Invesco Perpetual Hign Income (acc) & Invesco Perpetual Hign Income (inc)

MoneyMogul_2

Hi folks.

I was looking at the two funds in the thread title, but I'm unsure as to the difference between them denoted by the (acc) & the (inc). Any help would be greatly appreciated.

Thanks.

Art_peabody

I believe its the following:

Acc - means that dividends will be reinvested as additional shares
Inc - means dividends will be paid out (i.e. income)

Primrose

Have been an investor in this fund for several years, buying accumulation units and having my dividends (interest) reinvested. It regularly appears in the Good Performers lists and is often recommended by financial advisors.

MoneyMogul_2

Thanks for the advice folks.. I think I'll go down the re-investment route..

Cheers.

oldfella

if you buy through fundsnetwork you can get the inc version, tell them to reinvest it, thus leaving the option of getting a regular income later

Mike

MoneyMogul_2

Ah...... Good idea...

maypole

I have an Invesco Perpetual European Growth Acc Fund. Was doing ok until the technology stocks dived a few years ago, now it seems very slow. It is in a PEP and I am tempted to transfer to another fund. Any advice?

maypole

Primrose

Moneymogal - Don't forget to invest this via an ISA wrapper if you haven't used up your £7000 Maxi, or £4000 Mini Stocks & Shares allowance for this tax year, rather than just buying straightforward units

dunstonh

maypole wrote:

I have an Invesco Perpetual European Growth Acc Fund. Was doing ok until the technology stocks dived a few years ago, now it seems very slow. It is in a PEP and I am tempted to transfer to another fund. Any advice?

maypole

How about the Invesco Perpetual European Growth fund?

Its managed 12.85% p.a. if you invested before the crash. Its not the best in sector but it is generally just about top half. You should be happy with double digit returns. Are you sure you have the risk profile to look at higher risk funds?

Why are you sticking to just one fund? That is old fashioned investing and results in lower returns in the long run. Plus you are aware that when the stockmarket goes down, anything invested in the stockmarket usually goes down with it?

maypole

This is the fund I have. My original investment, in 1999, was only £3000 and in 18 months went up to £5117.00. Of course I thought it would just go on like that! Then the crash and it went down to just over £2000. Now worth about £3800. I wasn't aware at the time, that growth funds had a lot of technology stocks in them. I know it's not a huge investment, but I would like to make the most of it.

Maypole