Morningstar Fund Report  | 10/04/2025Print

Invesco European Equity Fund (UK) (Acc)

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Invesco European Equity Fund (UK) (Acc)
Fund15.41.315.3-6.87.7
+/-Cat0.010.11.7-7.82.4
+/-B’mrk-1.88.80.3-8.9-0.1
 
Category: Europe ex-UK Equity
Category Benchmark: Morningstar DM Eur xUK TME ...
Key Stats
NAV
10/04/2025		 GBX 1472.57
Day Change 5.78%
Morningstar Category™ Europe ex-UK Equity
IA (formerly IMA) Sector Europe Excluding UK
ISIN GB0033028001
Fund Size (Mil)
31/03/2025		 GBP 1256.79
Share Class Size (Mil)
31/03/2025		 GBP 196.85
Max Initial Charge -
Ongoing Charge
14/02/2025		  1.63%
Investment Objective: Invesco European Equity Fund (UK) (Acc)
The Fund aims to achieve long-term (5 years plus) capital growth. 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)10/04/2025
YTD2.77
3 Years Annualised5.93
5 Years Annualised11.39
10 Years Annualised4.86
12 Month Yield 0.00
Management
Manager Name
Start Date
James Rutland
31/12/2020
John Surplice
31/03/2020
Inception Date
18/01/1986

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA Europe Excluding UK SectorMorningstar DM Eur xUK TME NR EUR
Portfolio Profile for  Invesco European Equity Fund (UK) (Acc)31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.800.0098.80
Bond0.000.000.00
Property0.000.000.00
Cash1.090.200.89
Other0.310.000.31
Top 5 Regions%
Eurozone83.76
Europe - ex Euro8.40
United Kingdom3.90
United States2.50
Asia - Developed1.44
Top 5 Sectors%
Industrials23.43
Financial Services20.45
Healthcare11.62
Basic Materials9.19
Technology8.26
Top 5 HoldingsSector%
UniCredit SpAFinancial ServicesFinancial Services3.86
Banco Santander SAFinancial ServicesFinancial Services3.76
TotalEnergies SEEnergyEnergy3.74
ThalesIndustrialsIndustrials3.45
AXA SAFinancial ServicesFinancial Services2.95
Increase Decrease New since last portfolio
Invesco European Equity Fund (UK) (Acc)
Growth Of 1000 (GBP) 31/03/2025
Fund:  Invesco European Equity Fund (UK) (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-11.2611.93-2.2415.441.3215.27-6.847.68
+/- Category0.49-7.32-11.610.0310.071.75-7.842.44
+/- Category Index---10.14-1.788.790.29-8.85-0.05
% Rank in Category489294599329721
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day5.78   7.262.23
1 Week-3.87   4.560.25
1 Month-9.37   3.42-1.18
3 Months0.25   6.490.99
6 Months-2.12   5.070.18
YTD2.77   6.300.78
1 Year-7.32   0.06-5.98
3 Years Annualised5.93   2.17-0.27
5 Years Annualised11.39   2.050.83
10 Years Annualised4.86   -1.36-1.73
 
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
20257.68---
20243.02-3.61-0.47-5.74
20237.650.060.836.14
2022-4.02-7.39-1.2415.43
20216.663.721.352.96
2020-28.8721.32-2.1415.77
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearAbove AverageAbove Average3 star
10-YearBelow AverageHigh1 star
OverallAverageAbove Average2 star
 
Category :  Europe ex-UK EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.24 %
3-Yr Mean Return7.79 %
 
3-Yr Sharpe Ratio0.27
 
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 Beta0.921.04
3-Yr Alpha-0.44-3.92
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 34003-
Market Capitalisation% of Equity
Giant37.70
Large38.68
Medium23.06
Small0.56
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings11.650.73
Price/Book1.460.64
Price/Sales0.860.52
Price/Cash Flow5.020.44
Dividend-Yield Factor4.641.42
 
Long-Term Projected Earnings Growth9.810.97
Historical Earnings Growth2.220.30
Sales Growth3.841.07
Cash-Flow Growth-5.73-1.86
Book-Value Growth7.781.40
 
Category: Europe ex-UK Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.800.0098.80
Bond0.000.000.00
Property0.000.000.00
Cash1.090.200.89
Other0.310.000.31
World Regions31/03/2025
 % of EquityRelative to Category
United States2.501.46
Canada0.000.00
Latin America0.00-
United Kingdom3.902.51
Eurozone83.761.25
Europe - ex Euro8.400.29
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.000.00
Asia - Developed1.449592.13
Asia - Emerging0.00-
 
Category: Europe ex-UK Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials9.191.39
Consumer CyclicalConsumer Cyclical4.290.42
Financial ServicesFinancial Services20.451.03
Consumer DefensiveConsumer Defensive6.320.98
HealthcareHealthcare11.620.81
UtilitiesUtilities4.621.92
Communication ServicesCommunication Services4.471.14
EnergyEnergy7.363.08
IndustrialsIndustrials23.431.12
TechnologyTechnology8.260.68
 
Category: Europe ex-UK Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings51
Total Number of Bond Holdings0
Assets in Top 10 Holdings31.89
NameSectorCountry% of Assets
UniCredit SpA103Italy3.86
Banco Santander SA103Spain3.76
TotalEnergies SE309France3.74
Thales310France3.45
AXA SA103France2.95
Airbus SE310Netherlands2.92
UPM-Kymmene Oyj101Finland2.84
E.ON SE207Germany2.83
Novo Nordisk AS Class B206Denmark2.78
Banco Bilbao Vizcaya Argentaria SA103Spain2.76
 
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 Date18/01/1986
Fund Advisor(s)
Invesco Asset Management Ltd
Fund ManagerJames Rutland
Manager Start Date31/12/2020
Career Start Year2008
Education
University College–London, B.S.
 
Biography
James Rutland joined Invesco in June 2020 as a Fund Manager within the Henley Investment Centre’s European Equities team. James began his investment career in 2008 at Evercore Partners before joining Goldman Sachs as a Research Analyst within the European Industrials team in 2010. In November 2014, James joined Schroders as an Analyst in the European Business Cycle Team before becoming a Fund Manager in 2016. James holds a BSc in Economics from University College London and is a CFA Charterholder.
Fund ManagerJohn Surplice
Manager Start Date31/03/2020
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.64%
Ongoing Charge1.63%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings20  GBP
Tax Free Savings Schemes
ISAsYes