Important information

  • The Fund invests primarily in a flexible allocation of Indian debt securities and Indian money–market instruments (which may be issued in or outside India by Indian companies).
  • Investors should note the emerging markets risk, risk of investing in India (including risk relating to FPI registration, FPI Indian investment limits, India tax risks and risk of investment in Indian debt market), risk of investing in Indian Sovereign Debt Securities, contingent convertibles risk, exchange control risks, concentration risk of investing in Indian debt securities, currency exchange risk, credit rating risk, volatility risk, and general investment risk.
  • Investment in bonds or other fixed income securities is subject to (a) interest rate risk (b) credit risk (including default risk, downgrading risk and liquidity risk) and (c) risks relating to high yield bonds/non-investment grade bonds and/or un-rated bonds .
  • 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).
  • 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 India Bond Fund

NAV (07/08/2020)

122.0903 HKD

12 months
Low High
111.6767 122.7334

Fund performance chart

Cumulative Performance

Last update date: 30/06/2020
  YTD 3M 6M 1Y 3Y 5Y Since Launch~
Share Class 0.86% 3.76% 0.86% 0.40% -0.46% 15.98% 19.99%
Index^ -3.41% 1.44% -3.41% -4.03% 2.60% 16.54% 23.44%

Calendar Year Performance

Last update date: 31/12/2019
2019 2018 2017 2016 2015
Share Class 3.18% -4.86% 8.59% 7.69% 1.24%
Index^ 3.70% -2.07% 13.78% 4.05% 2.64%

^ Reference Index: Indian 3m T-bills

+ Annualized dividend (%) = (Rate/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 in value (or its equivalent) will be automatically applied in the purchase of further shares of the same class. Positive distribution yield does not imply a positive return.

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

Fund Objective

The objective of the Fund is to generate income and long-term capital appreciation by investing primarily in a flexible allocation of Indian debt securities and Indian money-market instruments.

Key Facts

Launch Date 23/04/2014
Fund Size HKD 3.72bn (as of 30/06/2020)
Management Fee 1.25%
Minimum investment HKD 10,000
Initial Charge (up to) 5.00%
Fund Manager Yifei Ding, Freddy Wong
Bloomberg Code IIBAACH LX
ISIN Code LU0996662267

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

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 unless otherwise stated.

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