Global Balanced Index Fund
As at 30 September 2010
This factsheet is for Professional Clients only
and is not for consumer use
Key facts Annualised performance % growth
Fund management Michael Fraikin 3 months 6 months 1 year 3 years 5 years
Fund launch date 31 October 2006 Fund 9.8 -0.3 10.0 0.1 n/a
Share types Accumulation Benchmark 10.8 -1.0 10.2 -0.2 n/a
Fund size £39.03m Out/underperformance -1.0 0.7 -0.2 0.3 n/a
Historic yield 2.12%
Accounting period ends 31 August
Calendar year performance % growth
28 February
2009 2008 2007 2006 2005 2004
Benchmark 50% FTSE All-Share ex ITs
25% MSCI World ex UK Fund 11.9 -11.7 -0.5 n/a n/a n/a
15% FTSE All-Share Benchmark 23.1 -23.4 5.9 n/a n/a n/a
10% 1 month LIBOR Out/underperformance -11.2 11.7 -6.4 n/a n/a n/a
Past performance is not a guide to future returns.
Top 10 holdings %
Fund As the Global Balanced Index Fund was launched on 31 October 2006, data is not
United Kingdom(Government Of) available for the complete period covered by the table.
4% 07/09/2016 13.1
HSBC 4.1
Royal Dutch Shell ‘B’ 3.3 Regional commentary
BHP Billiton 3.1 Better than expected US economic data released during the month dampened down
fears of a ‘double-dip’ recession. Investor sentiment was also lifted by the prospect
Astrazeneca 3.0
that the US Federal Reserve could embark on a fresh round of quantitative easing
BP 3.0 to boost the US economy. Global equity markets rallied after the Fed’s Open Market
Diageo 2.4 Committee, in a carefully worded statement, signalled its willingness to provide
Rio Tinto 2.4 ‘additional accommodation’ if needed to support the economic recovery. Sovereign
debt concerns had no significant impact on global equity markets, despite Ireland’s
Reckitt Benckiser 2.3
economy contracting in the second quarter.
FTSE 100 Index Future Dec 17 10 2.3
Total 39.0 Meanwhile, the corporate sector is in good financial health in many areas, characterised
by strong cash flows, attractive margins and earnings. The recent flurry of M&A activity
is further sign of cash-rich corporates and strong balance sheets. Having entered the
Sector breakdown % fourth quarter, markets will now turn their focus to the earnings season as they look to
Fund companies for future guidance.
Financials 15.5
Fund strategy
Government Bonds 13.1
Performance is generated through a quantitative bottom-up investment process driven
Oil & Gas 12.0 by stock selection and based on four concepts: Earnings Momentum, Price Trend,
Basic Materials 9.7 Management Action and Relative Value. Relative risk is controlled with the help of an
Health Care 9.4 optimiser, an analysis tool that recommends trades to maximise portfolio exposure to
the selected stocks within pre-determined risk/return parameters. In terms of portfolio
Consumer Goods 8.5
construction, we tightly constrain the risk taken in sectors, industries, countries and
Consumer Services 8.1 currencies. The fund is heavily weighted towards UK companies, but also has significant
Unit/Investment Trust/ exposure to US and European stocks. The Tactical Asset Allocation Model determines
Derivatives/Other 6.8 the fund’s weighting in equities, bonds and cash.
Telecommunications 5.6
Investment objective
Industrials 5.1 The Invesco Perpetual Global Balanced Index Fund aims to achieve long term capital
Technology 4.0 growth with some income generation from investment primarily through a portfolio of
Utilities 1.9 investments in global equities and bonds. In pursuing this objective, the fund managers
may include investments that they consider appropriate which include transferable
Cash 0.3
securities, money market instruments, warrants, collective investment schemes,
Total 100.0 deposits and other permitted investments and transactions as detailed in Appendix 2
of the most recent Full Prospectus.
Global Balanced Index Fund
As at 30 September 2010
Asset type breakdown % Important information
Fund
Equities 82.0 All information is sourced from Invesco Please refer to the latest Full Prospectus,
Perpetual as at 30 September 2010 unless Simplified Prospectus and latest Annual
Bonds 13.1
otherwise stated. Where FTSE sector or Interim Short Reports for more
Derivatives 4.5 breakdowns categories are provided, the information on our funds. Further
Cash/Derivatives Commitment 0.4 Industry Classification Benchmark is a joint information on our products is available
Total 100.0 product of FTSE International Limited and using the contact details shown.
Dow Jones & Company, Inc. and has been
licensed for use. Where Invesco Perpetual has expressed
views and opinions, these may change.
Performance figures are shown in sterling
on a mid-to-mid basis, inclusive of gross Telephone calls may be recorded.
reinvested income and gross of the annual
management charge and all other fund
expenses. The figures do not reflect the
initial (sales) charge paid by individual
investors. The estimated Total Expense
Ratio for the Fund is 0.75% (average over
the 12 months ending 31 August 2009).
Benchmark figures are sourced from
Datastream, on a total return basis.
The historic yield reflects distributions
declared over the past twelve months as
a percentage of the mid-market price, as
at the date shown. It does not include any
initial (sales) charge and investors may be
subject to tax on their distributions.
The value of investments and any income
will fluctuate (this may partly be the result
of exchange rate fluctuations) and investors
may not get back the full amount invested.
Past performance is not a guide to
future returns.
Contact information
Invesco Perpetual UK Institutional Team
Telephone 020 7069 3489
Institutional@invescoperpetual.co.uk
www.invescoperpetual.co.uk/institutional
Invesco Perpetual is a business name of Invesco Fund Managers Limited
Authorised and regulated by the Financial Services Authority
Perpetual Park, Perpetual Park Drive, Henley-on-Thames, Oxfordshire RG9 1HH, UK
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