Invesco Perpetual Monthly Plus

jem16

Jake'sGran wrote: »

I have a few of the I.P. funds but not the monthly income plus as I don't need the income and would prefer to let the amount invested increase.

You don't need to take the income - you can simply reinvest it and allow the capital to grow. It's also available as accumulation units.

purch

wondered whether people agree with Mark Dampier's view that prospects for the bond market and this fund are good?

If you think that Inflation will remain low :rotfl: then prospects for the Bond market, and the Funds investing in it are good.

If you don't .............. then any Bond Fund is not the place to stick your money

munk

hawkesbaynz is on the money I think with the Ruffer Total Return and European funds - I have both of those as holdings in the cautious portfolio of which the CF Arch Cru fund is a part - actually also the Threadneedle Absolute Return Bond as well - heh and in fact even the Schroder Strat bond was in there too until a couple of months ago... great minds think alike!

The Ruffer funds are excellent though in terms of low volatility and weathering the recent turmoil - both have consistently gone up in value without a lot of volatility over the last 6 months and generally their 1/3/5 yr records aren't bad either. The only slight downside (not really at all though) is that their prices are only updated weekly instead of daily... (should check on them now actually, they're updated on wednesdays). To be fair this is probably a good thing though, checking prices daily is bad for your financial health heh.

As for the bond fund holdings I've added recently to my cautious portfolio, my plan with that is to hold them for the next 3-6 months at least whilst the bad news in the markets is still trickling out slowly. After that hopefully will be looking for some more 100% equity based funds as things start to pick up.

Cozworth806

I know its me, but why is it that I prefer income units to accumalation units, if I want to reinvest I just reinvest the income rather than having it rolled up into the price, which then further screws any averging if I invest monthly as well.

Is it broad as it is long

munk

I prefer accumulation to income because I don't need an income(!) - when I started investing in funds I always went for income for the same reasons you mentioned - if I don't want to take the income then fair enough, just let the income get reinvested and it's all good. However over time I've found that it's more of a pain to administrate income units because of the extra paperwork you get. No big deal if you don't really file that stuff or add it to your own spreadsheet, but I do and it's a PITA when the income just gets reinvested.

turbobob

Would an inflation linked gilt fund be a reasonable investment at the moment?

moneylover

The postings are really, really useful to me with the various suggestions for cautious investment. As I have commented before, there is so much to learn from this board and I do thank everyone.
Just to go back to Invesco I have looked at the link that Steve kindly posted to the fund's performance and the fund is going down yet Mark Dampier says corporate bonds perform well when interest rates are falling which they clearly are/have been and he currently recommends this fund in the 'Investment Times'. So don't quite understand, presumably Mark D's research indicates that things will improve shortly with this particular fund as I cannot see why people would put money in otherwise.

stevedb11

Hi moneylover,
In fact if you look at the prices of the INV PEP monthly income plus (inc) it was 94p around 4 weeks ago its now 97p as of yesterday.
(source H&L website). Steve;)

purch

Would an inflation linked gilt fund be a reasonable investment at the moment?

Index Linked Gilts would be a better option than a normal Gilt (but they are expensive at the moment)

purch

Mark Dampier says corporate bonds perform well when interest rates are falling

Historically that is true.....but historically interest rates fall when inflation is falling. You have to make your own mind up on how the current situation will pan out.