Important information

  • 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.
  • 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.
  • 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.
  • 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 Small and Medium Enterprise (SME) board and/or growth enterprise market (ChiNext) (including risks associated with the higher fluctuation on stock prices, over-valuation, delisting and differences in regulations between ChiNext and the main board and SME board) 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).
  • Distributions (which are in the Manager's discretion) shall only be made from accrued net distributable income carried over from the previous financial year(s), which amounts to distributions out of capital, and effectively out of capital. Investors should note that the making of distributions out of capital represents a return or a withdrawal of part of the amount they originally invested or capital gain attributable to that amount. Any distributions made out of capital of the class will result in an immediate decrease in the net asset value per unit of the relevant units. (Note 1)
  • The value of the Fund can be volatile and could go down substantially.
  • Investors should not base their investment decision on this material alone.
  • Invesco Great Wall Core Competence Mixed Securities Fund

NAV (07/07/2020)

3.849 CNH

12 months
Low High
2.845 3.849

Fund performance chart

Cumulative Performance

Last update date: 31/05/2020
  YTD 3M 6M 1Y 3Y 5Y Since Launch~
Share Class 5.22% 2.58% 13.32% 25.40% 50.09% N/A 91.80%
Index^ -3.65% -1.13% 1.85% 6.96% 13.48% N/A 25.84%

Annual Return*

Last update date: 31/12/2019
2019 2018 2017 2016 2015
Share Class 51.10% -26.34% 47.73% 9.61% N/A
Index^ 29.59% -19.17% 17.08% 5.60% N/A

^ Reference Index: 80% CSI 300 Index & 20% CSI Aggregate Bond Index

~For share class's launch date, please refer to Fund Details section.

Fund Objective

To achieve long-term capital appreciation of the Fund’s 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 aims to provide stable and sustainable long-term capital appreciation while managing the risk and volatility of the Fund portfolio.

Key Facts

Launch Date 22/01/2016
Fund Size CNH 2.24bn (as of 31/03/2020)
Management Fee 1.50%
Initial Charge (up to) 5.25%
Minimum investment CNH 10,000
Fund Manager Guang Yu
ISIN Code CNE100002441
Bloomberg Code IGWCCCH CH

Bulletin Board

Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year end, NAV-To-NAV, with dividend reinvested. These figures show by how much the above share classes increased or decreased in value during the calendar year being shown. Performance data of the share class has been calculated in the respective currency stated above including ongoing charges and excluding subscription fee and redemption fee you might have to pay. Where no past performance is shown there was insufficient data available in that year to provide performance. 

How To Buy

Important information

The investment performances are denominated in RMB. US/HK dollar-based investors are therefore exposed to fluctuations in exchange rates. Investment involves risks. Past performance is not indicative of future performance. Investors should read the relevant prospectus for details, including the risk factors and product features. This material has not been reviewed by the Securities and Futures Commission and is issued by Invesco Hong Kong Limited (景順投資管理有限公司). 

All data (including fund and reference index performances) is sourced from Invesco Great Wall Fund Management Company Limited unless otherwise stated.

Performance of the share class is calculated based on NAV to NAV, gross income re-invested in share class currency.