Invesco Perpetual Select Trust plc Global Equity Income Share Portfolio (`the Portfolio') Interim Management Statement for the Three Months Ended 31 August 2013 Material Events No material events, specifically in relation to the Portfolio, occurred during the period. The Annual General Meeting of the Company was held on 26 September 2013. All resolutions put to members at the meeting were passed. . Dividends On 18 July 2013 the Directors declared a dividend of 0.80p per Global Equity Income Share, which was paid on 16 August 2013 to shareholders on the register on 26 July 2013. The shares were marked ex-dividend on 24 July 2013. . Performance - Total Return 3 Months 1 Year 3 Year 5 Years Share Price 2.3% 38.1% 53.4% 63.0% Net Asset Value -0.9% 24.1% 42.3% 52.4% MSCI World Index (in -1.5% 20.8% 44.6% 44.3% sterling) Source: Thomson Reuters Datastream . Share Price and Discount As at For the Three Months Ended 31 Aug 2013 31 Aug 2013 High Low Average Global Equity Income Shares 142.40 145.00 135.30 141.20 mid-market price (pence) Discount/(Premium) (2.5)% Source: Thomson Reuters Datastream . Assets and Gearing 31 Aug 2013 Total Gross Assets (£m) 43.1 of which Cash (£m) - Borrowings (£m) - Cum Income Net Asset Value (pence) 138.9 Gross Gearing nil Net Cash 0.1% `Gross Gearing' reflects the amount of gross borrowings in use by the Portfolio and takes no account of any cash balances. It is based on gross borrowings as a percentage of shareholders' funds. `Net Cash' reflects the Portfolio's net exposure to cash and cash equivalents expressed as a percentage of shareholders' funds after offsetting any borrowings. A 0% (or nil) gearing percentage shows the Portfolio is ungeared. . Geographical Breakdown of Portfolio 31 Aug 2013 % Americas 39.7 Europe - ex United Kingdom 30.5 United Kingdom 18.5 Pacific Rim - ex Japan 6.6 Japan 4.7 . Top 10 Holdings Ranking Investments Country % of Portfolio 1 Novartis Switzerland 5.0 2 Roche Switzerland 4.2 3 BT United Kingdom 3.6 4 Microsoft United States 3.5 5 Reed Elsevier Netherlands 3.4 6 Pfizer United States 3.3 7 HSBC United Kingdom 3.3 8 United Technologies United States 3.0 9 Pearson United Kingdom 2.8 10 British American United Kingdom 2.7 Tobacco . Changes to Share Capital in the three months ended 31 August 2013: Global Equity Income Shares of 1p each Issued Treasury As at 31 May 2013 30,952,286 4,488,000 Global Equity Income shares bought 0 0 back Global Equity Income shares issued 0 0 Global Equity Income net conversions 109,165 0 Global Equity Income shares cancelled 0 0 As at 31 August 2013 31,061,451 4,488,000 There have been no changes to Global Equity Income Share Capital since 31 August 2013. . Price and Performance The Company's Global Equity Income Shares are listed on the London Stock Exchange and the price is published in the Financial Times under `Investment Companies' and in the Daily Telegraph under `Investment Trusts'. The Portfolio's net asset value is calculated on a daily basis and can be viewed on the London Stock Exchange website at www.londonstockexchange.com. Further information can be obtained from Invesco Perpetual as follows: Free Investor Helpline: 0800 085 8677 Internet address: www.invescoperpetual.co.uk/investmenttrusts The information provided in this statement should not be considered as a financial promotion. For and on behalf of Invesco Asset Management Limited Corporate Company Secretary 26 September 2013 Registered Office 30 Finsbury Square, London, EC2A 1AG Telephone: 020 7065 4000 Facsimile: 020 7065 3166 Registered in England No 5916642 An Investment Company under Section 833 of the Companies Act 2006 END -0- Sep/26/2013 14:34 GMT
INVESCO PERPETUAL SELECT TRUST PLC: Interim Management Statement
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