Important information

  • The Fund invests in small to medium sized Japanese companies and to a lesser extent in large Japanese companies.
  • Investors should note the risk of investing in small companies, concentration risk of investing in small to medium sized Japanese companies, currency exchange risk, equities risk, volatility risk, and 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.
  • 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 Nippon Small/Mid Cap Equity Fund

NAV (05/08/2020)

19.6500 USD

12 months
Low High
13.0200 20.7100

Fund performance chart

Cumulative Performance

Last update date: 30/06/2020
  YTD 3M 6M 1Y 3Y 5Y Since Launch~
Share Class -8.02% 27.47% -8.02% 2.49% 8.92% 52.05% 89.30%
Index^ -10.61% 12.65% -10.61% 0.13% 1.07% 27.15% 79.93%

Calendar Year Performance

Last update date: 31/12/2019
2019 2018 2017 2016 2015
Share Class 16.80% -16.89% 48.15% 16.53% 1.07%
Index^ 18.11% -17.61% 34.79% 8.07% 15.70%

Dividend Report+

  • Display as

Aims to pay dividend on monthly/ quarterly/ semi-annual/ annual basis. Dividend is not guaranteed. For Fixed Distribution Shares, Gross Income Shares and Monthly Distribution-1 Shares, dividend may be paid out of the capital. Please refer to Note 1 and/ or Note 2 of the "Important Information".

Record Date (DD/MM/YY) Rate / Share (USD) Price on Record Date (USD) Annualized Dividend (%)
28/02/2020 0.0000 16.05 0.00
28/02/2019 0.0000 18.67 0.00
28/02/2018 0.0000 23.07 0.00
28/02/2017 0.0000 15.44 0.00
29/02/2016 0.0000 11.77 0.00
27/02/2015 0.0000 12.26 0.00

^ Reference Index: Russell/Nomura Small Cap Index (Net Total Return)

+ 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

Aims at achieving long-term capital growth by investing in small to medium sized Japanese companies, and to a lesser extent, large Japanese companies. Small to medium sized companies have market capitalization not exceeding the bottom half of total market capitalization in Japan.

Key Facts

Launch Date 07/07/2011
Fund Size USD 109.47mn (as of 30/06/2020)
Management Fee 1.50%
Minimum investment USD 1,500
Initial Charge (up to) 5.00%
Fund Manager Osamu Tokuno
Bloomberg Code INVAADU LX
ISIN Code LU0607522496

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

Invesco Japanese Small/Mid Cap Equity Fund was merged into Invesco Nippon Small/Mid Cap Equity Fund effective 20 April 2012 (after close of business). The investment performances are denominated in JPY. 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 unless otherwise stated.

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