Invesco launching Invesco Great Wall Core Competence Mixed Securities Fund under the Mainland-Hong Kong Mutual Recognition of Funds arrangement

Dec 30, 2015

Important Information

1. The Fund primarily invests in listed stocks in the Mainland, bonds, money market instruments, asset-backed securities and other financial instruments as permitted by the relevant laws and regulations.

2. Investors should note the strategic and model risk in respect of the Fund’s primary investment strategy and stock-picking models, risks associated with bond repurchase and reverse repurchase agreements and RMB currency and conversion risk.

3. The Fund is subject to risks associated with the Mainland-Hong Kong Mutual Recognition of Funds scheme (including the risks associated with quota restrictions, the failure to meet eligibility requirements, the Mainland tax risk and the different market practices between the Mainland and Hong Kong) and the investment risk associated with the Fund.

4. As the Fund primarily invests in the Mainland, it may be subject to (a) concentration and Mainland market risk (b) Mainland equity risk (including the market risk, volatility risk, policy risk, risk associated with small-capitalisation/mid-capitalisation companies, high valuation risk and liquidity risk) (c) risk associated with the growth enterprise market (ChiNext) (including risks associated with the differences in regulations between ChiNext and the main board market, emerging nature of ChiNext companies, higher fluctuation on stock prices, delisting risk and valuation risk) and (d) Mainland debt securities risks (including volatility and liquidity risks, counterparty risk, interest rate risk, downgrading risk, credit rating agency risk and risk associated with asset-backed securities).

5. The value of the Fund can be volatile and could go down substantially.

6. Investors should not base their investment decisions on this material alone.

For Immediate Release

Hong Kong, December 30, 2015 - Invesco announced today that the Invesco Great Wall Core Competence Mixed Securities Fund was successfully authorized by the Securities and Futures Commission (“SFC”) as a recognized Mainland fund being offered to the Hong Kong public under the Mainland-Hong Kong Mutual Recognition of Funds (“MRF”) arrangement.

The Invesco Great Wall Core Competence Mixed Securities Fund aims at achieving long-term capital appreciation of its assets by investing in quality enterprises of investment value, which in turn allows the fund to share the sustainable growth of the enterprises amid economic growth in the PRC. The fund may invest 60% - 95% of its assets in stocks and other equity assets, and 5% to 40% in cash, bonds and other fixed-income type instruments with a credit rating of BBB or above rated by a Mainland credit rating agency.

Invesco is excited to be one of the early movers capitalizing on the MRF to provide Hong Kong investors with more fund offerings having A-share exposure in collaboration with Invesco Great Wall Fund Management Company Limited (“Invesco Great Wall”)^ , Invesco’s joint venture in Mainland China. MRF marks a major breakthrough in the opening up of China’s capital markets and towards Renminbi internationalization.

Terry Pan, Chief Executive Officer, Greater China, Singapore and Korea said: “This milestone represents a growing connection between China’s financial markets and the rest of the world. While A-share valuations have come down, we believe China’s long-term growth story remains intact. Through the options available via MRF, investors are able to explore high quality onshore Chinese investment vehicles in Hong Kong. The launch of the Invesco Great Wall Core Competence Mixed Securities Fund showcases the seamless collaboration between Invesco Hong Kong Limited and Invesco Great Wall in expanding A-share investment choices for Hong Kong investors.”

Richard Chow, Deputy CEO and Head of Investment, Invesco Great Wall said: “We are excited that Invesco Great Wall, one of the most established joint ventures in Mainland China, will benefit from the growth opportunities presented by the MRF. As one of the leading onshore Chinese equities fund managers, Invesco Great Wall is staffed by investment professionals who adhere to Invesco’s international best practices and drive investment performance through on-the-ground investment experience and market knowledge. We are delighted to bring quality A-share offerings to Hong Kong investors, thereby providing them with direct and broad exposure to China’s domestic markets through the MRF platform.”

Yu Guang, CIO, Equity Investment Dept., Invesco Great Wall said: "Invesco Great Wall is committed to seeking to deliver outstanding results for our clients. The A-share market often experiences sector rotation and higher volatility, which requires prudent management to achieve investment goals. We will continue to follow our value investing philosophy and our robust bottom-up, research-based investment approach to select equities with strong fundamentals and outstanding management, with an aim of achieving long-term and stable investment returns for Hong Kong and Mainland Chinese investors.”

Invesco Ltd. is one of the most experienced investment managers in Asia. Today, Invesco Ltd. has a comprehensive presence in the Asia Pacific region with offices in Hong Kong, China, Taiwan, Singapore, Japan, South Korea* and Australia. Invesco Ltd. has also established presence in Mainland China and India via joint venture operations.

Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive worldwide investment management capabilities, Invesco Ltd. provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ.

Established in June 2003, Invesco Great Wall is the first Sino-American asset management firm in China and is headquartered in Shenzhen. It has four regional branches in Beijing, Shanghai, Guangzhou and Chengdu and currently manages 42 open-ended funds that follow high conviction investment strategies across a range of asset classes. As of 30 September 2015, the total mutual fund assets under management were USD 11.70 billion.

Invesco Great Wall Core Competence Mixed Securities Fund

Fund Manager            Yu Guang, CIO, Equity Investment Dept., Invesco Great Wall
Share Class                Class H Units
Base Currency            Renminbi
Management Fee        1.50% p.a. of NAV
Minimum Investment   RMB 10,000
Dealing Frequency       Daily (on each Class H Units dealing day)

Please refer to the prospectus for details on fees and charges, product features and risk factors.

*Via a representative office in Seoul

^As at 30 September 2015. Invesco Great Wall is 49% owned by each of Invesco and Great Wall Securities (a subsidiary of China Huaneng Group) and 1% by each of two minority shareholders.

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The information are sourced from Invesco dated 30 December 2015 unless otherwise stated. Investment involves risks. Investors should read the relevant prospectus for details, including the risk factors and product features. This document has not been reviewed by the Securities and Futures Commission of Hong Kong and is issued by Invesco Hong Kong Limited( 景順投資管理有限公司).

Press Release

About Invesco Ltd.

Invesco Ltd. is one of the most experienced investment managers in Asia. Today, Invesco Ltd. has a comprehensive presence in the Asia Pacific region with offices in Hong Kong, China, Taiwan, Singapore, Japan, South Korea* and Australia. Invesco Ltd. has also established presence in Mainland China and India via joint venture operations.

Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive worldwide investment management capabilities, Invesco Ltd. provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ.

*Via a representative office in Seoul

Additional information about Invesco Ltd is available at “About Invesco”.

For further enquiries, please contact:

Kimsten Law
Manager,
PR and Corporate Communications
Invesco Hong Kong Limited
Tel:     3128 6220
Email: kimsten.law@invesco.com
www.invesco.com.hk

Sophie Wong
Senior Consultant
Weber Shandwick in Hong Kong
Tel:     2533 9919
Fax:    2868 0224
Email: swong3@webershandwick.com
www.webershandwick.asia