Important information

  • The Fund invests primarily in debt securities denominated in Euro issued by corporate issuers.
  • Investors should note the liquidity risk, risk of Eurozone crisis, risk of investing convertibles/convertible bonds/convertible debts, sovereign debt risk, concentration risk of investing in debt securities or instruments denominated in Euro issued by corporate issuers, volatility risk, risk of investing in perpetual bonds, risk associated with investments in debt instruments with loss-absorption features including senior non-preferred debts, contingent convertible bonds which are subject to the risk of being written down or converted to ordinary shares upon the occurrence of pre-defined trigger events and may result in a significant or total reduction in the value of such instruments, currency exchange risk, credit rating risk, general investment risk, and Investment in bonds or other fixed income securities is subject to (a) interest rate risk (b) credit risk (including default risk, downgrading risk and liquidity risk) and (c) risks relating to high yield bonds/non-investment grade bonds and/or unrated bonds.
  • Investment in bonds or other fixed income securities is subject to (a) interest rate risk (b) credit risk (including default risk, downgrading risk and liquidity risk) and (c) risks relating to high yield bonds/non-investment grade bonds and/or un-rated bonds .
  • Financial derivative instruments (FDI) may be used for efficient portfolio management and hedging purpose and extensively for investment purposes. Net derivative exposure may be more than 100% of the Fund's net asset value. Risks associated with FDI include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. As a result of the use of FDI extensively for investment purposes, investors should note the additional/high leverage risk. Also, the active FDI positions implemented by the Fund may not be correlated with its underlying securities positions held by the Fund which may lead to a significant or total loss to the Fund. The Fund does not have any guarantees. Investors might not get back the full amount of money you invest.
  • The Fund is a complex product, investors should exercise caution in relation to the Fund.
  • The value of the Fund can be volatile and could go down substantially.
  • Investors should not base their investment decision on this material alone.
  • Invesco Euro Corporate Bond Fund

NAV (07/08/2020)

12.0454 EUR

12 months
Low High
10.8329 12.2957

Fund performance chart

Cumulative Performance

Last update date: 30/06/2020
  YTD 3M 6M 1Y 3Y 5Y Since Launch~
Share Class -0.82% 6.39% -0.82% 1.08% 5.55% 9.34% 35.71%
Index^ -1.28% 5.09% -1.28% -0.44% 5.53% 12.36% 31.73%

Calendar Year Performance

Last update date: 31/12/2019
2019 2018 2017 2016 2015
Share Class 8.35% -3.43% 3.54% 2.55% -1.72%
Index^ 5.67% -2.15% 2.36% 3.47% -0.62%

Dividend Report+

  • Display as

Aims to pay dividend on monthly/ quarterly/ semi-annual/ annual basis. Dividend is not guaranteed. For Fixed Distribution Shares, Gross Income Shares and Monthly Distribution-1 Shares, dividend may be paid out of the capital. Please refer to Note 1 and/ or Note 2 of the "Important Information".

Record Date (DD/MM/YY) Rate / Share (EUR) Price on Record Date (EUR) Annualized Dividend (%)
28/02/2020 0.1374 12.15 1.13
28/02/2019 0.1563 11.57 1.35
28/02/2018 0.1706 11.80 1.45
28/02/2017 0.1850 11.76 1.57
29/02/2016 0.1721 11.34 1.52
27/02/2015 0.2368 12.25 1.93
28/02/2014 0.3310 11.66 2.84
28/02/2013 0.1807 11.20 1.61

^ Reference Index: ICE BofA Euro Corporate Index

+ Annualized dividend (%) = (Rate/Share X Frequency) ÷ Price on record date. Upon dividend distribution, the fund's net asset value may fall on the ex-dividend date. For Frequency, Monthly = 12; Quarterly = 4; Semi-Annually = 2; Annually =1. All distributions below USD 50 in value (or its equivalent) will be automatically applied in the purchase of further shares of the same class. Positive distribution yield does not imply a positive return.

~For share class's launch date, please refer to Fund Details section.

Fund Objective

Aims at achieving, in the medium to long-term, a competitive overall investment return in euros with relative security of capital (comparative to equities). Investment is primarily in investment grade fixed and floating rate bonds and other debt securities with comparable credit quality (in the Investment Adviser’s opinion).

Key Facts

Launch Date 27/06/2012
Fund Size EUR 1.95bn (as of 30/06/2020)
Management Fee 1.00%
Minimum investment EUR 1,000
Initial Charge (up to) 5.00%
Fund Manager Paul Read, Julien Eberhardt
Bloomberg Code INECADE LX
ISIN Code LU0794790476

Bulletin Board

Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year end, NAV-To-NAV, with dividend reinvested. These figures show by how much the above share classes increased or decreased in value during the calendar year being shown. Performance data of the share class has been calculated in the respective currency stated above including ongoing charges and excluding subscription fee and redemption fee you might have to pay. Where no past performance is shown there was insufficient data available in that year to provide performance. 

How To Buy

Important information

The investment performances are denominated in EUR. US/HK dollar-based investors are therefore exposed to fluctuations in exchange rates.Investment involves risks. Past performance is not indicative of future performance. Investors should read the relevant prospectus for details, including the risk factors and product features. This material has not been reviewed by the Securities and Futures Commission and is issued by Invesco Hong Kong Limited (景順投資管理有限公司)).

All data (including fund and reference index performances) is sourced from Invesco unless otherwise stated.

Performance of the share class is calculated based on NAV to NAV, gross income re-invested in share class currency.