Invesco Perpetual High Income Pension PDF …

1 31 May 2020 FACTSHEETP ension FundCM Invesco Perpetual high IncomeAsset Allocation (as at 31/05/2020)Sector Breakdown (as at 31/05/2020)Regional Breakdown (as at 31/05/2020)The composition of asset mix and asset allocation may change at any time and exclude cash unless otherwise statedUK & document is provided for the purpose of information only. This factsheet is intended for individuals who are familiar with investment terminology. Please contact your financial adviser if you need an explanation of the terms used. This material should not be relied upon as sufficient information to support an investment decision.

2 The portfolio data on this factsheet is updated on a quarterly AimTo achieve a high level of Income , together with capital growth by primarily investing in companies listed in the fund InformationFund Launch Date17/01/2005 fund Size UK All CompaniesISINGB00B04QQ051 MEX IDCMIPHPSEDOLB04QQ05 Manager NameJames Goldstone, Ciaran MallonManager Since15/05/2020, 15/05/2020 Top Ten Holdings (as at 31/05/2020)BRITISH AMERICAN 1 Quarterly fund Manager ReviewLooking at the four main themes within the fund : UK Domestic Value, International Growth Opportunities, Tobacco and Non-Correlated Financials, it follows that companies within the UK Domestic Value theme, which are more heavily exposed to sterling weakness, have tended to underperform (Capita, Next).

3 EasyJet and International Consolidated Airlines (IAG) also saw significant share price falls. The spread of Covid-19 and the measures to contain it have had a significant impact on the share price of fashion retailers and the tourism and leisure industry (which includes air travel). The better performing stocks were those more exposed to international earnings (including Tobacco and Oil) which are relative beneficiaries of $US strength (British American Tobacco, Total, and Royal Dutch Shell). The Non-Correlated Financials theme has exhibited a particularly wide range of outcomes. The investment platform AJ Bell saw strong share price growth, and online trading platform PLUS500 was up due to increased trading on CFDs (contract for difference) by people isolating at home.

4 On the flipside, non-prime lenders such as Provident Financial tended to be Goldstone, Ciaran Mallon 31/03/2020 The views, opinions and forecasts expressed in this document are those of the fund management house. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statements of fact, nor should reliance be placed on these views when making investment PerformancePast performance is not a guide to future performance. Investment value and Income from it may fall as well as rise, as a result of market and currency movements. You may not get back the amount originally Performance31/03/2019 - 31/03/202031/03/2018 - 31/03/201931/03/2017 - 31/03/201831/03/2016 - 31/03/201731/03/2015 - 31/03/2016CM Invesco Perpetual high UK All is shown as unavailable if prior to the launch of Performance30/04/2020 - 31/05/202029/02/2020 - 31/05/202031/05/2019 - 31/05/202031/05/2017 - 31/05/202031/05/2015 - 31/05/2020CM Invesco Perpetual high UK All : FE fundinfo as at 31/05/2020 Performance figures are in Sterling on a single pricing basis, with Income (where applicable) reinvested net of UK tax and net of total annual fund charges.

5 These figures do not include any initial charge or other product charge(s) that may be Invesco Perpetual high Income PensionABI UK All CompaniesFund Rating InformationThe FE fundinfo Crown Rating relates to this fund . However, the Morningstar ratings are based on the underlying fund . These are supplied by the respective independent ratings agencies and are the latest available at the time this factsheet was issued. Past performance is not a reliable indicator of future InformationThe views, opinions and forecasts expressed in this document are those of the fund manager. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statement of fact, nor should reliance be placed on these views when making investment decisions.

6 For further information contact your local sales office or phone Customer Services on 0345 030 6243 (Life and Pensions) 0345 300 2244 (OEIC). Details are also available at all products have access to this fund , please refer to the relevant product literature. Full terms and conditions are available on request from us using the contact details provided. Charges, terms and the selection of funds we make available may change. Information on the general and specific risks associated with investing in this fund is available in the relevant fund guide, or KIID where applicable. We may change the investment approach rating for the fund .

7 All information is sourced from Scottish Widows or the relevant fund management group unless otherwise Morningstar Rating-Morningstar Analyst RatingFE fundinfo Crown RatingJun 15 Sep 16 Dec 17 Mar 19 Jun 20-25%0%25%50%01/06/2015 - 29/05/2020 Powered by data from FE fundinfoScottish Widows Limited. Registered in England and Wales No. 3196171. Registered Office in the United Kingdom at 25 Gresham Street, London EC2V 7HN. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number 2