Invesco ICVC Asian (UK) Class Z Inc
Report And Accounts
Simplified Prospectus / KIID
Private Investor Factsheet
Performance
Discrete performance - to last month end
| 31/05/20 to 31/05/21 |
31/05/21 to 31/05/22 |
31/05/22 to 31/05/23 |
31/05/23 to 31/05/24 |
31/05/24 to 31/05/25 |
|
|---|---|---|---|---|---|
| Fund | 41.4% | -0.7% | 0.2% | 7.5% | 8.8% |
| Sector | 35.0% | -6.8% | -5.9% | 6.3% | 5.0% |
| Rank | 37/105 | 32/109 | 4/114 | 58/114 | 27/114 |
| Quartile | 2 | 2 | 1 | 3 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/05/25 |
5 Years to 31/05/25 |
10 Years to 31/05/25 |
||
| Fund | 5.4% | 10.5% | 9.2% | |
| Sector | 1.6% | 5.7% | 5.9% | |
| Rank | 10/114 | 4/105 | 3/83 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 8.21 |
| TENCENT HOLDINGS LIMITED | 5.40 |
| HDFC BANK LIMITED | 4.85 |
| SAMSUNG ELECTRONICS CO. LTD | 4.41 |
| KASIKORNBANK PUBLIC COMPANY LIMITED | 3.58 |
| UNITED OVERSEAS BANK LIMITED | 2.98 |
| NETEASE INC | 2.90 |
| SAMSUNG FIRE & MARINE | 2.64 |
| AIA GROUP LIMITED | 2.51 |
| JARDINE MATHESON HOLDINGS LIMITED | 2.50 |
| Total | 39.97 |
Fund Aims
The Fund aims to achieve long-term (5 years plus) capital growth. The Fund invests at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in Asia and Australasia, excluding Japan. In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities (including non Asian or Australasian companies), money market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash.
Fund Manager
TBC
Based in Henley-on-Thames, Charles is a Deputy Fund Manager on the Invesco Perpetual Pacific and Invesco Pacific Equity Funds and covers the whole Asia Pacific region within his remit, working closely with Fund Manager William Lam. Charles joined our company in April 2012 having started his investment career within the fund research team at Chelsea Financial Services in January 2011. Charles holds a BSc (Hons) in International Relations from the University of Manchester and the IMC qualification from the CFA Society of the UK.
Based in Henley-on-Thames, William manages the Asian portion of the Pacific Fund. He also contributes ideas to the other Asian funds in our range for all sectors and geographies, and has a particular focus on Korea, Taiwan and the technology sector.
William began his career in 1995, joining the John Lewis Partnership and then Deloitte in 1998, where he qualified as a chartered accountant. In 2001, he joined Orbis Investment Advisory as a global investment analyst, specialising in the telecommunications and technology sectors, before joining our company in May 2006. He holds an MA in Psychology and Philosophy from Oxford University, an MSc in Music Technology from York University, and is a CFA charterholder.
Fund Overview
| Mid (20/06/2025) | 540.20p |
| Historic yield | 2.28% |
| Fund size (30/04/2025) | £2382.22m |
| Number of holdings | 193 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.90% |
| Launch date | 11/12/2012 |
Asset Allocation
| International Equities | 93.55% | |
| UK Equities | 2.90% | |
| Money Market | 2.24% | |
| Alternative Trading Strategies | 1.02% | |
| UK Corporate Bonds | 0.10% | |
| Cash and Equivalents | 0.01% | |
| International Bonds | 0.01% | |
| Other Assets | 0.16% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 93.55% | |
| UK Equities | 2.90% | |
| Money Market | 2.24% | |
| Alternative Trading Strategies | 1.02% | |
| UK Corporate Bonds | 0.10% | |
| Cash and Equivalents | 0.01% | |
| International Bonds | 0.01% | |
| Other Assets | 0.16% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 23.77% | - | - | - | |
| Banks | - | 16.04% | - | - | |
| Banks | - | - | 16.04% | - | |
| Banks | - | - | - | 16.04% | |
| Insurance | - | 6.37% | - | - | |
| Non-life Insurance | - | - | 3.86% | - | |
| Property & Casualty Insurance | - | - | - | 3.86% | |
| Life Insurance | - | - | 2.51% | - | |
| Life Insurance | - | - | - | 2.51% | |
| Financial Services | - | 1.36% | - | - | |
| Finance & Credit Services | - | - | 1.36% | - | |
| Consumer Lending | - | - | - | 1.36% | |
| Technology | 22.50% | - | - | - | |
| Technology | - | 22.50% | - | - | |
| Technology Hardware & Equipment | - | - | 12.57% | - | |
| Semiconductors | - | - | - | 9.93% | |
| Electronic Components | - | - | - | 2.64% | |
| Software & Computer Services | - | - | 9.93% | - | |
| Consumer Digital Services | - | - | - | 8.82% | |
| Computer Services | - | - | - | 1.11% | |
| Consumer Discretionary | 17.38% | - | - | - | |
| Retail | - | 5.69% | - | - | |
| Retailers | - | - | 5.69% | - | |
| Diversified Retailers | - | - | - | 5.69% | |
| Consumer Products & Services | - | 5.12% | - | - | |
| Leisure Goods | - | - | 2.90% | - | |
| Electronic Entertainment | - | - | - | 2.90% | |
| Consumer Services | - | - | 1.53% | - | |
| Consumer Services: Misc. | - | - | - | 1.53% | |
| Household Goods & Home Construction | - | - | 0.69% | - | |
| Household Appliance | - | - | - | 0.69% | |
| Automobiles & Parts | - | 3.49% | - | - | |
| Automobiles & Parts | - | - | 3.49% | - | |
| Automobiles | - | - | - | 1.93% | |
| Auto Parts | - | - | - | 1.56% | |
| Travel & Leisure | - | 1.96% | - | - | |
| Travel & Leisure | - | - | 1.96% | - | |
| Hotels & Motels | - | - | - | 1.62% | |
| Restaurants & Bars | - | - | - | 0.35% | |
| Media | - | 1.12% | - | - | |
| Media | - | - | 1.12% | - | |
| Entertainment | - | - | - | 1.12% | |
| Industrials | 9.36% | - | - | - | |
| Industrial Goods & Services | - | 7.84% | - | - | |
| General Industrials | - | - | 4.27% | - | |
| Diversified Industrials | - | - | - | 3.55% | |
| Containers & Packaging | - | - | - | 0.73% | |
| Industrial Transportation | - | - | 2.61% | - | |
| Transportation Services | - | - | - | 2.61% | |
| Industrial Engineering | - | - | 0.66% | - | |
| Machinery: Construction & Handling | - | - | - | 0.66% | |
| Electronic & Electrical Equipment | - | - | 0.29% | - | |
| Electrical Components | - | - | - | 0.29% | |
| Construction & Materials | - | 1.52% | - | - | |
| Construction & Materials | - | - | 1.52% | - | |
| Construction | - | - | - | 1.16% | |
| Cement | - | - | - | 0.37% | |
| Telecommunications | 6.90% | - | - | - | |
| Telecommunications | - | 6.90% | - | - | |
| Telecommunications Equipment | - | - | 5.83% | - | |
| Telecommunications Equipment | - | - | - | 5.83% | |
| Telecommunications Service Providers | - | - | 1.07% | - | |
| Telecommunications Services | - | - | - | 1.07% | |
| Consumer Staples | 6.31% | - | - | - | |
| Food, Beverage & Tobacco | - | 5.24% | - | - | |
| Food Producers | - | - | 3.30% | - | |
| Food Products | - | - | - | 3.30% | |
| Beverages | - | - | 1.95% | - | |
| Brewers | - | - | - | 1.09% | |
| Distillers & Vintners | - | - | - | 0.85% | |
| Personal Care, Drug & Grocery Stores | - | 1.06% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.06% | - | |
| Personal Products | - | - | - | 1.06% | |
| Basic Materials | 5.31% | - | - | - | |
| Basic Resources | - | 4.44% | - | - | |
| Industrial Metals & Mining | - | - | 3.37% | - | |
| General Mining | - | - | - | 3.37% | |
| Precious Metals & Mining | - | - | 1.07% | - | |
| Gold Mining | - | - | - | 1.07% | |
| Chemicals | - | 0.87% | - | - | |
| Chemicals | - | - | 0.87% | - | |
| Chemicals: Diversified | - | - | - | 0.87% | |
| Cash and Equivalents | 2.25% | - | - | - | |
| Energy | 2.05% | - | - | - | |
| Energy | - | 2.05% | - | - | |
| Non-Renewable Energy | - | - | 2.05% | - | |
| Oil: Crude Producers | - | - | - | 1.55% | |
| Oil Equipment & Services | - | - | - | 0.50% | |
| Real Estate | 1.58% | - | - | - | |
| Real Estate | - | 1.58% | - | - | |
| Real Estate Investment & Services | - | - | 1.58% | - | |
| Real Estate Holding and Development | - | - | - | 1.58% | |
| Utilities | 1.29% | - | - | - | |
| Utilities | - | 1.29% | - | - | |
| Gas, Water & Multi-utilities | - | - | 1.29% | - | |
| Gas Distribution | - | - | - | 1.29% | |
| Alternative Trading Strategies | 1.02% | - | - | - | |
| Alternative Trading Strategies | - | 1.02% | - | - | |
| Alternative Trading Strategies | - | - | 1.02% | - | |
| Alternative Trading Strategies | - | - | - | 1.02% | |
| Non-Classified | 0.16% | - | - | - | |
| Bonds | 0.12% | - | - | - | |
Regional Allocation
| Emerging Asia | 63.22% | |
| Developed Asia | 13.28% | |
| North America | 11.59% | |
| Australia & New Zealand | 5.47% | |
| UK | 3.01% | |
| Cash and Equivalents | 2.25% | |
| Non-Classified | 1.18% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.87% | |
| Pound Sterling | 0.12% | |
| Cash | 0.01% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 63.22% | - | |
China
|
- | 19.94% | |
South Korea
|
- | 13.42% | |
Taiwan
|
- | 12.57% | |
India
|
- | 7.66% | |
Indonesia
|
- | 5.32% | |
Thailand
|
- | 3.58% | |
Viet Nam
|
- | 0.73% | |
| Developed Asia | 13.28% | - | |
Hong Kong
|
- | 9.47% | |
Singapore
|
- | 3.81% | |
| North America | 11.59% | - | |
United States
|
- | 11.58% | |
Canada
|
- | 0.01% | |
| Australia & New Zealand | 5.47% | - | |
Australia
|
- | 5.47% | |
| UK | 3.01% | - | |
United Kingdom
|
- | 3.01% | |
| Cash and Equivalents | 2.25% | - | |
| Non-Classified | 1.18% | - | |
Breakdown By Market Cap (%)
| Mega |
|
44.90% |
| Large |
|
26.97% |
| Medium |
|
7.91% |
| Small |
|
0.35% |
| Non-Classified |
|
17.50% |
| Bonds |
|
0.12% |
| Cash |
|
2.25% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 8.21% | Technology Hardware & Equipment | Taiwan |
| 2 | TENCENT HOLDINGS LIMITED | 5.40% | Software & Computer Services | China |
| 3 | HDFC BANK LIMITED | 4.85% | Banks | India |
| 4 | SAMSUNG ELECTRONICS CO. LTD | 4.41% | Telecommunications Equipment | South Korea |
| 5 | KASIKORNBANK PUBLIC COMPANY LIMITED | 3.58% | Banks | Thailand |
| 6 | UNITED OVERSEAS BANK LIMITED | 2.98% | Banks | Singapore |
| 7 | NETEASE INC | 2.90% | Leisure Goods | China |
| 8 | SAMSUNG FIRE & MARINE | 2.64% | Non-life Insurance | South Korea |
| 9 | AIA GROUP LIMITED | 2.51% | Life Insurance | Hong Kong |
| 10 | JARDINE MATHESON HOLDINGS LIMITED | 2.50% | General Industrials | Hong Kong |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 22.50% | - | - | - | - | - | - | 22.50% |
| Telecommunications | - | 6.90% | - | - | - | - | - | - | 6.90% |
| Financials | - | 23.77% | - | - | - | - | - | - | 23.77% |
| Real Estate | - | 1.58% | - | - | - | - | - | - | 1.58% |
| Consumer Discretionary | - | 17.38% | - | - | - | - | - | - | 17.38% |
| Consumer Staples | - | 6.31% | - | - | - | - | - | - | 6.31% |
| Energy | - | 2.05% | - | - | - | - | - | - | 2.05% |
| Utilities | - | 1.29% | - | - | - | - | - | - | 1.29% |
| Industrials | - | 9.36% | - | - | - | - | - | - | 9.36% |
| Basic Materials | 2.90% | 2.41% | - | - | - | - | - | - | 5.31% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.01% | 0.01% |
| Bonds | - | - | 0.10% | 0.01% | - | - | - | - | 0.12% |
| Non-Classified | - | - | - | - | - | - | 1.18% | 2.24% | 3.42% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B8N44R9 |
| Mex Code | BRGAAN |
| Isin Code | GB00B8N44R93 |
| Citi Code | GUVH |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.90% |
Aims and Benchmark
| Aims | The Fund aims to achieve long-term (5 years plus) capital growth. The Fund invests at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in Asia and Australasia, excluding Japan. In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities (including non Asian or Australasian companies), money market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash. |
| Benchmark | IA Asia Pacific excluding Japan Sector |
| Benchmark Category | - |
| IA Sector | Asia Pacific Excluding Japan |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | ICVC |
| Launch price | £0.50 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 December | 31 January |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Citibank |
| Fund Administrator | Internal |
| Fund Registrar | Internal |
| Fund Custodian | Bank of New York Mellon (International) Limited |
Group Details
| Group name | Invesco ICVC |
| Group address | INVESCO Park Henley-on-Thames Oxfordshire RG9 1HH United Kingdom |
| Group telephone | 0800 028 2121 |
| Dealing telephone | 0800 085 8571 |
| Sally.Elsbury@Invesco.com | |
| Homepage | https://www.invesco.co.uk/uk |
| Fax number | 01491 416000 |
Dealing
| Minimum Investment | £500 |
| Minimum Top Up | £100 |
| Minimum Regular Saving | £20 |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.