Morningstar Fund Report  | 11/04/2025Print

Invesco Funds - Invesco Global Income Fund C Accumulation EUR

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Invesco Funds - Invesco Global Income Fund C Accumulation EUR
Fund5.4-6.610.52.41.2
+/-Cat2.81.44.6-1.11.4
+/-B’mrk0.80.72.1-3.71.2
 
Category: EUR Moderate Allocation - Global
Category Benchmark: Morningstar EU Mod Gbl Tgt ...
Key Stats
NAV
10/04/2025		 EUR 15.95
Day Change 2.71%
Morningstar Category™ EUR Moderate Allocation - Global
ISIN LU1097689365
Fund Size (Mil)
09/04/2025		 USD 1602.20
Share Class Size (Mil)
09/04/2025		 EUR 27.20
Max Initial Charge -
Ongoing Charge
15/11/2024		  1.07%
Morningstar Research
Analyst Report03/06/2024
Thomas De Fauw, Analyst
Morningstar, Inc

After the announced retirement of longtime managers Paul Causer and Paul Read, we downgraded Invesco Global Income’s People Pillar rating to Average in 2021. We are retaining that score given lead manager Alexandra Ivanova has only been...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent23
Process23
Performance
Price
Investment Objective: Invesco Funds - Invesco Global Income Fund C Accumulation EUR
The Fund aims to provide a combination of income and capital growth over the medium-to long term. The Fund seeks to achieve its objective by investing primarily in a flexible allocation to debt securities and global equities. Debt securities may be investment grade, non-investment grade, un-rated debt securities as well as ABS. Debt securities may originate from all issuer types globally (including those from emerging markets).
Returns
Trailing Returns (GBP)10/04/2025
YTD1.72
3 Years Annualised4.47
5 Years Annualised7.20
10 Years Annualised5.56
12 Month Yield 0.00
Management
Manager Name
Start Date
Stephen Anness
31/12/2019
Stuart Edwards
31/08/2021
Click here to see others
Inception Date
12/11/2014

Category Benchmark
Fund BenchmarkMorningstar Benchmark
40% MSCI World 100% Hdg NR EUR ,  10% JPM EMBI Global Diversified TR EUR ,  10% ICE BofA Global Corporate TR HEUR ,  40% ICE BofA Gbl HY TR HEURMorningstar EU Mod Gbl Tgt Alloc NR EUR
Portfolio Profile for  Invesco Funds - Invesco Global Income Fund C Accumulation EUR31/12/2024
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock47.110.0047.11
Bond68.932.0666.86
Property0.000.000.00
Cash78.6197.02-18.41
Other2.980.142.84
Fixed Income
Effective Maturity5.08
Effective Duration0.52
Top 5 Regions%
United States47.07
United Kingdom18.67
Eurozone14.11
Asia - Developed7.90
Europe - ex Euro6.76
Top 5 Sectors%
Financial Services21.19
Technology19.26
Industrials17.38
Healthcare11.46
Consumer Cyclical9.61
Top 5 HoldingsSector%
Us 5yr Note (Cbt) Future Mar 31 2512.90
Long Gilt Future Mar 27 254.08
S&P500 Emini Future Mar 21 254.00
Euro Bund Future Mar 253.28
3i Group Ord2.11
Increase Decrease New since last portfolio
Invesco Funds - Invesco Global Income Fund C Accumulation EUR
Growth Of 1000 (GBP) 31/03/2025
Fund:  Invesco Funds - Invesco Global Income Fund C Accumulation EUR
Category:  EUR Moderate Allocation - Global
Category Index:  Morningstar EU Mod Gbl Tgt Alloc NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-4.967.289.165.43-6.5910.462.411.18
+/- Category0.881.041.022.801.424.65-1.141.38
+/- Category Index---0.940.830.722.06-3.671.18
% Rank in Category384141243156523
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day2.71   2.100.37
1 Week0.11   2.631.37
1 Month-1.33   2.640.92
3 Months0.34   4.452.67
6 Months0.13   2.950.61
YTD1.72   4.472.56
1 Year3.84   4.801.51
3 Years Annualised4.47   3.370.90
5 Years Annualised7.20   3.842.12
10 Years Annualised5.56   2.160.21
 
Category: EUR Moderate Allocation - Global
Category Index: Morningstar EU Mod Gbl Tgt Alloc NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.18---
20240.660.802.38-1.42
20232.30-0.120.177.92
2022-4.04-8.65-2.459.24
2021-1.284.980.671.05
2020-14.4515.660.909.33
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighAbove Average4 star
5-YearHighHigh5 star
10-YearHighAbove Average5 star
OverallHighAbove Average5 star
 
Category :  EUR Moderate Allocation - GlobalClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.20 %
3-Yr Mean Return4.09 %
 
3-Yr Sharpe Ratio0.00
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EU Mod Gbl Tgt Alloc NR EUR  Morningstar Gbl HY Bd GR Hdg EUR
3-Yr Beta1.061.20
3-Yr Alpha0.290.87
 
Investment Style Details31/12/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 71490-
Market Capitalisation% of Equity
Giant34.19
Large39.58
Medium21.81
Small4.42
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings16.540.87
Price/Book2.880.89
Price/Sales2.130.97
Price/Cash Flow12.120.92
Dividend-Yield Factor2.541.36
 
Long-Term Projected Earnings Growth11.701.10
Historical Earnings Growth8.500.91
Sales Growth12.901.90
Cash-Flow Growth6.031.00
Book-Value Growth8.121.08
 
Category: EUR Moderate Allocation - Global
Fixed Income Style31/12/2024
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)EUR 1646
Maturity Distribution %
1 to 314.98
3 to 517.68
5 to 716.23
7 to 1010.85
10 to 155.22
15 to 204.03
20 to 308.95
Over 304.29
Effective Maturity5.08
Effective Duration0.52
Credit Quality Breakdown %     %
AAA12.17   BB26.90
AA7.86   B15.17
A6.66   Below B4.15
BBB21.52   Not Rated5.57
 
Category: EUR Moderate Allocation - Global
Asset Allocation31/12/2024
Asset Allocation
 % Long% Short% Net Assets
Stock47.110.0047.11
Bond68.932.0666.86
Property0.000.000.00
Cash78.6197.02-18.41
Other2.980.142.84
World Regions31/12/2024
 % of EquityRelative to Category
United States47.070.73
Canada1.941.43
Latin America0.000.00
United Kingdom18.674.38
Eurozone14.111.00
Europe - ex Euro6.761.14
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.050.20
Asia - Developed7.902.78
Asia - Emerging3.501.30
 
Category: EUR Moderate Allocation - Global
Sector Weightings31/12/2024
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.000.89
Consumer CyclicalConsumer Cyclical9.610.89
Financial ServicesFinancial Services21.191.23
Real EstateReal Estate4.572.04
Consumer DefensiveConsumer Defensive8.151.44
HealthcareHealthcare11.460.90
UtilitiesUtilities0.180.09
Communication ServicesCommunication Services3.400.46
EnergyEnergy1.810.91
IndustrialsIndustrials17.381.67
TechnologyTechnology19.260.74
 
Category: EUR Moderate Allocation - Global
Top 10 Holdings31/12/2024
 Portfolio NEW
Total Number of Equity Holdings96
Total Number of Bond Holdings316
Assets in Top 10 Holdings35.00
NameSectorCountry% of Assets
Us 5yr Note (Cbt) Future Mar 31 25-12.90
Long Gilt Future Mar 27 25-4.08
S&P500 Emini Future Mar 21 25-4.00
Euro Bund Future Mar 25Germany3.28
3i Group OrdUnited Kingdom2.11
Microsoft Corp311United States1.84
Rolls-Royce Holdings PLC310United Kingdom1.77
United States Treasury Notes 4.875%United States1.76
Coca-Cola Europacific Partners PLC205United Kingdom1.63
Texas Instruments Inc311United States1.63
 
Increase Decrease New since last portfolio
Category: EUR Moderate Allocation - Global
 
Management
Name of CompanyInvesco Management S.A.
Phone(+353) 1 4398100
Websitewww.invescomanagementcompany.lu
Address37A Avenue JF Kennedy
 Luxembourg   L-1855
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date12/11/2014
Fund Advisor(s)
Invesco Asset Management Ltd
Fund ManagerStephen Anness
Manager Start Date31/12/2019
Education
University of Swansea, B.S.
 
Biography
Stephen joined Invesco in July 2002 where he began his investment career. After graduating he joined Invesco Perpetual as a Trainee Analyst. Since then, Stephen’s role has developed as he gained more experience. Having come through the ranks of the UK Equities team, absorbing its methodology and approach, Stephen became a fully fledged fund manager in September 2004 managing the UK portion of a variety of Pan European mandates.
Fund ManagerStuart Edwards
Manager Start Date31/08/2021
Fund ManagerAlexandra Ivanova
Manager Start Date31/08/2020
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.80%
Ongoing Charge1.07%
Purchase Details
Minimum Investments
Initial600000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes