Morningstar Fund Report  | 10/04/2025Print

Invesco European Equity Income Fund (UK) Z (Acc)

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Invesco European Equity Income Fund (UK) Z (Acc)
Fund13.9-0.911.4-3.88.0
+/-Cat-1.57.8-2.1-4.82.8
+/-B’mrk-3.36.5-3.5-5.80.3
 
Category: Europe ex-UK Equity
Category Benchmark: Morningstar DM Eur xUK TME ...
Key Stats
NAV
09/04/2025		 GBX 543.22
Day Change -1.91%
Morningstar Category™ Europe ex-UK Equity
IA (formerly IMA) Sector Europe Excluding UK
ISIN GB00B8N44L32
Fund Size (Mil)
31/03/2025		 GBP 452.42
Share Class Size (Mil)
31/03/2025		 GBP 157.18
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.89%
Investment Objective: Invesco European Equity Income Fund (UK) Z (Acc)
The Fund aims to achieve income and capital growth over the long term (5 years plus). The Fund invests at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in Europe, excluding the UK. In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities (including non European companies), money-market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash.
Returns
Trailing Returns (GBP)09/04/2025
YTD-1.93
3 Years Annualised3.43
5 Years Annualised9.37
10 Years Annualised4.35
12 Month Yield 4.06
Management
Manager Name
Start Date
Oliver Collin
31/12/2019
Steve Smith
31/12/2020
Inception Date
12/11/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA Europe Excluding UK SectorMorningstar DM Eur xUK TME NR EUR
Portfolio Profile for  Invesco European Equity Income Fund (UK) Z (Acc)31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.370.0098.37
Bond0.000.000.00
Property0.000.000.00
Cash0.790.000.79
Other0.840.000.84
Top 5 Regions%
Eurozone89.58
Europe - ex Euro9.92
Asia - Developed0.51
United States0.00
Canada0.00
Top 5 Sectors%
Financial Services22.86
Industrials18.17
Healthcare12.29
Basic Materials7.73
Technology7.48
Top 5 HoldingsSector%
Allianz SEFinancial ServicesFinancial Services4.15
Sanofi SAHealthcareHealthcare3.89
Roche Holding AGHealthcareHealthcare3.83
Intesa SanpaoloFinancial ServicesFinancial Services3.71
E.ON SEUtilitiesUtilities3.43
Increase Decrease New since last portfolio
Invesco European Equity Income Fund (UK) Z (Acc)
Growth Of 1000 (GBP) 31/03/2025
Fund:  Invesco European Equity Income Fund (UK) Z (Acc)
Category:  Europe ex-UK Equity
Category Index:  Morningstar DM Eur xUK TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-11.9610.233.5313.87-0.9211.44-3.798.00
+/- Category-0.21-9.02-5.84-1.547.82-2.08-4.802.76
+/- Category Index---4.37-3.356.55-3.54-5.810.27
% Rank in Category5695827313788816
Trailing Returns (GBP)09/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.91   -0.430.30
1 Week-9.60   -1.17-0.39
1 Month-13.16   -0.37-0.44
3 Months-4.21   2.040.58
6 Months-5.69   1.500.22
YTD-1.93   1.61-0.42
1 Year-5.64   1.74-0.93
3 Years Annualised3.43   -0.33-1.54
5 Years Annualised9.37   0.04-0.41
10 Years Annualised4.35   -1.86-1.96
 
Category: Europe ex-UK Equity
Category Index: Morningstar DM Eur xUK TME NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20258.00---
2024-0.12-0.331.58-4.87
20237.71-1.03-0.384.94
2022-3.66-7.80-2.6114.53
20215.673.842.081.67
2020-23.5020.870.5311.38
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearAverageAverage3 star
10-YearBelow AverageAbove Average2 star
Overall*AverageAverage3 star
 
Category :  Europe ex-UK EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.04 %
3-Yr Mean Return6.74 %
 
3-Yr Sharpe Ratio0.21
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar DM Eur xUK TME NR EUR  Morningstar Dev Europe Val TME NR EUR
3-Yr Beta0.870.97
3-Yr Alpha-1.11-4.28
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 27947-
Market Capitalisation% of Equity
Giant39.20
Large29.17
Medium30.75
Small0.88
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.370.72
Price/Book1.460.64
Price/Sales0.730.44
Price/Cash Flow4.850.43
Dividend-Yield Factor5.131.58
 
Long-Term Projected Earnings Growth8.960.88
Historical Earnings Growth-1.98-0.26
Sales Growth2.680.74
Cash-Flow Growth-8.16-2.65
Book-Value Growth5.741.03
 
Category: Europe ex-UK Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.370.0098.37
Bond0.000.000.00
Property0.000.000.00
Cash0.790.000.79
Other0.840.000.84
World Regions31/03/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America0.00-
United Kingdom0.000.00
Eurozone89.581.33
Europe - ex Euro9.920.34
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.000.00
Asia - Developed0.513369.93
Asia - Emerging0.00-
 
Category: Europe ex-UK Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials7.731.17
Consumer CyclicalConsumer Cyclical2.720.27
Financial ServicesFinancial Services22.861.15
Real EstateReal Estate1.572.05
Consumer DefensiveConsumer Defensive7.301.13
HealthcareHealthcare12.290.86
UtilitiesUtilities6.442.68
Communication ServicesCommunication Services6.131.57
EnergyEnergy7.303.06
IndustrialsIndustrials18.170.87
TechnologyTechnology7.480.62
 
Category: Europe ex-UK Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings49
Total Number of Bond Holdings0
Assets in Top 10 Holdings33.72
NameSectorCountry% of Assets
Allianz SE103Germany4.15
Sanofi SA206France3.89
Roche Holding AG206Switzerland3.83
Intesa Sanpaolo103Italy3.71
E.ON SE207Germany3.43
Carrefour205France2.97
Bawag Group AG Ordinary Shares103Austria2.97
Deutsche Telekom AG308Germany2.94
AXA SA103France2.92
Enel SpA207Italy2.91
 
Increase Decrease New since last portfolio
Category: Europe ex-UK Equity
 
Management
Name of CompanyInvesco Fund Managers Limited
Phone+44 (0) 1491 417000
Websitewww.invesco.com/uk
AddressPerpetual Park, Perpetual Park Drive, Henley-on-Thames,
 Oxfordshire   RG9 1HH,
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date12/11/2012
Fund Advisor(s)
Invesco Asset Management Ltd
Fund ManagerOliver Collin
Manager Start Date31/12/2019
Career Start Year2000
Education
London School of Economics, B.S.
 
Biography
Oliver joined Invesco in July 2014 as an analyst within Invesco’s European Equities team. His career started in September 2000 with ING Barings, initially within their graduate programme, before becoming a member of their Institutional Equity Sales team, specialising in Pan European mid-cap equities. In January 2006 he joined Berenberg Bank where he specialised in French mid-cap institutional equity sales. In November 2010 he joined Exane BNP Paribas where he latterly led their Pan European Mid Cap Sales team after becoming a Partner in the firm in November 2011. Oliver holds a BSc (Honours) in Economics & Politics from the London School of Economics.
Fund ManagerSteve Smith
Manager Start Date31/12/2020
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.89%
Ongoing Charge0.89%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings20  GBP
Tax Free Savings Schemes
ISAsYes