glo FI Plus Pf (Hdg) P GBP-H

Currency exposure is hedged

Currency exposure is hedged

-0.5%

14 FP Octopus Fixed Income B Acc

-0.6%

15 Invesco Perpetual Glbl Financial Cap Acc

-0.6%

16 Edmond de Rothschild Signatures Financial Bonds LH

Currency exposure is hedged

Currency exposure is hedged

-0.7%

17 Goldman Sachs Glo Fix Inc Pf (Hdg) P GBP-H

Currency exposure is hedged

Currency exposure is hedged

-0.7%

Total Return

Quarterly Performance

to 31/03/2015 Annual Q1 Q2 Q3 Q4
2015 3.4%
2014 6.8% 2.7% 2.6% -0.5% 1.9%
2013 17.6% 5.7% -0.1% 6.3% 4.8%
2012 -2.2% 12.5% 10.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date25/01/2012
  • Share Class size125Mn
  • Base currencyGBP
  • ISIN GB00B42XRV41

Purchase Info

  • Min. initial investment500
  • Min. additional investment20

Charges

  • Initial investment5

Related News

Causer and Read get financials fund co-manager

Invesco Perpetual has promoted Julien Eberhardt to deputy manager of its star Global Financial Capital fund.

Paul Causer: the best value and biggest risks in fixed income

The focus may be on unsustainably low sovereign debt yields, but Invesco Perpetual’s co-head of fixed interest Paul Causer has warned that high yield is overvalued and investors in ‘cocos’ are at significant risk of losing capital.

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