Audio

Webinar replay: Invesco Bond Income Plus Limited shareholder update

18 June 2021
Rhys Davies
Rhys Davies
Fund Manager

Ahead of the Company’s AGM, which will be held on 22 June 2021, Chairman Tim Scholefield and Portfolio Manager Rhys Davies took part in a recent webinar to provide a shareholder update.

Listen to the replay to hear how the Company has been managed over the past year and the answers to some key shareholder questions.

  • 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.

     

    When making an investment in an investment company you are buying shares in a company that is listed on a stock exchange. The price of the shares will be determined by supply and demand. Consequently, the share price of an investment company may be higher or lower than the underlying net asset value of the investments in its portfolio and there can be no certainty that there will be liquidity in the shares.

     

    The portfolio has a significant proportion of high-yielding bonds, which are of lower credit quality and may result in large fluctuations in the NAV of the product.

     

    The product uses derivatives for efficient portfolio management which may result in increased volatility in the NAV.

     

    The use of borrowings may increase the volatility of the NAV and may reduce returns when asset values fall.

     

    The product may invest in contingent convertible bonds which may result in significant risk of capital loss based on certain trigger events.

     

    As a result of COVID-19, markets have seen a noticeable increase in volatility as well as, in some cases, lower liquidity levels; this may continue and may increase these risks in the future.

  • Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice.

     

    This marketing material is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell securities.

     

    For more information on our investment trusts, please refer to the relevant Key Information Document (KID), Alternative Investment Fund Managers Directive document (AIFMD), and the latest Annual or Half-Yearly Financial Reports. This information is available on our website.

     

    If investors are unsure if this product is suitable for them, they should seek advice from a financial adviser. For details of your nearest financial adviser, please contact IFA Promotion at www.unbiased.co.uk

     

    Invesco Bond Income Plus Limited is regulated by the Jersey Financial Services Commission.