INVESCO SELECT TRUST PLC UK EQUITY SHS GBP0.01
Symbol: IVPU
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 27th Apr 2019 to 27th Apr 2020-21.92%
- 27th Apr 2020 to 27th Apr 202137.61%
- 27th Apr 2021 to 27th Apr 20223.94%
- 27th Apr 2022 to 27th Apr 2023-5.52%
- 27th Apr 2023 to 27th Apr 20249.43%
Key Information
| Benchmark | MSCI World/Consumer Discretionary |
| Sector | IT UK Equity Income |
| Gearing | 110% |
| Ex-Dividend Date | 25 Apr 2024 |
| Dividend Pay Date | 10 May 2024 |
| Total Dividends - Year to Date | 7.35 |
| Dividend Yield (%) | 4.4749 |
Net Asset Value (Nav)
| Latest actual NAV | 195.94 |
| Latest actual NAV date | 24/04/2024 |
| NAV frequency | Daily |
| Premium/Discount | -16.17% |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.12% |
| Performance Fee | No |
| AMC | % |
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Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.12% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
Invesco Select Trust plc is a United Kingdom-based investment company. The business of the Company is to invest shareholders’ funds with the aim of spreading investment risk and generating returns for shareholders. The Company has an indefinite life and is intended as a long-term investment vehicle. The Company’s share capital comprises four share classes: UK Equity Share, Global Equity Income Share, Balanced Risk Allocation Share and Managed Liquidity Share Portfolio, each of which has its own separate portfolio of assets and liabilities. The Company enables shareholders to adjust their asset allocation to reflect their views of prevailing market conditions. It invests in a range of sectors including oil, gas and coal; gas, water and multi-utilities; media; oil, gas and coal; retailers; pharmaceuticals and biotechnology; banks; precious metals and mining, and real estate investment trusts. The Company’s investment manager is Invesco Fund Managers Limited.
Financial Summary
BRIEF: For the six months ended 30 November 2023, Invesco Select Trust PLC revenues increased from -£4.7M to £10.5M. Net income totaled £9.3M vs. loss of £5.9M. Revenues reflect Realized G/L on Investments Securities increase from -£7.8M to £6.8M, Gains/ (losses) on derivative instrument increase from -£634K to £55K. Net Income reflects Other expenses decrease of 15% to £298K (expense). Dividend per share remained flat at £0.03.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 4.95% | -3.40% | 13.08% | 9.43% | 7.46% | 15.46% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
1,086,121 bytes PDF Document; last updated 31 Mar 2024
87,749 bytes PDF Document; last updated 12 Apr 2024
4,091,486 bytes PDF Document; last updated 31 May 2023
952,007 bytes PDF Document; last updated 30 Nov 2023
Management Team
James Goldstone Ciaran Mallon
James Goldstone
has managed this fund for 7 years and 6 months.
James was appointed co-manager of the Invesco UK Equity High Income Fund (UK) and the Invesco UK Equity Income Fund (UK) in May 2020, alongside Ciaran Mallon. James is the sole manager of the UK Equities Pension Fund (appointed in April 2014). He also manages the UK Equity Share Portfolio of the Invesco Select Trust plc (appointed in October 2016) alongside Ciaran Mallon (appointed co-manager April 2021 following the combination with Invesco Income Growth Trust plc). Prior to joining Invesco in August 2012, James was co-head of pan-European sales at Banco Espirito Santo in London. James began his career in pan-European equity sales at Credit Lyonnais in 2001 and went on, via HSBC and Dresdner Kleinwort, to specialise in UK equity sales. James holds a BA in French from Manchester University.
Manager Cumulative Performance v Peer Group
Ciaran Mallon
has managed this fund for 3 years .
Ciaran was appointed co-manager of the Invesco UK Equity High Income Fund (UK) and the Invesco UK Equity Income Fund (UK) in May 2020, alongside James Goldstone. Based in Henley-on-Thames, Ciaran is the sole manager of the Invesco Income and Growth Fund (UK) (appointed in July 2005). Following the combination of the Invesco Income Growth Trust Plc and the UK Equity Share Portfolio of the Invesco Select Trust plc in April 2021, Ciaran was appointed co-manager of the UK Equity Share Portfolio of the Invesco Select Trust plc alongside James Goldstone. Additionally Ciaran is responsible for the UK equity element of the Invesco Monthly Income Plus Fund (UK) and the Invesco Distribution Fund (UK). Ciaran began his investment career in 1994, joining HSBC where he was as an investment analyst before moving to United Friendly Asset Management (UFAM) in 1999 as a fund manager and joining Invesco in 2005. Ciaran holds an MA in Chemistry from Oxford University, the Securities Institute Diploma and is a CFA Charterholder.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/05/2023 |
31/05/2022 |
31/05/2021 |
31/05/2020 |
31/05/2019 |
31/05/2018 |
|---|---|---|---|---|---|---|
| Total Revenue | 2.89 | 16.90 | 33.75 | -8.78 | -2.77 | 7.96 |
| Gross profit | 1.29 | 15.46 | 33.50 | -9.59 | -3.77 | 6.92 |
| Operating Profit/Loss | 0.65 | 14.96 | 33.09 | -10.06 | -4.24 | 6.49 |
| Profit Before Tax | 0.65 | 14.96 | 33.09 | -10.06 | -4.24 | 6.49 |
| Profit After Tax | 0.33 | 14.77 | 32.86 | -10.30 | -4.49 | 6.23 |
| Equity Holders of Parent Company | 0.33 | 14.77 | 32.86 | -10.30 | -4.49 | 6.23 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/05/2023 |
31/05/2022 |
31/05/2021 |
31/05/2020 |
31/05/2019 |
31/05/2018 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 207.39 | 233.76 | 247.89 | 116.93 | 140.39 | 166.61 |
| Total Current Assets | 2.77 | 2.80 | 5.06 | 3.95 | 5.58 | 3.46 |
| Total Assets | 210.15 | 236.56 | 252.95 | 120.88 | 145.96 | 170.06 |
| Total Liabilities | 10.42 | 22.14 | 22.38 | 13.21 | 13.67 | 18.85 |
| Total Net Assets | 199.74 | 214.42 | 230.56 | 107.67 | 132.30 | 151.22 |
| Shareholders Funds | 199.74 | 214.42 | 230.56 | 107.67 | 132.30 | 151.22 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 199.74 | 214.42 | 230.56 | 107.67 | 132.30 | 151.22 |