ICVC and ISA investors

Transcription

1 guide to ISAs, income InvescoAPerpetual PEPs and ICVCs

2 The basics ISAs and ICVCs When you choose to have income paid out from your ISA or ICVC, any income generated by the fund(s) will be credited to your bank account on the fund(s) distribution pay date. The tables on pages 03, 04, 05 and 06 cover all ICVC funds available through Invesco Perpetual. Please refer to these tables for income payment details. Please bear in mind that income will only be paid when available and the amount will fluctuate. 02 A guide to income

3 Invesco Perpetual income payment dates Investing for income For shares held on ICVCs & ISAs Income from the Invesco Perpetual funds (accounting reference date) fund will be paid out to you on Asian Equity Income Fund 31 May 31 July 30 November 31 January Corporate Bond Fund 30 April 30 June Distribution Fund 31 December 31 January European Equity Income Fund 30 April 30 June European High Income Fund 31 December 31 January Global Bond Fund 30 April 30 June 03 A guide to income

4 Invesco Perpetual income payment dates Investing for income For shares held on ICVCs & ISAs Income from the Invesco Perpetual funds (accounting reference date) fund will be paid out to you on Global Distribution Fund 31 December 31 January Global Emerging Markets Bond Fund 1 31 December 31 January Global Equity Income Fund 28 February 30 April 31 August 31 October Global Financial Capital Fund 30 April 30 June Global Targeted Income Fund 1 31 December 31 January 1 You can currently only invest in these funds via a qualified financial adviser or a third party platform. 04 A guide to income

5 Invesco Perpetual income payment dates Investing for income (continued) For shares held on ICVCs & ISAs Income from the Invesco Perpetual funds (accounting reference date) fund will be paid out to you on High Income Fund 30 June 31 August 31 December 28 February High Yield Fund 31 January 31 March 30 April 30 June 31 July 30 September Income Fund 31 March 31 May 30 September 30 November Income & Growth Fund 30 June 31 August 31 December 28 February Managed Income Fund 28 February 30 April 31 May 31 July 31 August 31 October 30 November 31 January Monthly Income Plus Fund 31 December 31 January Tactical Bond Fund 30 April 30 June UK Strategic Income Fund 31 March 31 May 30 September 30 November 05 A guide to income

6 Invesco Perpetual income payment dates Investing for growth Invesco Perpetual funds Asian Fund Balanced Risk 8 Fund 1 Balanced Risk 10 Fund 1 Emerging European Fund European ex UK Enhanced Index Fund 3 European Equity Fund European Opportunities Fund European Smaller Companies Fund 1 1, 2, 3 Global Balanced Index Fund Global Emerging Markets Fund Global Equity Fund 1, 2, 3 Global ex UK Core Equity Index Fund Global ex UK Enhanced Index Fund 3 Global Opportunities Fund 1 Global Smaller Companies Fund Global Targeted Returns Fund 1 Hong Kong & China Fund 1 Japan Fund 1 Japanese Smaller Companies Fund 1 Latin American Fund Managed Growth Fund Money Fund 1 Pacific Fund Summit Growth 1 Fund 1, 3 Summit Growth 2 Fund 1, 3 Summit Growth 3 Fund 1, 3 Summit Growth 4 Fund 1, 3 Summit Growth 5 Fund 1, 3 UK Companies Fund 1 UK Enhanced Index Fund 3 UK Focus Fund UK Growth Fund UK Smaller Companies Equity Fund US Enhanced Index Fund 3 US Equity Fund 1 For shares held on (accounting reference dates) 30 November 31 July 30 April, 31 October 31 October 31 October 31 July 31 August 28 February, 31 August 31 July 31 August 31 May 30 November 31 March, 30 September 31 December 31 December 31 July 28 February, 31 August The funds in this table are designed for growth, therefore they may not generate sufficient income to make a payment. 1 These funds only offer accumulation shares, so they will not pay out any dividend income. 2 Please note these funds are not available in an ISA. 3 You can currently only invest in these funds via a qualified financial adviser or a third party platform. 06 A guide to income

7 Your questions answered To help make your income payments easier to understand, we have listed some questions that we frequently get asked. Q Will I receive notification of my income payments? A If you receive income, the information detailing the amounts paid will be included in your bi-annual statements. If you receive your income by cheque details will be attached with the cheque. Q If I receive monthly income payments, how long will it be, following my initial investment, before I receive the first payment? A If you invest in the Invesco Perpetual Distribution, European High Income, Global Distribution, Global Emerging Markets Bond, Global Targeted Income or Monthly Income Plus funds, we will pay any available income at the end of the month following the month of your investment. For example, investments held at the end of January will have income paid out at the end of February. Q Why haven t I received a payment? A Some funds are invested primarily for growth, and as a result, the income earned by the fund is not sufficient to make a distribution to the shareholders. Where this occurs any income earned will be retained within the fund rather than paid out. Once the income earned is sufficient to make a payment to the shareholders, the income will be paid out at the next distribution date. Some funds only offer accumulation shares and so will never physically pay out income to the shareholder. The table on page 6 highlights where this is the case. Q Why have I received a small income payment? A There is no minimum income payment. We will pay out all income each time the fund distributes regardless of the amount. Q Why does the amount of income I receive fluctuate? A The amount of income paid out by a fund is dependent on the amount of income earned by the fund as a whole during the accounting period. In turn, the income of the fund is determined by the amount of income received on the underlying investments, less the expenses chargeable to income incurred by the fund during the same period. Each of the underlying investments has their own distribution dates and rates. This, together with the fact that the underlying investments of the fund change over time, means the income earned by the fund will fluctuate from one accounting period to the next. This means that the amount of income paid out by a fund will change too. Q Could I have my income payments paid to someone else? A No. In line with our anti-money laundering policy we can only credit the registered holder s bank or building society account. Please note that this account must be a personal account in your own name, or a joint account, including your own name. Q Can I stop/start taking income? A Yes. If your income is currently paid out to you and you would prefer to hold accumulation shares, we will convert your income shares at no cost. Likewise, if you would like to convert your accumulation shares to income shares and have the income paid out to you, we will convert your accumulation shares to income shares at no cost. If you wish to change your instructions please complete and return the ISA or ICVC amendment to income form/s which are available on our website or by contacting us on the telephone number below. Q I currently have my income paid by cheque and would like it paid into my bank account? A To have your income paid to your bank account or building society you will need to fill in and return the ISA or ICVC amendment to income form(s). We hope this helped. If you have any further questions, please call us on freephone We re here Monday to Friday, 8.30am to 6.00pm. 07 A guide to income

8 Important information Client Services Telephone Administration centre address: Invesco Perpetual administration centre PO Box Chelmsford CM99 2DL These details are important, so please take a moment to read them. 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. For the most up to date information on our funds, please refer to the relevant fund and share classspecific Key Investor Information Documents/Key Information Documents, the Supplementary Information Document, the ICVC ISA Terms and Conditions, the Annual or Interim Reports and the Prospectus, which are available using the contact details shown. For details of fund specific risks, please refer to the relevant Key Investor Information Documents/Key Information Documents. Telephone calls may be recorded. Invesco Perpetual is a business name of Invesco Asset Management Limited and Invesco Fund Managers Limited Perpetual Park, Perpetual Park Drive, Henley-on-Thames, Oxfordshire RG9 1HH, UK Authorised and regulated by the Financial Conduct Authority SP193/63300-V2/PDF/190718