Invesco Select Trust Plc, formerly known as Invesco Perpetual Trust Plc, is a UK- based multi-asset-class investment company with four share class portfolios that aims to diversifying risk and generating attractive returns for the shareholders, and offer choice of investment strategies and policies, each intended to generate attractive risk-adjusted returns. It invests in a range of sectors, such as consumer services, telecommunication, utilities, basic material, health care, financials, oil and gas, consumer goods and technology. The company’s shares are listed on the London Stock Exchange as LON: IVPU since 2006.
The company has appointed Invesco Fund Manager Limited as its external investment manager. The company has no employees, so the Board of non-executive directors oversees and monitors the activities of the manager and other services providers on behalf of the shareholders.
The company’s share capital comprises of four share classes that include the UK Equity Share Portfolio, Global Equity Income Share Portfolio, Balanced Risk Allocation Share Portfolio and Managed Liquidity Share Portfolio. The UK Equity Share Portfolio’s investment objective is to provide shareholders with an attractive real long-term total return by focusing its investment in UK Quoted equities. It measures its performance by its benchmark, FTSE All-Share Index. The Global Equity Income Share Portfolio’s investment objective is to deliver an attractive and growing level of income return and capital appreciation over the long term by primarily investing in a diversified portfolio of equities across the world. It measures its performance by its benchmark MSCI World Index.
The balanced Risk Allocation Share Portfolio’s investment objective is to offer its shareholders with an attractive total return differing economic and inflationary environment and with low correlation to equity and bond market indices by gaining exposure to three asset classes: debt securities, equities, and commodities. It measures its performance by its benchmark, Merrill Lynch 3 month LIBOR plus 5% per annum. The Managed Liquidity Share Portfolio’s investment objective is to generate an appropriate level of income return combined with a high degree of security. The company’s investment limits to diversify risk and enhance return are that no more than 15% of its gross assets may be invested in a single investment and the company may invest maximum 10% of the gross assets in other listed investment companies, excluding property companies structured as REITs.
INVESCO SELECT TRUST PLC Perpetual Park, Perpetual Park Drive, Henley-on-Thames, Oxfordshire, RG9 1HH, United Kingdom