Invesco Global Equity Income Advantage Fund
Focus Fund

Invesco Global Equity Income Advantage Fund

Capture attractive regular income with low volatility

Important Information

    • The Fund invests primarily in a diversified portfolio of global equity securities and equity-linked notes (ELNs) designed to generate high income while providing downside protection as well as equity market upside participation.
    • Investors should note that downside protection does not mean complete elimination of downside risk and is not a guarantee the Fund will not suffer any loss.
    • Investors should note the liquidity risk, credit risk, volatility risk, currency exchange risk, equities risk, RMB currency and conversion risks, general investment risk.
    • Financial derivative instruments (FDI) may be used for efficient portfolio management purposes or to hedge or reduce the overall risk of investments. Risks associated with FDI include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a FDI can result in a loss significantly greater than the amount invested in the FDI by the Fund. Exposure to FDI may lead to a high risk of significant loss by the Fund.
    • For certain share class(es), the Fund may at discretion pay dividend out of the capital and/or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction of the net asset value per share in respect of such share class after the monthly distribution date. (Note 1)
    • In addition, investors of Monthly Distribution-1 share class that are currency hedged (MD-1 hedged) should be aware of the uncertainty of relative interest rates. The net asset value of the MD-1 hedged may fluctuate and may significantly differ from other share class due to fluctuation of the interest rate differential between the currency in which the MD-1 hedged is denominated and the base currency of the Fund and may result in a greater erosion of capital than other non-hedged share class. (Note 2)
    • The value of the Fund can be volatile and could go down substantially.
    • Investors should not base their investment decision on this material alone.

Why Invesco Global Equity Income Advantage Fund?

Aim for high and consistent monthly income

Aim for high and consistent monthly income

  • In September, MD-1 share classes in USD, HKD and RMB-hedged yielded 7.06%, 7.14% and 7.52% respectively.  *Aims to pay dividend on monthly basis. Dividend is not guaranteed. For MD-1 shares, dividend may be paid out of capital. (Please refer to Note 1 and/or Note 2 of the "Important information")
  • High monthly income as compared to MSCI ACWI Index.**
  • Consistent distribution yield as shown in the line chart below.
Low volatility

Low volatility

  • A highly diversified portfolio^ of 623 holdings with an aim to reduce volatility.

*Annualized dividend (%) = (Amount/Share X Frequency) ÷ Price on record date. Upon dividend distribution, the Fund's net asset value may fall on the ex-dividend date. For Frequency, Monthly = 12; Quarterly = 4; Semi-Annually = 2; Annually =1. All distributions below USD 50 /HKD 400/RMB 400 will be automatically applied in the purchase of further shares of the same class. Positive distribution yield does not imply a positive return.
**Benchmark index, subject to further change without notice. 

A diversified global equity portfolio with no style or sectoral biases^

A diversified global equity portfolio with no style or sectoral biases^

  • Avoids active concentrations in individual sectors, factors, dividend stocks, countries.
  • Invested in equities with a historical income advantage and lower volatility.
No bonds or interest rate risk

No bonds or interest rate risk

  • No bond holdings
  • Attractive complement to fixed income and dividend focused income strategies.

Source: Invesco, as at September 30, 2024.
^Diversification does not guarantee a profit or eliminate the risk of loss.

Aim for high and consistent monthly income with low volatility

Source: Invesco, as at September 30, 2024. Aims to pay dividend on monthly basis. Dividend is not guaranteed. For MD-1 shares, dividend may be paid out of capital. (Please refer to Note 1 and/or Note 2 of the "Important information")
*Benchmark index, subject to further change without notice.

A diversified global equity portfolio with no style or sectoral biases

Seeks income from the broad market, not a small subset of high-dividend stocks. Avoid active concentrations in:
  • Sectors
  • Factors
  • Dividend stocks
  • Countries/regions
Globally diversified

Globally diversified

Lower tracking error

Lower tracking error

Seeks reliable performance

Seeks reliable performance

Source: Invesco. For illustrative purposes only. Diversification does not guarantee a profit or eliminate the risk of loss.

How does this fund work?

How does this fund work?

Source: Invesco, as at September 30, 2024.

Top 10 holdings

1. Apple 3.4%

2. Nvidia 3.2%       

3. Microsoft 3.2%

4. Amazon 1.9%     

5. Broadcom 0.8%

 

Total holdings: 623

6. Taiwan Semiconductor Manufacturing ADR 0.7%

7. Eli Lilly 0.6%

8. Novartis 0.6%

9. Qualcomm 0.6%

10. Canadian Imperial Bank of Commerce 0.6%

Source: Invesco as at September 30, 2024. Geographical weightings, sector weightings and portfolio holdings are subject to change without notice.

Source: Invesco as at September 30, 2024. Geographical weightings, sector weightings and portfolio holdings are subject to change without notice.
The weightings for each breakdown are rounded to the nearest tenth or hundredth of a percent; therefore, the aggregate weights for each breakdown may not equal 100%.

Source: Invesco as at September 30, 2024. Geographical weightings, sector weightings and portfolio holdings are subject to change without notice.
The weightings for each breakdown are rounded to the nearest tenth or hundredth of a percent; therefore, the aggregate weights for each breakdown may not equal 100%.

Distribution information*

*Aims to pay dividend on monthly/quarterly/semi-annual/annual basis. Dividend is not guaranteed; For MD-1 shares, dividend may be paid out of capital. (Please refer to Note 1 and/or Note 2 of the "Important information")

  Intended frequency Record date Amount/Share Annualized dividend (%)
A (USD)-MD1 Shares Monthly 30/09/24 0.0700 7.06%
A (HKD)-MD1 Shares Monthly 30/09/24 0.7000 7.14%
A (RMB Hgd)-MD1 Shares Monthly 30/09/24 0.7000 7.52%

Source: Invesco as at September 30, 2024.

Annualized dividend (%) = (Amount/Share X Frequency) ÷ Price on record date. Upon dividend distribution, the Fund's net asset value may fall on the ex-dividend date. For Frequency, Monthly = 12; Quarterly = 4; Semi-Annually = 2; Annually =1. All distributions below USD 50 /HKD 400/RMB 400 will be automatically applied in the purchase of further shares of the same class. Positive distribution yield does not imply a positive return.

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How can we help?

Hotline for Pension Member:

(852) 2842 7878

 

Invesco Funds Hotline:

(852) 3191 8282

 

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Sat: 9:00am to 1:00pm

 

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