Invesco Net Zero Global Investment Grade Corporate Bond Fund Z (Acc) GBP Hedged

Overview

Fund classes:
Invesco Funds - Invesco Net Zero Global Investment Grade Corporate Bond Fund Z (Acc) GBP Hedged
1,053.47p Price
3.30p
0.32%
Today's Change
ISIN LU2317489974
Share Class Accumulation
Ongoing Charge 0.58%
Annual Management Charge 0.38%

The Fund aims to contribute to the goal of achieving global net zero greenhouse gas emissions by 2050 or sooner. As part of achieving its objective the Fund intends to deliver income together with long-term capital growth. - The Fund invests primarily in high quality debt instruments issued by companies worldwide, which in the view of the investment manager, are in line with the requirements of a Net Zero investment strategy and meet the Fund’s environmental, social and governance (ESG) criteria. - A Net Zero strategy is a strategy that focuses on achieving alignment objectives to: - Decarbonise investment portfolios in a way that is consistent with achieving global net zero greenhouse gas (GHG) emissions by 2050. - Increase investment in the range of ‘climate solutions’ needed to meet that goal. - To meet the Net Zero goal, the Fund applies multi-faceted approach. The Fund will manage the reduction of the portfolio greenhouse gas emissions over the long term. This means that the Fund will invest in issuers that are already aligned to the decarbonisation pathway, as well as issuers which are on their way to alignment. - The Fund selects issuers which are making consistent progress on aligning their business models to Net Zero. - Screening is employed to exclude companies and/or issuers that do not meet the Fund’s criteria on a range of other environmental and social metrics and the level of involvement in activities such as unconventional oil and gas. - The Fund may invest in contingent convertibles. - The Fund may make significant use of derivatives (complex instruments) in order to (i) reduce the risk and/or generate additional capital or income and/or (ii) meet the Fund’s investment objectives by generating varying amounts of leverage (i.e. where the Fund gains market exposure in excess of the net asset value of the Fund). - The Fund is actively managed and is not constrained by its benchmark, Bloomberg Global Aggregate Corporate Index USD-Hedged (Total Return), which is used for comparison purposes. - While the benchmark is not consistent with the ESG characteristics of the Fund, it is a suitable proxy for the wider investment universe and therefore it is likely that some of the issuers in the Fund are also components of the benchmark. - The Fund has broad discretion over portfolio construction and therefore securities, weightings and risk characteristics will differ. As a result, it is expected that over time the risk return characteristics of the Fund may diverge materially to the benchmark. - Please refer to the Past Performance section below where a benchmark will be displayed if relevant. - The Fund has a sustainable investment as its objective as covered under Article 9 of the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector. - You can buy and sell shares in the Fund on any Dealing Day (as defined in the Prospectus). - Any income from your investment will be reinvested.

Performance

Price and Net Asset Value breakdown

Midprice 1,053.47p
Change on Day 3.30p
Change on Day % 0.32%
52 week high 1,074.00p
52 week low 996.00p
Fund currency GBP
Date updated 17 January 2025

Fund details

Fund Type SICAV
Unit Type Accumulation
Standard initial Charge -
Annual Management Charge 0.38%
Dividend Frequency -
Latest Distribution Info -

Fund manager information

Fund Manager Company Invesco

Fund manager biographies

Name Luke Greenwood
Since 01 June 2022
Bio
Name Lyndon Man
Since 01 June 2022
Bio Lyndon joined Invesco in 2011 and is the principal portfolio manager for Invesco Fixed Income’s global Investment Grade credit funds. He manages portfolios with a range of investment strategies, including active alpha and enhanced beta. Prior to Invesco, Lyndon was with the Government of Singapore Investment Corporation (GIC) where he managed multi-asset as well as fixed income portfolios, specializing on relative value in derivatives – linear and option-related, as well as traditional asset allocation strategies. He began his time at the GIC as a quantitative analyst in 2005, where he led the quantitative platform in the development of pricing models and various quant strategies. Lyndon started off his career at Barclays Capital as a market risk manager in fixed income and emerging markets. Lyndon achieved a Masters in Chemistry and a BA (Hons) in Physical Science at the University of Oxford in 2001 and 2000 respectively. He is a CFA charterholder.
Name Matthew Henly
Since 01 June 2022
Bio
Name Michael Booth
Since 01 June 2022
Bio
View all manager information