IP Recovery 2011 Unit

The objective is to meet the capital entitlements of the Zero Dividend Preference Shares and to provide capital growth, a high dividend income and the potential for growth in dividends for Ordinary Shares. The Company is geared to the extent of its Zero Dividend Preference Shares and it has no other fixed borrowings. The Company will invest principally in the quoted equity and fixed income securities of UK companies across all market sectors which are considered to offer recovery prospects and which may also provide regular income returns. It is intended that at least 75% of the invested portfolio will be invested in equities and the remainder, if any, in fixed income securities (including convertibles or similar securities) unless market conditions should change significantly.The Board has prescribed limits on investment policy, among which are the following: (i) no single investment may exceed 15% of gross assets; (ii) the Company will not invest in other listed investment companies; (iii) the Company will not invest more than 25% of its gross assets in fixed income securities; and (iv) the Company will not invest in unquoted investments.

Key stats

Management firm  Invesco Perpetual
Domicile  United Kingdom
Global Branding Name  Invesco
12 month yield  4.43%
Fund currency  GBP
Launch Date  2005-11-17
ISIN  GB00B0M9GN97
SEDOL  B0M9GN9
Manager 1 Name  Ian Carstairs
Fund Strategy  Other
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2011-10-31
Return - 1 Month  0.29%
Return - 2 Months  -0.68 %
Return - 3 Months  -6.36%
Return - 6 Months  -9.93 %
Return - 9 months  -7.15 %
Return - 12 Months  -5.54%
Annualized return 24 months  5.06 %
Annualized return 36 months  10.35 %
Annualized return 48 months  -5.63 %
Annualized return 60 months  -3.70 %
Return 120 months  0.00 %
Annualized return since Inception  0.09%
Return YTD  -6.42%

Ratings

Morning Star Rating Date   2009-10-31
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  0.35 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Perpetual Park
Contact Address 2  Perpetual Park Drive
Contact Address 3  Henley-on-Thames
Contact country  United Kingdom
Fund Admin Group  Invesco Perpetual
Web Address  www.invescoperpetual.co.uk
Email contact  enquiry@invescoperpetual.co.uk
Phone  +44-(0)800-085-8677

Price

Last Price Date  2011-11-25
Pre-tax nav  16.30
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  £0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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