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  5. Invesco Wholesale Investment Grade Bond - Managed fund profile

Invesco Wholesale Investment Grade Bond - Managed Fund (Closed)

Fund Objective
To outperform the return of the Australian corporate bond market by 0.5% pa, before fees, over the short- to medium-term. Benchmark: UBSWA Credit Index. Time horizon is 1 to 3 years.
Fund Strategy
Invests predominantly in corporate fixed interest securities, floating rate notes, and mortgage- and other asset-backed securities. Investments are confined to securities and/or the issuer that are rated as investment grade (BBB- or better) by a recognised rating agency or internal analysis. Fund may also use financial derivatives.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.42% 0.05% 1.64% 3.93% 4.91% 4.23% 5.51% -%
Growth return 0.42% -0.77% -0.53% -1.31% 0.18% -1.13% -0.8% -%
Income return 0% 0.82% 2.17% 5.24% 4.73% 5.36% 6.31% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.88% -0.39% 2.26% 7.08% 2.86% -0.62% -0.68% 2.11%
As at 31 May 2006. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Invesco Wholesale Investment Grade Bond
Cash
2.53%
Fixed Interest
97.47%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.73%
Fixed Interest
92.01%
Australian Equities
1.30%
International Equities
0.54%
Property
0.06%
Alternatives
0.36%

General Information

Fund Details
Type Description
Invesco Wholesale Investment Grade Bond (Wholesale)
Closed
Invesco Australia Limited
CNA0102AU
Bonds - Australia
starstarstar (as at 31 May 2006)
Investment Fund
1 Jul 1999
$23.9 million (as at 28 Feb 2006)
$0.981 (as at 26 Jun 2006)
$0.9789 (as at 26 Jun 2006)
Finalised
Offer information
Type Description
MER 0.62% (as at 30 Jun 2005)
Minimum initial investment $50,000

FAQs about the Invesco Wholesale Investment Grade Bond

The objective of the Invesco Wholesale Investment Grade Bond managed fund is To outperform the return of the Australian corporate bond market by 0.5% pa, before fees, over the short- to medium-term. Benchmark: UBSWA Credit Index. Time horizon is 1 to 3 years.

The strategy of the Invesco Wholesale Investment Grade Bond managed fund is Invests predominantly in corporate fixed interest securities, floating rate notes, and mortgage- and other asset-backed securities. Investments are confined to securities and/or the issuer that are rated as investment grade (BBB- or better) by a recognised rating agency or internal analysis. Fund may also use financial derivatives.

The APIR code of the Invesco Wholesale Investment Grade Bond managed fund is CNA0102AU.

Invesco Wholesale Investment Grade Bond’s total return last month was 0.42%. This was made up of a growth return of 0.42% and an income return of 0%. These returns were calculated as at 31 May 2006.

Invesco Wholesale Investment Grade Bond’s total return for the last three months was 0.05%. This was made up of a growth return of -0.77% and an income return of 0.82%%. These returns were calculated as at 31 May 2006.

Invesco Wholesale Investment Grade Bond’s one-year total return is 3.93%. This was made up of a growth return of -1.31% and an income return of 5.24%. These returns were calculated as at 31 May 2006.

Invesco Wholesale Investment Grade Bond’s one-year total return is 4.23%. This was made up of a growth return of -1.13% and an income return of 5.36%. These returns were calculated as at 31 May 2006.

The asset allocation of the Invesco Wholesale Investment Grade Bond managed fund is :

Cash
2.53%
Fixed Interest
97.47%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Invesco Wholesale Investment Grade Bond managed fund is Invesco Australia Limited.

The Invesco Wholesale Investment Grade Bond managed fund belongs to the Bonds - Australia sector/asset class.

As at 28 Feb 2006, the size of the Invesco Wholesale Investment Grade Bond managed fund was $23.9 million.

The Invesco Wholesale Investment Grade Bond managed fund has an inception date of 1 Jul 1999.

The current entry price of the Invesco Wholesale Investment Grade Bond managed fund is $0.981 per unit and the current exit price is $0.9789 per unit (as at 26 Jun 2006).

The current exit price of the Invesco Wholesale Investment Grade Bond managed fund is $0.9789 per unit and the current entry price is $0.981 per unit (as at 26 Jun 2006).

The minimum initial investment amount for the Invesco Wholesale Investment Grade Bond managed fund is $50,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.