Invesco Funds, SICAV Product Key Facts · Invesco Global Structured Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg

Invesco Funds, SICAVProduct Key Facts

8 June 2017

Equity Funds:Global: Invesco Global Structured Equity Fund Invesco Global Smaller Companies Equity Fund Invesco Global Equity Income Fund

America: Invesco Latin American Equity Fund Invesco US Structured Equity Fund Invesco US Value Equity Fund Invesco US Equity Fund

Europe: Invesco Pan European Structured Equity Fund Invesco Pan European Equity Fund Invesco Pan European Small Cap Equity Fund Invesco European Growth Equity Fund Invesco Pan European Equity Income Fund Invesco Emerging Europe Equity Fund Invesco Euro Equity Fund

Japan: Invesco Nippon Small/Mid Cap Equity Fund Invesco Japanese Equity Advantage Fund Invesco Japanese Value Equity Fund

Asia: Invesco Asia Opportunities Equity Fund Invesco Greater China Equity Fund Invesco Asia Infrastructure Fund Invesco India Equity Fund Invesco Asia Consumer Demand Fund Invesco China Focus Equity Fund

Theme Funds: Invesco Global Leisure Fund Invesco Energy Fund Invesco Global Income Real Estate Securities Fund Invesco Gold & Precious Metals Fund

Reserve Funds: Invesco USD Reserve Fund Invesco Euro Reserve Fund

Bond Funds: Invesco Euro Corporate Bond Fund Invesco UK Investment Grade Bond Fund Invesco Emerging Local Currencies Debt Fund Invesco Emerging Market Corporate Bond Fund Invesco Asian Bond Fund Invesco US High Yield Bond Fund Invesco India Bond Fund

Mixed Funds: Invesco Asia Balanced Fund Invesco Pan European High Income Fund

Table of Contents

2 Equity Funds2 Global2 Invesco Global Structured Equity Fund

6 Invesco Global Smaller Companies Equity Fund

10 Invesco Global Equity Income Fund

15 America15 Invesco Latin American Equity Fund

19 Invesco US Structured Equity Fund

23 Invesco US Value Equity Fund

27 Invesco US Equity Fund

31 Europe31 Invesco Pan European Structured Equity Fund

36 Invesco Pan European Equity Fund

40 Invesco Pan European Small Cap Equity Fund

44 Invesco European Growth Equity Fund

48 Invesco Pan European Equity Income Fund

53 Invesco Emerging Europe Equity Fund

58 Invesco Euro Equity Fund

62 Japan62 Invesco Nippon Small/Mid Cap Equity Fund

66 Invesco Japanese Equity Advantage Fund

70 Invesco Japanese Value Equity Fund

74 Asia74 Invesco Asia Opportunities Equity Fund

78 Invesco Greater China Equity Fund

83 Invesco Asia Infrastructure Fund

88 Invesco India Equity Fund

92 Invesco Asia Consumer Demand Fund

97 Invesco China Focus Equity Fund

101 Theme Funds101 Invesco Global Leisure Fund

105 Invesco Energy Fund

109 Invesco Global Income Real Estate Securities Fund

114 Invesco Gold & Precious Metals Fund

118 Reserve Funds118 Invesco USD Reserve Fund

122 Invesco Euro Reserve Fund

126 Bond Funds126 Invesco Euro Corporate Bond Fund

131 Invesco UK Investment Grade Bond Fund

135 Invesco Emerging Local Currencies Debt Fund

141 Invesco Emerging Market Corporate Bond Fund

147 Invesco Asian Bond Fund

153 Invesco US High Yield Bond Fund

159 Invesco India Bond Fund

166 Mixed Funds166 Invesco Asia Balanced Fund

171 Invesco Pan European High Income Fund

1

FOR THE ATTENTION OF HONG KONG INVESTORS

TThis statement provides you with key information about this product. TThis statement is a part of the Prospectus and should be read in conjunction

with the Prospectus. YYou should not invest in this product based oon this statement alone.

QQuick FFacts

FFund Manager// Invesco Management S.A. MManagement Company::

IInvestment MManager:: Invesco Asset Management Deutschland GmbH, located in Germany. (internal delegation)

BBase Currency: US Dollar

CCustodian ((Depositary):: The Bank of New York Mellon (International) Limited, Luxembourg Branch

DDealing Frequency: Daily

FFinancial Year End: The last day of February

OOngoing charges Class A (EUR hedged) accumulation – EUR 1.28%+ oover a year: Class A annual distribution – USD 1.28%+

Class A monthly distribution-1 – USD 1.28%+ Class C (EUR hedged) accumulation – EUR 0.88%+ Class C (GBP hedged) accumulation – GBP 0.88%+ Class C annual distribution – USD 0.88%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy: Net Income distribution (Dividends, if any, will be paid to the investors) Accumulation (Dividends, if any, will be re-invested into the Fund) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV

may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the relevant Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date)

MMinimum Investment/ MMinimum SSubscription Amount:: SShare cllass AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)

USD1,500 EUR1,000 GBP1,000 HKD10,000 JPY120,000 AUD1,500 CAD1,500 NZD2,000

USD1,000,000 EUR800,000 GBP600,000 HKD8,000,000 JPY80,000,000 AUD1,000,000 CAD1,000,000 NZD1,200,000

AAdditional - -

WWhat is this product? Invesco Global Structured Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PPRODUCT KEY FACTSS IInvesco Global Structured Equity Fundd

A sub-fund of Invesco Funds (SICAV)

Issuer: Invesco Asset Management Asia Limited 8 June 2017

2

IInvesco Global Structured Equity Fund

2

OObjectives and Investment SStrategy The objective of the Fund is to achieve long-term capital growth by investing primarily (at least 70% of its net asset value) in a diversified portfolio of equities or equity-related securities (excluding convertibles or bonds with warrants attached) of companies worldwide. In the selection of investments, the Investment Manager will follow a highly structured and clearly defined process. Quantitative indicators that are available for each stock in the investment universe are analysed and used by the Investment Manager to evaluate the relative attractiveness of each stock. The portfolio is constructed using an optimisation process that takes into account the calculated expected returns of each stock as well as risk control parameters.

Non base currency risk within the Fund may be hedged at the discretion of the Investment Manager.

The Fund may also hold up to 30% of its net asset value in cash and cash equivalents, money market instruments or debt securities (including convertible bonds) of issuers worldwide denominated in any convertible currency. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible bonds).

Not more than 10% of the net asset value of the Fund may be invested in securities issued by or guaranteed by a country which is unrated (debt securities which are not rated by any international rating agency such as Moody’s, Standard & Poor’s and Fitch) and/or whose credit rating is below investment grade (below investment grade is defined as credit rating that is below BBB- from Standard & Poor’s and Fitch, or below Baa3 from Moody’s or an equivalent rating from an internationally recognized rating agency).

The Fund may use derivatives (including but not limited to futures, forwards, non-deliverable forwards, swaps and complex options structures) for hedging and efficient portfolio management purposes. Such derivatives may also incorporate derivatives on derivatives (i.e. forward dated swaps, swap options). However, financial derivative instruments will not be extensively used for investment purposes (i.e. entering into financial derivative instruments to achieve the investment objectives).

WWhat are the key risks? IInvestment involves risks. Please refer to the Prospectus for details including the risks factors.

General investment risk - There can be no assurance that the Fund will achieve its investment objective. The instruments invested by the Fund may fall in value due to any of the key risk factors below and therefore your investment in the Fund may suffer losses. There is no guarantee of the repayment of principal.

Currency exchange risk

- The Fund’s assets may be invested in securities denominated in currencies other than the base currency of the Fund. Also, a class of shares may be designated in a currency other than the base currency of the Fund. The net asset value of the Fund may be affected unfavorably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.

- For the hedged share classes, there is no guarantee that the exposure of the currency in which the shares are denominated can be fully hedged at all times against the base currency of the Fund or the currency or currencies in which the assets of the Fund are denominated. Investors should also note that the successful implementation of the strategy may substantially reduce the benefit to shareholders in the relevant class of shares as a result of decreases in the value of the share class currency against the base currency of the Fund. In the event that investors request payment of redemption proceeds in a currency other than the currency in which the shares are denominated, the exposure of that currency to the currency in which the shares are denominated will not be hedged.

Volatility risk - Investors should note that volatility in the Fund’s investment portfolio may result in large fluctuations in the net asset value of the Fund which may adversely affect the net asset value per share of the Fund and investors may as a result suffer losses.

Equities risk - The value of, and income derived from, equity securities held may fall as well as rise and the Fund may not recoup the original amount invested in such securities. The prices of and the income generated by equity securities may decline in response to certain events, including the activities and results of the issuer, general political, economic and market conditions, regional or global economic instability and currency and interest rate fluctuations. Thus, this may adversely impact the Fund and/or the interests of investors.

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IInvesco Global Structured Equity Fund

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Risk of investing in financial derivative instruments (“FDI”) for efficient portfolio management and hedging purposes - Investments of the Fund may be composed of FDI used for efficient portfolio management or to attempt to hedge or reduce the overall risk of its 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.

Risks associated with payment of dividends and/or fees and expenses out of capital - Payment of dividends out of 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.

HHow has the FFuund pperformed?? The Fund Manager views Class A annual distribution - USD (the

“Share Class”), being the focus share class of the Fund available to the public of Hong Kong, as the most appropriate representative unit class.

Fund launch date: 11 December 2006. Share Class launch date: 11 December 2006. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges

and is inclusive of gross income reinvested. Any entry/exit charges shown are excluded from the calculation.

Past performance is not a guide to 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 Share Class increased or

decreased in value during the calendar year being shown. Where no past performance is shown, there was insufficient data

available in that year to provide performance.

IIs there any guarantee? The Fund does not have any guarantees. You may not get back the full amount of money you invest.

WWhat are the fees and charges? CCharges which may be payable by you

You may have to pay the following fees when dealing in the shares of the Fund.

Fee What you pay

Subscription fee/ Initial charge

Class A, C: Not exceeding 5.00% of the gross investment amount.

Switching fee Up to 1.00% of the value of the shares being switched.

Redemption fee N/A

%

-50

-25

0

25

50

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 1.7 -40.9 9.4 5.9 4.8 9.0 25.1 12.7 6.2 -1.0

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Invesco Global Structured Equity Fund IInvesco Global Structured Equity Fund

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OOngoing fees payable by the Fund

The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments.

Annual rate (as a % of the Fund’s value)

Management fee* Class A: 1.00% Class C: 0.60%

Custodian fee/ Depositary charge

Up to 0.0075%

Performance fee N/A

Administration fee N/A

Distribution fee N/A

Service agents fee Class A: Up to 0.40% Class C: Up to 0.30%

*The fees can be increased subject to the prior approval of the Securities and Futures Commission (“SFC”) and by giving not less than three months’ prior notice to the investors.

OOther fees

You may have to pay other fees when dealing in the shares of the Fund.

AAdditional Information The compositions of the dividends (i.e. the relative amounts paid out of (i) net distributable income and (ii) capital)

for the last 12 months ("Dividend Composition Information") are available from the Hong Kong Sub-Distributor and Representative, Invesco Asset Management Asia Limited, on request and at www.invesco.com.hk. This website has not been reviewed by the SFC.

You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-Distributor and Representative, Invesco Asset Management Asia Limited, receives your request in good order on or before 5:00 pm, Hong Kong time, being the Fund’s dealing cut-off time. Before placing your subscription or redemption orders, please check with your distributor for the distributor’s internal cut-off time (which may be earlier than the Fund’s dealing cut-off time).

The net asset value of the Fund is calculated each “Business Day” as defined in the Prospectus and the price of shares is published each Hong Kong business day (i.e. a day on which banks in Hong Kong are open for normal banking business) at www.invesco.com.hk. This website has not been reviewed by the SFC.

Investors may obtain the past performance information of other share classes offered to Hong Kong investors at www.invesco.com.hk. This website has not been reviewed by the SFC.

Investors may obtain other information of this product at www.invesco.com.hk. This website has not been reviewed by the SFC.

IImportant If you are in doubt, you should seek professional advice.

The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness.

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QQuick FFacts


IInvestment MManager:: Invesco Advisers, Inc., located in the USA. (Internal delegation)

IInvestment Sub--mmanager: Invesco Asset Management Limited, located in the UK. (Internal delegation)





OOngoing charges Class A (EUR hedged) accumulation – EUR 2.03%+ oover a year: Class A accumulation – USD 2.03%+ Class A semi-annual distribution – USD 2.03%+ Class C accumulation – USD 1.28%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided

by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy: Net Income distribution (Dividend, if any, will be paid to the investors) Accumulation (Dividend, if any, will be re-invested into the Fund)

MMinimum Investment/ MMinimum SSubscription Amount:: SShare class AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Global Smaller Companies Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to achieve long-term capital growth through a portfolio of investments in global equities. The Fund intends to invest primarily (at least 70% of the net asset value of the Fund) in equity and equity related securities of smaller companies, which are quoted on the world’s stock markets. In pursuing this objective the Fund may include other investments that are considered appropriate which may include equity and equity related securities in large cap companies.

PPRODUCT KEY FACTSS IInvesco Global Smaller Companies Equity Fundd



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IInvesco Global Smaller Companies Equity Fund

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Equities risk -- The value of, and income derived from, equity securities held may fall as well as rise and the Fund may not recoup the original amount invested in such securities. The prices of and the income generated by equity securities may decline in response to certain events, including the activities and results of the issuer, general political, economic and market conditions, regional or global economic instability and currency and interest rate fluctuations. Thus, this may adversely impact the Fund and/or the interests of investors.

Concentration risk -- As the Fund will invest primarily in equity and equity related securities of smaller companies, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

Risk of investing in smaller companies - Investment in smaller companies may involve greater risks and thus may be considered speculative. Many small company stocks trade less frequently and in smaller volumes and may be subject to more abrupt or erratic price movements than stocks of larger companies. The securities of small companies may also be more sensitive to market changes than securities in large companies. As such, this may adversely impact the Fund and/or the interests of investors.

Risk of Eurozone crisis - The Fund may have significant investment exposure to the Eurozone or the Euro. In light of ongoing concerns on the sovereign debt risk of certain countries within the Eurozone, the Fund’s investments in the region may be subject to higher volatility, liquidity, currency and default risks. Any adverse events, such as credit downgrade of a sovereign or exit of EU members from the Eurozone or other adverse economic, political, policy, foreign exchange, tax, legal or regulatory event affecting the Eurozone markets, may have a negative impact on the value of the Fund.

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IInvesco Global Smaller Companies Equity Fund

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HHow has the FFuund performed?? The Fund Manager views Class A accumulation - USD (the “Share

Class”), being the focus share class of the Fund available to the public of Hong Kong, as the most appropriate representative unit class.

Fund launch date: 30 June 2011. Share Class launch date: 30 September 2011. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges







WWhatt are the fees and charges? CCharges which may be payable by you


Fee What you pay




Redemption fee N/A

-50

-25

0

25

50

Share Class

%

2012 2013 2014 2015 201617.8 43.1 -3.3 7.3 8.3

8

Invesco Global Smaller Companies Equity Fund IInvesco Global Smaller Companies Equity Fund

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Up to 0.0075%

Performance fee N/A


Distribution fee Class A, C: N/A



OOther fees


AAdditional Information You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-

Distributor and Representative, Invesco Asset Management Asia Limited, receives your request in good order on or before 5:00 pm, Hong Kong time, being the Fund’s dealing cut-off time. Before placing your subscription or redemption orders, please check with your distributor for the distributor’s internal cut-off time (which may be earlier than the Fund’s dealing cut-off time).






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QQuick Facts

FFund Manager/ Invesco Management S.A. MManagement Company:

IInvestment MManager:: Invesco Asset Management Limited, located in the UK. (internal delegation)





OOngoing charges Class A (EUR hedged) accumulation – EUR 1.70%+ oover a year: Class A accumulation – USD 1.70%+ Class A semi-annual distribution – USD 1.70%+

Class A monthly distribution – gross income – USD 1.70%+

Class A monthly distribution-1 – USD 1.70%+

Class A (AUD hedged) monthly distribution-1 – AUD 1.70%+

Class A (CAD hedged) monthly distribution-1 – CAD 1.70%+

Class A (NZD hedged) monthly distribution-1 – NZD 1.70%+

Class C accumulation – USD 0.97%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy: Net Income distribution (Dividends, if any, will be paid to investors) Gross Income distribution (Dividends, if any, will be paid to investors) # Accumulation (Dividends, if any, will be re-invested into the Fund) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the relevant Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) # The SICAV may at its discretion pay dividend out of gross income while paying all or

part of the share class’ fees and expenses out of the capital of the share class, resulting in an increase in distributable income for the payment of dividends by the share class and therefore, the share class may effectively pay dividend out of capital and may reduce the net asset value per share of this share class immediately after the relevant distribution date.

PPRODUCT KEY FACTSS IInvesco Global Equity Income Fundd



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IInvesco Global Equity Income Fund

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MMinimum Investment/ MMinimum SSubscription Amount:: SShare class AA CC

IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Global Equity Income Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The Fund aims to generate a rising level of income, together with long-term capital growth, investing primarily (at least 70% of the net asset value of the Fund) in global equities. In pursuing this objective, the Investment Manager may include investments that they consider appropriate, which include transferable securities, money market instruments, warrants, undertakings for collective investment, deposits and other permitted investments.





Currency eexchange rrisk


- For the hedged share classes, there is no guarantee that the exposure of the currency in which the Shares are denominated can be fully hedged at all times against the base currency of the Fund or the currency or currencies in which the assets of the Fund are denominated. Investors should also note that the successful implementation of the strategy may substantially reduce the benefit to shareholders in the relevant class of shares as a result of decreases in the value of the share class currency against the base currency of the Fund. In the event that investors request payment of redemption proceeds in a currency other than the currency in which the shares are denominated, the exposure of that currency to the currency in which the shares are denominated will not be hedged.

Volatility risk - Investors should note that volatility in the Fund's investment portfolio may result in large fluctuations in the net asset value of the Fund which may adversely affect the net asset value per share of the Fund and investors may as a result suffer losses.

11


3



Risks associated with payment of dividends and/or fees and expenses out of capital

- Payment of dividends out of 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.

- For Monthly Distribution-1 share classes that are currency hedged, the Fund may take into account the return driven by the interest rate differential between the currency in which the hedged Monthly Distribution-1 share class is denominated and the base currency of the Fund in determining the distribution to be paid. Investors should be aware of the uncertainty of relative interest rates which will have an impact on the return of the hedged Monthly Distribution-1 share class. The net asset value of the Monthly Distribution-1 hedged share class may fluctuate and may significantly differ from other share class due to the fluctuation of the interest rate differential between the currency in which the hedged Monthly Distribution-1 share class is denominated and the base currency of the Fund, and may result in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged share class. Investors in such share class may therefore be adversely affected.

HHow has the FFuund performed? The Fund Manager views Class A accumulation - USD (the “Share








-50

-25

0

25

50

Share Class

%

2012 2013 2014 2015 201615.1 28.9 -0.8 -0.3 1.3

12

Invesco Global Equity Income Fund IInvesco Global Equity Income Fund

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WWhat are tthe fees and charges? CCharges which may be payable by you


Fee WWhat you pay




Redemption fee N/A






Up to 0.0075%

Performance fee N/A





OOther fees


13


5

AAdditional Information The Compositions of the dividends (i.e. the relative amounts paid out of (i) net distributable income and (ii) capital)

for the last 12 months (“Dividend Composition Information”) are available from the Hong Kong Sub-Distributor and Representative, Invesco Asset Management Asia Limited, on request and at www.invesco.com.hk. This website has not been reviewed by the SFC.







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Invesco Global Equity Income Fund

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QQuick FFacts







OOngoing charges Class A (EUR hedged) accumulation – EUR 2.33%+ oover a year: Class A accumulation – USD 2.33%+ Class C (EUR hedged) accumulation – EUR 1.73%+ Class C accumulation – USD 1.73%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided


DDividend Policy: Accumulation (Dividends, if any, will be re-invested into the Fund)

MMinimum Investment/ MMinimum SSubscription Amount::

SShare class AA CC

IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is thiis product? Invesco Latin American Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The Fund aims to achieve long-term capital growth through investing in Latin American companies.

The Fund will invest primarily (at least 70% of the net asset value of the Fund) in listed equity or equity related securities of (i) companies with their registered office in a Latin American country (ii) companies established or located in countries outside of Latin America but carrying out their business activities predominantly in Latin America, or (iii) holding companies the interests of which are predominantly invested in equity of companies having their registered office in a Latin American country.

For the purposes of the Fund, Latin American countries are countries in South and Central America (including Mexico) and the Caribbean.

PPRODUCT KEY FACTSS IInvesco Latin American Equity Fundd



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IInvesco Latin American Equity Fund

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The Fund may also invest in cash and cash equivalents, money market instruments, equity and equity related securities issued by companies or other entities not meeting the above requirements or in debt securities (including convertible bonds) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible bonds).


WWhat are the key risks?

IInvestment involves risks. Please refer to the Prospectus for details including the risks factors.




- For the hedged share classes, there is no guarantee that the exposure of the currency in which the shares are denominated can be fully hedged at all times against the base currency of the Fund or the currency or currencies in which the assets of the Fund are denominated. Investors should also note that the successful implementation of the strategy may substantially reduce the benefit to shareholders in the relevant class of shares as a result of decreases in the value of the share class currency against the base currency of the Fund. In the event that they request payment of redemption proceeds in a currency other than the currency in which the shares are denominated, the exposure of that currency to the currency in which the shares are denominated will not be hedged.



Concentration risk - As the Fund will invest primarily in listed equity or equity related securities of companies in Latin American countries, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

Emerging markets risk

- Investment in emerging market countries in Latin America may exhibit higher risk as the securities markets of emerging market countries are not as large as the more established securities markets and have substantially less trading volume.

- Investors should note the special considerations not typically associated with investment in more developed markets such as, liquidity risk, currency risks/control, political and economic uncertainties, policy, legal or regulatory event affecting the relevant markets and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.

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Invesco Latin American Equity Fund IInvesco Latin American Equity Fund

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Fund launch date: 11 August 2010. Share Class launch date: 11 August 2010. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A

%

-40

-30

-20

-10

0

10

20

Share Class2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

-19.5 13.7 -12.8 -16.1 -30.3 19.1

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IInvesco Latin American Equity Fund

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Up to 0.0075%

Performance fee N/A





OOther ffees




The net asset value of the Fund is calculated and each “Business Day” as defined in the Prospectus and the price of shares is published each Hong Kong business day (i.e. a day on which banks in Hong Kong are open for normal banking business) at www.invesco.com.hk. This website has not been reviewed by the SFC.





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Invesco Latin American Equity Fund

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QQuick FFacts


IInvestment MManager:: Invesco Advisers, Inc., located in the USA. (internal delegation)





OOngoing charges Class A (EUR hedged) accumulation – EUR 1.30%+ oover a year: Class A accumulation – USD 1.30%+ Class B accumulation – USD 2.30%+ Class C (EUR hedged) accumulation – EUR 0.90%+ Class C accumulation – USD 0.90%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.


MMinimum Investment/ Minimum Subscription Amount: SShare class AA BB CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)




AAdditional - - -

WWhat is this product? Invesco US Structured Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to achieve long-term capital appreciation by investing in a diversified portfolio of large cap equities listed on recognised US stock exchanges. The Fund shall primarily (at least 70% of the net asset value of the Fund) invest at all times in equities of large cap companies with their registered office in the US or exercising their business activities predominantly in the US.

For the present purposes “large cap” shall mean companies having a market capitalisation exceeding USD 1 billion.

PPRODUCT KEY FACTSS IInvesco US Structured Equity Fundd



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IInvesco US Structured Equity Fund

2

Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, equity and equity related instruments issued by companies or other entities not meeting the above requirement or debt securities (including convertible debt) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).


The stock selection follows a highly structured and clearly defined investment process. Quantitative indicators that are available for each stock in the investment universe are analysed and used by the Investment Manager to evaluate the relative attractiveness of each stock. The portfolio is constructed using an optimisation process that takes into account the calculated expected returns of each stock as well as risk control parameters.









Concentration risk

- As the Fund will invest primarily in companies in large cap equities listed on recognised US stock exchanges, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

- The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event and natural disaster affecting the US Market.

20

Invesco US Structured Equity Fund IInvesco US Structured Equity Fund

3

Risk of investing in financial derivative instruments (“FDI”) for efficient portfolio management and hedging purposes -- Investments of the Fund may be composed of FDI used for efficient portfolio management or to attempt to hedge or reduce the overall risk of its 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..

HHow has the FFuund pperformed?? The Fund Manager views Class A accumulation - USD (the “Share


Fund launch date: 28 June 2002. Share Class launch date: 28 June 2002. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges







WWhat are the fees and charges? CCharges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund.

Fee What you pay


Class A, C: Not exceeding 5.00% of the gross investment amount. Class B: N/A


Redemption fee N/A

Contingent Deferred Sales Charge (“CDSC”) (Class B only)

Redemption during Applicable rate (during X years since purchase) of CDSC

1st Year 4% 2nd Year 3% 3rd Year 2% 4th Year 1% After end of 4th Year None

The CDSC will be calculated by reference to the lesser of (i) the current market value (based on the net asset value per share ruling on the date of redemption); or (ii) the acquisition cost of the Class B shares being redeemed.

-50

-25

0

25

50

20162007 2008 2009 2010 2011 2012 2013 2014 2015Share Class

%

2.9 -36.3 22.4 6.7 -1.2 11.1 34.2 10.4 -5.6 10.8

21

IInvesco US Structured Equity Fund

4




Management fee* Class A, B: 1.00% Class C: 0.60%


Up to 0.0075%

Performance fee N/A


Distribution fee Class A, C: N/A Class B: Up to 1.00%

Service agents fee Class A: Up to 0.40% Class B, C: Up to 0.30%


OOther fees









22

Invesco US Structured Equity Fund

1



wwith the Prospectus. YYou should not invest in this product based oon this statement alone.

QQuick FFacts

FFund Manageer// Invesco Management S.A. MManagement Company::

IInvestment MManager:: Invesco Advisers, Inc., located in the USA. (internal delegation)





OOngoing charges Class A accumulation – USD 1.77%+ oover a year: Class A semi-annual distribution – USD 1.77%+ Class C accumulation – USD 0.97%+ Class C semi-annual distribution – USD 0.97%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided


DDividend Policy: Net Income distribution (Dividends, if any, will be paid to the investors) Accumulation (Dividends, if any, will be re-invested into the Fund)

MMinimum Investment/ MMinimum SSubscriptioon Amount:: SShare class AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco US Value Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PPRODUCT KEY FACTSS IInvesco US Value Equity Fundd



23

IInvesco US Value Equity Fund

2

OObjectives and Investment Strategy The investment objective of the Fund is to provide reasonable long-term capital growth, measured in US Dollars. Investments will be sought in equity securities that the Investment Manager believes to be undervalued relative to the stock market in general at the time of purchase.

The Fund will invest primarily (at least 70% of the net asset value of the Fund) in the common or preferred stocks of companies which are located in the United States of America (“US”). A company will be considered located in the US if (i) it is organised under the laws of the US and has its principal office in the US or (ii) it derives 50% or more of its revenues from businesses in the US. The Fund may also invest, on an ancillary basis, in the equity securities of companies traded principally on US stock exchanges, convertible debt securities, US Government securities (securities issued or guaranteed as to principal and interest by the US Government or its agencies and instrumentalities), money market instruments and investment grade corporate debt securities. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in convertible debt securities, US Government securities and investment grade corporate debt securities.




General investment risk -- There can be no assurance that the Fund will achieve its investment objective. The instruments invested by the Fund may fall in value due to any of the key risk factors below and therefore your investment in the Fund may suffer losses. There is no guarantee of the repayment of principal.

Currency exchange risk -- The Fund’s assets may be invested in securities denominated in currencies other than the base currency of the Fund. Also, a class of shares may be designated in a currency other than the base currency of the Fund. The net asset value of the Fund may be affected unfavorably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.

Volatility risk -- Investors should note that volatility in the Fund’s investment portfolio may result in large fluctuations in the net asset value of the Fund which may adversely affect the net asset value per share of the Fund and investors may as a result suffer losses.


Concentration risk

- As the Fund will invest primarily in companies in the common or preferred stocks of companies which are located in the US, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

- The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event and natural disaster affecting the US market.


24

Invesco US Value Equity Fund IInvesco US Value Equity Fund

3












Fee What you pay




Redemption fee N/A






Up to 0.0075%

Performance fee N/A





-50

-25

0

25

50

Share Class

%

2012 2013 2014 2015 201614.7 33.7 9.1 -7.7 15.1

25

IInvesco US Value Equity Fund

4

OOther fees









26

Invesco US Value Equity Fund

1




QQuick FFacts







OOngoing charges Class A (EUR hedged) accumulation – EUR 1.80%+ oover a year: Class A (EUR hedged) annual distribution – EUR 1.80%+ Class A annual distribution – USD 1.80%+ Class C accumulation – USD 1.25%+ + As a result of the reduction in fees, the ongoing charges figure is estimated based on the expected annualised total of

charges expressed as percentage of the average net asset value over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy: Accumulation (Dividends, if any, will be re-invested into the Fund) Net Income distribution (Dividends, if any, will be paid to the investors)




AAdditional - -

WWhat is this product? Invesco US Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to achieve long-term capital appreciation and to a lesser extent current income by investing primarily in equities of US companies. The Fund shall primarily invest (at least 70% of the net asset value of the Fund) in securities issued by (i) companies and other entities with their registered office in the US, or (ii) companies and other entities with their registered office outside of the US but carrying out their business activities predominantly in the US or (iii) holding companies, the interests of which are predominantly invested in companies with their registered office in the US. Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money

PPRODUCT KEY FACTSS IInvesco US Equity Fundd



27

IInvesco US Equity Fund

2

market instruments, equity and equity related instruments issued by companies or other entities not meeting the above requirements or debt securities (including convertible debt) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).











Concentration risk

- As the Fund will invest primarily in equities and equity related securities with exposure to the US, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.



28

Invesco US Equity Fund IInvesco US Equity Fund

3

HHow has the FFuund pperformed?? The Fund Manager views Class A annual distribution - USD (the











Fee What you pay




Redemption fee N/A






Up to 0.0075%

Performance fee N/A





%

-10

0

10

20

30

Share Class2012 2013 2014 2015 2016

26.8 9.9 -0.8 11.3

29

IInvesco US Equity Fund

4

OOther fees









30

Invesco US Equity Fund

1


This statement provides you with key information about this product. This statement is a part of the Prospectus and should be read in conjunction

with the Prospectus. You should not invest in this product based on this statement alone.

Quick Facts

Fund Manager/ Invesco Management S.A. Management Company:

Investment Manager: Invesco Asset Management Deutschland GmbH, located in Germany. (internal delegation)

Base Currency: Euro

Custodian (Depositary): The Bank of New York Mellon (International) Limited, Luxembourg Branch

Dealing Frequency: Daily

Financial Year End: The last day of February

Ongoing charges Class A accumulation – EUR 1.57%+ over a year: Class A annual distribution – EUR 1.57%+ Class A (USD hedged) accumulation – USD 1.57%+

Class A (AUD hedged) accumulation – AUD 1.57%+

Class A (USD hedged) monthly distribution-1 – USD 1.57%+ Class B accumulation – EUR 2.57%+

Class C accumulation – EUR 1.07%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

Dividend Policy: Net Income distribution (Dividends, if any, will be paid to the investors) Accumulation (Dividends, if any, will be re-invested into the Fund)

Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date)

Minimum Investment/ Minimum Subscription Amount: Share class A B C Initial (in any of the dealing currencies listed in the Application Form)




Additional - - -

PRODUCT KEY FACTSInvesco Pan European Structured Equity Fund



31

Invesco Pan European Structured Equity Fund

2

What is this product? Invesco Pan European Structured Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

Objectives and Investment Strategy The objective of the Fund is to achieve long-term capital appreciation by investing at least two thirds of the net asset value of the Fund in a diversified portfolio of equities of companies with their registered office in a European country or exercising their business activities predominantly in European countries which are listed on recognised European stock exchanges. The stock selection follows a highly structured and clearly defined investment process. Quantitative indicators that are available for each stock in the investment universe are analysed and used by the Investment Manager to evaluate the relative attractiveness of each stock. The portfolio is constructed using an optimisation process that takes into account the calculated expected returns of each stock as well as risk control parameters.

Up to one third of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments or equity and equity related instruments issued by companies or other entities not meeting the above requirement.



What are the key risks? Investment involves risks. Please refer to the Prospectus for details including the risks factors.







32


What is this product?

Objectives and Investment Strategy


General investment risk -


Volatility risk -

Equities risk -


3

Concentration risk -- As the Fund will invest primarily in equities of companies with their registered office in a European country or exercising their business activities predominantly in European countries which are listed on recognised European stock exchanges, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.





- For Monthly Distribution-1 share classes that are currency hedged, the Fund may take into account the return driven by the interest rate differential between the currency in which the hedged Monthly Distribution-1 share class is denominated and the base currency of the Fund in determining the distribution to be paid. Investors should be aware that the uncertainty of relative interest rates which will have an impact on the return of the hedged Monthly Distribution–1 share class. The net asset value of the Monthly Distribution-1 hedged share class may fluctuate and may significantly differ from other share class due to the fluctuation of the interest rate differential between the currency in which the hedged Monthly Distribution-1 share class is denominated and the base currency of the Fund, and may result in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged share class. Investors in such share class may therefore be adversely affected.

How has the Fund performed? The Fund Manager views Class A accumulation - EUR (the “Share


Fund launch date: 06 November 2000. Share Class launch date: 06 November 2000. The base currency of the Fund is EUR. Past performance of the Share Class is calculated in EUR. Performance is calculated after deduction of ongoing charges






%

-50

-25

0

25

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 3.1 -30.3 22.2 15.2 0.5 17.0 23.3 12.6 15.2 -2.2

33


4

Is there any guarantee? The Fund does not have any guarantees. You may not get back the full amount of money you invest.

What are the fees and charges? Charges which may be payable by you


Fee What you pay




Redemption fee N/A





Ongoing fees payable by the Fund





Up to 0.0075%

Performance fee N/A





Other fees


34


Is there any guarantee?


Fee What you pay



Other fees


5

Additional Information The compositions of the dividends (i.e. the relative amounts paid out of (i) net distributable income and (ii) capital)






Important If you are in doubt, you should seek professional advice.


35

1




Quick Facts


Investment Manager: Invesco Asset Management Limited, located in the UK. (internal delegation)

Base Currency: Euro




Ongoing charges Class A (USD hedged) accumulation – USD 1.97%+ over a year: Class A accumulation – EUR 1.97%+ Class A annual distribution – EUR 1.97%+ Class A annual distribution – USD 1.97%+

Class A (AUD hedged) accumulation – AUD 1.97%+

Class B accumulation – EUR 2.87%+ Class C accumulation – EUR 1.37%+ Class C annual distribution – EUR 1.37%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

Dividend Policy: Net income distribution (Dividends, if any, will be paid to the investors) Accumulation (Dividends, if any, will be re-invested into the Fund)





Additional - - -

What is this product? Invesco Pan European Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PRODUCT KEY FACTSInvesco Pan European Equity Fund



36



Quick Facts

Fund Manager/ Management Company:

Investment Manager:

Base Currency:

Custodian (Depositary):

Dealing Frequency:

Financial Year End:

Ongoing charges over a year:

Dividend Policy:


Additional

What is this product?

PRODUCT KEY FACTSInvesco Pan European Equity Fund Invesco Pan European Equity Fund

2

Objectives and Investment Strategy The Fund aims to provide long-term capital growth by investing in a portfolio of equity or equity related instruments of European companies with an emphasis on larger companies. The Fund shall primarily invest (at least 70% of the net asset value of the Fund) in equity or equity related instruments of companies with their registered office in a European country or with their registered office outside of Europe but carrying out their business activities predominantly in Europe or holding companies, the interests of which are predominantly invested in companies with their registered office in a European country. There is no predetermined geographical distribution and a flexible policy will be adopted on weighting driven predominantly by views on individual companies as well as overall economic or business considerations.

Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, equity and equity related instruments issued by companies and other entities not meeting the above requirement or debt securities (including convertible debt) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).










Concentration risk -- As the Fund will invest primarily in equity or equity related instruments of European companies, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

37

Invesco Pan European Equity Fund

3



How has the Fund performed? The Fund Manager views Class A accumulation - EUR (the “Share


Fund launch date: 02 January 1991. Share Class launch date: 02 January 1991. The base currency of the Fund is EUR. Past performance of the Share Class is calculated in EUR. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A





%

-50

-25

0

25

50

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class -1.8 -42.3 34.1 14.7 -8.6 20.8 33.5 3.2 7.4 0.8

38


Risk of Eurozone crisis -

Risk of investing in financial derivative instruments (“FDI”) for efficient portfolio management and hedging purposes

How has the Fund performed?

Is there any guarantee?


Fee What you pay


4






Up to 0.0075%

Performance fee N/A




* The fees can be increased subject to the prior approval of the Securities and Futures Commission (“SFC”) and by giving not less than three months’ prior notice to the investors.

Other fees


Additional Information You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-







39

1




QQuick FFacts


IInvestment MManager:: Invesco Asset Management Limited, located in the UK. (Internal delegation)

BBase Currency: Euro




OOngoing charges Class A accumulation – EUR 2.02%+ oover a year: Class A annual distribution – USD 2.02%+ Class B accumulation – EUR 2.92%+ Class A (USD Hedged) accumulation – USD 2.02%+ Class C (USD Hedged) accumulation – USD 1.42%+ Class C accumulation – EUR 1.42%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided



MMinimum Investment/ Minimum Subscription Amount: SShare class AA BB CC IInitial (in any of the ddealing currencies llisted in the AApplication Form)




AAdditional - - -

WWhat is this product? Invesco Pan European Small Cap Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The Fund aims to provide long-term capital growth primarily (at least 70% of the net asset value of the Fund) from a portfolio of investments in smaller companies of any European stock market. The Fund may on occasion invest in special situations such as recovery stocks, takeover situations and, in due course, the emerging markets of Eastern Europe. The Fund aims to limit risk by investing in a broader spread of companies than might be usual in a conventional portfolio.

PPRODUCT KEY FACTSS IInvesco Pan European Small Cap Equity Fundd



40

IInvesco Pan European Small Cap Equity Fund

2











Concentration risk - As the Fund will invest primarily in smaller companies of any European stock markets, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.


41

IInvesco Pan European Small Cap Equity Fund

3


HHow has the FFuund performed?? The Fund Manager views Class A accumulation - EUR (the “Share


Fund launch date: 02 January 1991. Share Class launch date: 02 January 1991. The base currency of the Fund is EUR. Past performance of the Share Class is calculated in EUR. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A




The CDSC will be calculated by reference to the lesser of (i) the current market value (based on the net asset value per share ruling on the date of redemption); or (ii) the acquisition cost of the B shares being redeemed.

%

-75

-50

-25

0

25

50

75

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class -3.6 -62.7 55.6 27.2 -14.7 23.9 36.0 0.9 26.2 -6.9

42

Invesco Pan European Small Cap Equity Fund IInvesco Pan European Small Cap Equity Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees









43

1


TThis statement provides you with key information about this product. This statement is a part of the Prospectus and should be read in conjunction


QQuick Faacts







OOngoing charges Class A accumulation – EUR 2.00%+ oover a year: Class C accumulation – EUR 1.50%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.


MMinimum Investment/ Minimum Subscription Amount: SShare class AA CC IInitial (in any of the ddealing currenciesllisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco European Growth Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The Fund’s investment objective is long-term capital growth. The Fund seeks to meet its objective by investing primarily (at least 70% of its net asset value of the Fund) in equity and equity related securities of European companies. The following are considered European companies: (i) companies having their registered office in a European country, (ii) companies with their registered office outside Europe carrying out their business activities predominantly in Europe, or (iii) holding companies, the interests of which are predominantly invested in companies with their registered office in a European country.

PPRODUCT KEY FACTSS Invesco European Grrowth Equity Fundd



44

IInvesco European Growth Equity Fund

2

Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, equity and equity related securities issued by companies and other entities not meeting the above requirements or in debt securities (including convertible bonds) of issuers worldwide. The Fund may also invest on an ancillary basis in securities and money market instruments listed on the Moscow Exchange. Any investment in securities and money market instruments listed on Russian stock exchanges and dealt on Russian markets not qualifying as Regulated Markets will (together with other assets qualifying under 7.1. (General Restrictions) I (2) of the Prospectus) not exceed 10% of the net asset value of the Fund. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible bonds).


The Investment Manager focuses on companies that have experienced above-average long-term growth in earnings and have strong prospects for future growth. In selecting countries in which the Fund will invest, the Investment Manager also considers such factors as the prospect for relative economic growth among countries or regions, economic or political conditions, currency exchange fluctuations, tax considerations and the liquidity of a particular security. The Investment Manager considers whether to sell a particular security when any of these factors materially changes. The Fund will invest without regard to market capitalization.




Currency exchange risk - The Fund’s assets may be invested in securities denominated in currencies other than the base currency of the Fund. Also, a class of shares may be designated in a currency other than the base currency of the Fund. The net asset value of the Fund may be affected unfavorably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.



Concentration risk -- As the Fund will invest primarily in equity and equity related securities of European companies, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.


45

IInvesco European Growth Equity Fund

3

Risk of investing in financial derivative instruments (“FDI”) for efficient portfolio management and hedging purposes -- Investments of the Fund may be composed of FDI used for efficient portfolio management or to attempt to hedge or reduce the overall risk of its 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.

HHow has the FFuund pperformed?? The Fund Manager views Class A accumulation - EUR (the “Share


Fund launch date: 30 June 2004. Share Class launch date: 30 June 2004. The base currency of the Fund is EUR. Past performance of the Share Class is calculated in EUR. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A

%

-50

-25

0

25

50

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 4.0 -46.0 34.4 18.7 -3.7 18.3 19.0 6.0 15.4 -1.0

46

Invesco European Growth Equity Fund IInvesco European Growth Equity Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees









47

1




Quick Facts


Investment Manager: Invesco Asset Management Limited, located in the UK. (Internal delegation)

Base Currency: Euro




Ongoing charges Class A accumulation – EUR 1.72%+ over a year: Class A semi-annual distribution – EUR 1.72%+ Class C accumulation – EUR 1.12%+ Class A semi-annual distribution – gross income – EUR 1.72%+

Class A (AUD hedged) monthly distribution-1 – AUD 1.72%^ Class A (CAD hedged) monthly distribution-1 – CAD 1.72%^ Class A (NZD hedged) monthly distribution-1 – NZD 1.72%^ Class A (USD hedged) monthly distribution-1 – USD 1.72%^

Class A (USD hedged) accumulation - USD 1.72%^ ^ As the share class has recently been established, the ongoing charges figure is estimated based on the expected annualised total of charges expressed as a percentage of the average net asset value over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

+ The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

Dividend Policy: Net Income distribution (Dividends, if any, will be paid to the investors) Gross Income distribution (Dividends, if any, will be paid to investors)#

Accumulation (Dividends, if any, will be re-invested into the Fund) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) # The SICAV may at its discretion pay dividend out of gross income while paying all or part

of the share class’ fees and expenses out of the capital of the share class, resulting in an increase in distributable income for the payment of dividends by the share class and therefore, the share class may effectively pay dividend out of capital and may reduce the net asset value per share of this share class immediately after the relevant distribution date.

PRODUCT KEY FACTSInvesco Pan European Equity Income Fund



48



Quick Facts

Fund Manager/ Management Company:

Investment Manager:

Base Currency:

Custodian (Depositary):

Dealing Frequency:

Financial Year End:

Ongoing charges over a year:

Dividend Policy:

PRODUCT KEY FACTSInvesco Pan European Equity Income Fund Invesco Pan European Equity Income Fund

2

Minimum Investment/ Minimum Subscription Amount: Share class A C Initial (in any of the dealing currencies listed in the Application Form)



Additional - -

What is this product? Invesco Pan European Equity Income Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

Objectives and Investment Strategy The Fund aims to generate income together with long-term capital growth, through investing primarily in European equities. The Fund will seek to deliver an above-average gross dividend yield. At least 75% of the net asset value of the Fund shall be invested in equity and equity related securities which in the view of the Investment Manager offer or reflect prospects for dividends and are issued by: (i) companies having their registered office in a European country, (ii) companies with a registered office outside Europe carrying out their business activities predominantly in Europe, or (iii) holding companies, the interests of which are predominantly invested in subsidiary companies with a registered office in a European country.

Up to 25% in aggregate of the net asset value of the Fund may be invested in cash and cash equivalents, money market instruments, equity and equity related securities issued by companies or other entities not meeting the above requirements or in debt securities (including convertible bonds) of issuers worldwide.







49

Invesco Pan European Equity Income Fund

3




Concentration risk - As the Fund will invest primarily in the equity and equity related securities of European companies, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.





- For Monthly Distribution-1 share classes that are currency hedged, the Fund may take into account the return driven by the interest rate differential between the currency in which the hedged Monthly Distribution-1 share class is denominated and the base currency of the Fund in determining the distribution to be paid. Investors should be aware that the uncertainty of relative interest rates which will have an impact on the return of the hedged Monthly Distribution-1 share class. The net asset value of the Monthly Distribution-1 hedged share class may fluctuate and may significantly differ from other share class due to the fluctuation of the interest rate differential between the currency in which the hedged Monthly Distribution-1 share class is denominated and the base currency of the Fund, and may result in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged share class. Investors in such share class may therefore be adversely affected.

50


Volatility risk -

Equities risk

Concentration risk -


Risk of investing in financial derivative instruments (“FDI”) for efficient portfolio management and hedging purposes -



4

How has the Fund performed? The Fund Manager views Class A semi-annual distribution - EUR

(the “Share Class”), being the focus share class of the Fund available to the public of Hong Kong, as the most appropriate representative unit class.

Fund launch date: 31 October 2006. Share Class launch date: 31 October 2006. The base currency of the Fund is EUR. Past performance of the Share Class is calculated in EUR. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A

%

-50

-25

0

25

50

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 0.6 -36.9 18.4 6.3 -5.7 21.5 32.0 7.5 14.7 -1.4

51


5






Up to 0.0075%

Performance fee N/A





Other fees


Additional Information The compositions of the dividends (i.e. the relative amounts paid out of (i) net distributable income and (ii) capital)



The net asset value of the Fund is calculated on each “Business Day” as defined in the Prospectus and the price of shares is published each Hong Kong business day (i.e. a day on which banks in Hong Kong are open for normal banking business) at www.invesco.com.hk. This website has not been reviewed by the SFC.


Investors may obtain other information of this product at www.invesco.com.hk. This website has not been reviewed by the SFC



52




Other fees

Additional Information

Important

1




Quick Facts


Investment Manager: Invesco Asset Management Limited, located in the UK. (Internal delegation)

Base Currency: US Dollar




Ongoing charges Class A accumulation – USD 2.16%+ over a year: Class B accumulation – USD 3.16%+ Class C accumulation – USD 1.66%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

Dividend Policy: Accumulation (Dividends, if any, will be re-invested into the Fund)





Additional - - -

What is this product? Invesco Emerging Europe Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

Objectives and Investment Strategy The Fund aims to achieve long-term capital growth by investing primarily (at least 70% of its net asset value) in equity and equity related securities (excluding convertibles or bonds with warrants attached) of companies in emerging European markets. For the purpose of the Fund, companies in emerging European markets are considered to refer to: (i) companies having their registered office in an emerging European country, (ii) companies established or located in countries outside of emerging Europe but carrying out their business activities predominantly in emerging European countries, or (iii) holding companies the interests of which are predominantly invested in equity of companies having their registered office in an emerging European country.

Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, equity and equity related securities issued by companies or other entities not meeting the above requirements or in debt securities (including convertible bonds) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible bonds).

PRODUCT KEY FACTSInvesco Emerging Europe Equity Fund



53

Invesco Emerging Europe Equity Fund

2


No restrictions as regards investing in particular countries apply and accordingly the assets of the Fund may be invested primarily in one or a limited number of target countries.

For the purposes of the Fund, the Investment Manager has defined emerging European markets as including (but not limited to) the following countries: Estonia, Latvia, Lithuania, Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Slovenia, Israel, Greece, Turkey, Russia, Kazakhstan, Turkmenistan, Croatia and the Ukraine.







Concentration risk - As the Fund will invest primarily in equity and equity related securities of companies in emerging European markets, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.



- Investment in emerging market countries may exhibit higher risk as the securities markets of emerging market countries are not as large as the more established securities markets and have substantially less trading volume.


54



General investment risk -

Currency exchange risk -

Volatility risk -

Equities risk -

Concentration risk -




3

Risk associated with investment in Russia and Ukraine - There are significant risks inherent in investing in Russia and Ukraine including: (a) delays in settling transactions and the risk of loss arising out of Russia’s and Ukraine’s system of securities registration and custody; (b) the lack of corporate governance provisions or general rules or regulations relating to investor protection; (c) pervasiveness of corruption, insider trading, and crime in the Russian and Ukrainian economic systems; (d) difficulties associated in obtaining accurate market valuations of many Russian and Ukrainian securities, based partly on the limited amount of publicly available information; (e) tax regulations are ambiguous and unclear and there is a risk of imposition of arbitrary or onerous taxes; (f) the general financial condition of Russian and Ukrainian companies, which may involve particularly large amounts of inter-company debt; (g) banks and other financial institutions are not well developed or regulated and as a result tend to be untested and have low credit ratings and (h) political and economic instability which can impact the valuation of investments in Russia and Ukraine; (i) Russian and Ukrainian markets may lack liquidity and exhibit high price volatility meaning that the accumulation and disposal of holdings in some investments may be time consuming and may need to be conducted at unfavourable prices.


How has the Fund performed? The Fund Manager views Class A accumulation - USD (the “Share


Fund launch date: 02 January 1991. Share Class launch date: 09 August 1999. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges







%

-75

-50

-25

0

25

50

75

100

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 33.6 -69.0 79.6 23.8 -27.6 24.4 3.4 -34.7 -1.3 30.8

55


4



Fee What you pay




Redemption fee N/A










Up to 0.0075%

Performance fee N/A





Other fees


56



Fee What you pay



Other fees


5

Additional Information You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-







57

1


TThis statement provides you with key information aabout tthis product. TThis statement is a part of the Prospectus and should be read in conjunction

with the Prospectus. YYou should not invest in this product based onn this statement alone.

QQuick Facts







OOngoing charges Class A accumulation – EUR 1.68%+ oover a year: Class A (USD hedged) accumulation – USD 1.68%^ Class C accumulation – EUR 1.08%+ Class C (USD hedged) accumulation – USD 1.08%^ ^ As the share class has been recently launched, the ongoing charges figure is estimated based on the expected annualised total of charges expressed as a percentage of the average net asset value over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.



MMinimum Investment/ Minimum Subscription Amount: SShare class AA CC IInitial (in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Euro Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PPRODUCT KEY FACTSS Invesco Euro Equity FFundd



58

IInvesco Euro Equity Fund

2

OObjectives and IInvestment Strategy The objective of the Fund is to outperform the MSCI EMU Index- NR (EUR) in the long term.

The Fund seeks to achieve its objective through an active allocation to Euro Zone equities. At least 90% of the Fund’s net asset value will gain exposure to equities of Euro Zone markets. Furthermore, at least 75% of its net asset value will be invested in companies that have their registered office in a Member State of the European Union.

Up to 10% of the net asset value of the Fund may be invested in equity securities registered in the countries of the European Union that do not belong to the Euro Zone, as well as Switzerland, Norway and Iceland and/or, debt securities and money market instruments issued by a country of the Euro Zone and rated as investment grade.

The Fund may invest up to 10% of its net asset value in small capitalisation companies.

For the above purposes, the reference to “Euro Zone” means countries that have adopted the Euro as their primary common currency, the reference to “small capitalization companies” means companies of a market capitalization at the time of investment of less than €1 billion (by reference to the bottom 10% capitalisation of the MSCI EMU Index- NR (EUR)) and the reference to “investment grade” means having a credit rating of Baa or above by Moody’s, BBB or above by Standard & Poor’s rating agency, BBB or above by Fitch or an equivalent credit rating by another recognized rating agency.










59

IInvesco Euro Equity Fund

3

Concentration risk - As the Fund will invest primarily in Euro Zone equities, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.



HHow has the FFuund performed?

-50

-25

0

25

50

Share Class

%

Index

2007 2008 2009 2010 2011 2012 2013 2014 2015 20160.9 -38.7 25.9 8.7 -15.1 18.5 40.3 4.9 15.8 6.83.2 -43.3 32.6 9.1 -14.9 19.3 23.4 4.3 9.8 4.4

The historical performance shown in the chart above prior to 02 October 2015 has been simulated based on the performance of a share class with the same features (e.g. investment objectives and strategy, risk profiles and fee structure) of another fund, which was merged into the Fund on that date.

The Fund Manager views Class A accumulation - EUR (the “Share Class”), being the focus share class of the Fund available to the public of Hong Kong, as the most appropriate representative unit class.





decreased in value during the calendar year being shown. The benchmark of the Fund is MSCI EMU Index- NR (EUR).




Fee What you pay

Subscription fee / Initial charge



Redemption fee N/A

60

Invesco Euro Equity Fund IInvesco Euro Equity Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees


AAdditiional Information

You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-Distributor and Representative, Invesco Asset Management Asia Limited, receives your request in good order on or before 5:00 pm, Hong Kong time, being the Fund's dealing cut-off time. Before placing your subscription or redemption orders, please check with your distributor for the distributor’s internal cut-off time (which may be earlier than the Fund’s dealing cut-off time).






61

1



with the Prospectus. YYou should not invest in this product basedd on this statement alone.

QQuick Facts


IInvestment MManager:: Invesco Asset Management (Japan) Limited, located in Japan. (Internal delegation)

BBase Currency: Japanese Yen

CCustodian ((Depositarry):: The Bank of New York Mellon (International) Limited, Luxembourg Branch



OOngoing charges Class A (USD hedged) accumulation – USD 2.12%+ oover a year: Class A accumulation – JPY 2.12%+ Class A annual distribution – USD 2.12%+ Class B accumulation – JPY 3.02%+ Class C accumulation – JPY 1.52%+ Class C annual distribution – USD 1.52%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy: Net income distribution (Dividends, if any, will be paid to the investors) Accumulation (Dividends, if any, will be re-invested into the Fund)

MMinimum Investment/ Minimum Subscription Amount: SShare class AA BB CC

IInitial (in any of the ddealing currencies llisted in the AApplication Form)




AAdditional - - -

WWhat is this product? Invesco Nippon Small/Mid Cap Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to achieve long-term capital growth by investing in small to medium sized Japanese companies and to a lesser extent in large Japanese companies. The Fund will primarily invest (at least 70% of the Fund’s net asset value) in equity or equity-related securities of small or mid cap Japanese companies. For the present purposes, Japanese companies shall mean (i) companies having their registered office in Japan, (ii) companies with their registered office outside Japan carrying out their business activities predominantly in Japan, or (iii) holding companies, the interests of which are predominantly invested in companies with their registered office in Japan. For the present purposes, small and mid cap companies shall mean companies whose market capitalisation shall not exceed bottom half of total market capitalisation in Japan.

PPRODUCT KEY FACTSS IInvesco Nippon Small/Mid Cap Equity Fundd



62

IInvesco Nippon Small/Mid Cap Equity Fund

2

Up to 30% of the net asset value of the Fund may be invested in cash and cash equivalents, money market instruments, equity and equity related instruments issued by companies or other entities not meeting the above requirement or debt securities (including convertible debt) of Japanese companies of any size. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).









Equities risk - The value of, and income derived from, equity securities held may fall as well as rise and the Fund may not recoup the original amount invested in such securities. The prices of and the income generated by equity securities may decline in response to certain events, including the activities and results of the issuer, general political,economic and market conditions, regional or global economic instability and currency and interest rate fluctuations. Thus, this may adversely impact the Fund and/or the interests of investors.


Concentration risk

- As the Fund will invest primarily in small to medium sized Japanese companies, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

- The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event and natural disaster affecting the Japanese market.

63

IInvesco Nippon Small/Mid Cap Equity Fund

3


HHow has the FFuund performed?? The Fund Manager views Class A accumulation - JPY (the “Share


Fund launch date: 02 January 1991. Share Class launch date: 02 January 1991. The base currency of the Fund is JPY. Past performance of the Share Class is calculated in JPY. Performance is calculated after deduction of ongoing charges







WWhat are the fees and chargess? CCharges which may be payable by you


Fee What you pay




Redemption fee N/A





%

-50

-25

0

25

50

75

100

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class -16.4 -41.0 12.7 -8.4 -13.1 4.4 99.6 -2.3 2.0 13.2

64

Invesco Nippon Small/Mid Cap Equity Fund IInvesco Nippon Small/Mid Cap Equity Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees









65

1



with the Prospectus. YYou should not invest in this product based on this statement alone.

QQuick FFaacts







OOngoing charges Class A (EUR hedged) accumulation – EUR 1.72%+ oover a year: Class A accumulation – JPY 1.72%+ Class A annual distribution – EUR 1.72%+ Class C accumulation – JPY 0.95%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided



MMinimum Investment/ MMinimum SSubscription Amount:: SShare class AA CC IInitial (in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Japanese Equity Advantage Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The investment objective of the Fund is to seek long-term capital appreciation, measured in Yen, through investment primarily (at least 70% of the net asset value of the Fund) in the equity securities of companies domiciled in or exercising the predominant part of their economic activity in Japan and which are listed on any exchanges or over-the-counter markets.

PPRODUCT KEY FACTSS Invesco Japanese Equity Advantage FFundd



66

IInvesco Japanese Equity Advantage Fund

2

The Fund will invest in companies who make advantageous use not only of their capital but also of their intangible assets (for example, but not limited to, brand values, technical development or strong customer base). The Fund may also invest, on an ancillary basis, in debt securities convertible into common shares and other equity linked instruments. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities convertible into common shares.










Concentration risk

- As the Fund will invest primarily in the equity securities of companies domiciled in or exercising the predominant part of their economic activity in Japan, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.



67

IInvesco Japanese Equity Advantage Fund

3

HHow has the FFuund pperformed?? The Fund Manager views Class A accumulation - JPY (the “Share


Fund launch date: 30 June 2011. Share Class launch date: 30 September 2011. The base currency of the Fund is JPY. Past performance of the Share Class is calculated in JPY. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A






Up to 0.0075%

Performance fee N/A





-50

-25

0

25

50

75

Share Class

%

2012 2013 2014 2015 201624.9 50.6 12.8 9.6 1.9

68

Invesco Japanese Equity Advantage Fund IInvesco Japanese Equity Advantage Fund

4

OOther fees









69

1




QQuick FFacts







OOngoing charges Class A (EUR hedged) accumulation – EUR 1.89%+ oover a year: Class A accumulation – JPY 1.89%+ Class A annual distribution – USD 1.89%+ Class A semi-annual distribution – JPY 1.89%+ Class A (USD hedged) accumulation – USD 1.89%^ Class C (EUR hedged) accumulation – EUR 1.13%+ Class C accumulation – JPY 1.13%+ Class C annual distribution – USD 1.13%+ ^ As the share class has recently been established, the ongoing charges figure is estimated based on the expected annualised total of charges expressed as a percentage of the average net asset value over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.



MMinimum Investment/ MMinimum SSubscription Amounnt:: SShare class AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Japanese Value Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PPRODUCT KEY FACTSS IInvesco Japanese Value Equity Fundd



70

IInvesco Japanese Value Equity Fund

2

OObjectives and Investment SStrategy The investment objective of the Fund is to seek long-term capital appreciation, measured in Yen, through investment in the securities of companies listed on the exchanges and over-the-counter markets in Japan.

The Fund is primarily (at least 70% of the net asset value of the Fund) invested in the equity securities of Japanese companies, but may also invest in debt securities convertible into common shares and other equity linked instruments. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities convertible into common shares.










Concentration risk

- As the Fund will invest in the securities of companies listed on the exchanges and over-the-counter markets in Japan, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.


71

IInvesco Japanese Value Equity Fund

3


HHow has the FFuund pperformed?? The Fund Manager views Class A accumulation - JPY (the “Share


Fund launch date: 30 June 2011. Share Class launch date: 30 September 2011. The base currency of the Fund is JPY. Past performance of the Share Class is calculated in JPY. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A

-50

-25

0

25

50

75

Share Class

%

2012 2013 2014 2015 201615.6 51.4 9.2 12.5 0.1

72

Invesco Japanese Value Equity Fund IInvesco Japanese Value Equity Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees




The net asset value of this Fund is calculated each “Business Day” as defined in the Prospectus and the price of shares is published each Hong Kong business day (i.e. a day on which banks in Hong Kong are open for normal banking business) at www.invesco.com.hk. This website has not been reviewed by the SFC.





73

1


TThis statement provides you with key information about this product. TThis statement is a part of the Prospectus and should be read in conjuncction


QQuick FFaacts


IInvestment MManager:: Invesco Hong Kong Limited, located in Hong Kong. (Internal delegation)





OOngoing charges Class A accumulation – USD 2.06%+ oover a year: Class B accumulation – USD 2.96%+ Class C accumulation – USD 1.46%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.






AAdditional - - -

WWhhat is this product? Invesco Asia Opportunities Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strrategy The Fund aims to provide long-term capital growth from a diversified portfolio of investments in Asian companies, with the potential for growth, including investments in small to medium-sized companies with a market capitalisation of less than US$1 billion. The Fund shall invest primarily (at least 70% of the net asset value of the Fund) in equity or equity related securities issued by companies with their registered office in an Asian country or with their registered office outside of Asia but carrying out their business activities predominantly in Asia or holding companies, the interests of which are predominantly invested in companies with their registered office in an Asian country.

PPRODUCT KEY FACTSS IInvesco Asia Opportunities Equity Fundd



74

IInvesco Asia Opportunities Equity Fund

2

Up to 30% of the net asset value of the Fund may be invested in cash and cash equivalents, money market instruments, equity and equity related instruments issued by companies and other entities not meeting the above requirement or debt securities (including convertible debt) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).


Investments in China A Shares and China B Shares shall not exceed 10% of the net asset value of the Fund (including exposure through Invesco’s Qualified Foreign Institutional Investor quota or Stock Connect, participation notes, equity-linked notes or similar China A Shares access products).

The Fund will have a flexible approach to country allocation covering investments in Asia including the Indian subcontinent but excluding Japan and Australasia.

There is no requirement as to the geographical spread of the Fund’s investments. Investors should not assume that the assets of the Fund will at all times include investments from each country in the Asia region.




Currency eexchange rrisk - The Fund’s assets may be invested in securities denominated in currencies other than the base currency of the Fund. Also, a class of shares may be designated in a currency other than the base currency of the Fund. The net asset value of the Fund may be affected unfavorably by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.



Risk of investing in smaller companies -- Investment in smaller companies may involve greater risks and thus may be considered speculative. Many small company stocks trade less frequently and in smaller volumes and may be subject to more abrupt or erratic price movements than stocks of larger companies. The securities of small companies may also be more sensitive to market changes than securities in large companies. As such, this may adversely impact the Fund and/or the interests of investors.

Concentration risk -- As the Fund will invest primarily in equity or equity related securities issued by Asian companies, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.


- Investment in emerging market countries in Asia may exhibit higher risk as the securities markets of emerging market countries are not as large as the more established securities markets and have substantially less trading volume.

75

IInvesco Asia Opportunities Equity Fund

3





Fund launch date: 03 March 1997. Share Class launch date: 09 August 1999. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A





%

-75

-50

-25

0

25

50

75

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 42.7 -51.3 59.2 16.9 -20.1 19.4 0.5 8.9 -2.7 -0.2

76

Invesco Asia Opportunities Equity Fund IInvesco Asia Opportunities Equity Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees









77

1




QQuick FFaacts







OOngoing charges Class A (AUD hedged) accumulation – AUD 1.97%+ oover a year: Class A (EUR hedged) accumulation – EUR 1.97%+ Class A (NZD hedged) accumulation – NZD 1.97%+ Class A accumulation – USD 1.97%+ Class B accumulation – USD 2.87%+ Class C (EUR hedged) accumulation – EUR 1.37%+ Class C accumulation – USD 1.37%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend PPolicy: Accumulation (Dividends, if any, will be re-invested into the Fund) MMinimum Investment/ Minimum Subscription Amount: SShare class AA BB CC IInitial (in any of the ddealing currencies llisted in the AApplication Form)




AAdditional - - -

WWhat is this product? Invesco Greater China Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PPRODUCT KEY FACTSS Invesco Greater China Equity FFundd



78

IInvesco Greater China Equity Fund

2

OObjectives and Investment Strategy The objective of the Fund is to achieve long-term capital growth by investing in securities of Greater China. The Fund shall primarily invest (at least 70% of the net asset value of the Fund) in equity or equity-related securities issued by (i) companies and other entities having their registered office in Greater China, their governments or any of their respective agencies or instrumentalities or any local government, (ii) companies and other entities located outside Greater China carrying out their business activities principally (50% or more by revenue, profit, assets or production) in Greater China, or (iii) holding companies, the interests of which are principally invested in subsidiary companies with a registered office in Greater China. Greater China refers to mainland China, Hong Kong SAR, Macau SAR and Taiwan.

Up to 30% of the net asset value of the Fund may be invested in cash and cash equivalents, money market instruments, equity and equity-related instruments issued by companies and other entities not meeting the above requirement or debt securities (including convertible debt) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).










79


3

Concentration risk

- As the Fund will invest primarily in securities of the Greater China, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

- The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event and natural disaster affecting the market in the Greater China region.




Risk associated with investment in China

- The Fund may invest in securities or instruments which have exposure to the Chinese market. Investors should note the differences in accounting and disclosure practices in China.

- The value of the Fund’s assets may be affected by uncertainties such as changes in government policies, taxation, currency repatriation restrictions, permitted foreign ownership levels, and other developments in the law or regulations of China.




Fund launch date: 15 July 1992. Share Class launch date: 15 July 1992. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges







%

-75

-50

-25

0

25

50

75

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 61.1 -51.5 69.2 13.1 -18.1 17.3 25.9 2.1 -5.5 4.5

80

Invesco Greater China Equity Fund IInvesco Greater China Equity Fund

4



Fee What you pay




Redemption fee N/A





OOnngoing fees payable by the Fund





Up to 0.0075%

Performance fee N/A





OOther fees


81


5








82

Invesco Greater China Equity Fund

1




QQuick FFaacts


IInvestment MManager:: Invesco Asset Management Singapore Limited, located in Singapore. (Internal delegation)





OOngoing charges Class A (EUR hedged) accumulation – EUR 2.02%+ oover a year: Class A accumulation – USD 2.02%+ Class A semi-annual distribution – USD 2.02%+

Class A (AUD hedged) monthly distribution-1 – AUD 2.02%+ Class A (CAD hedged) monthly distribution-1 – CAD 2.02%+ Class A (NZD hedged) monthly distribution-1 – NZD 2.02%+ Class A monthly distribution-1 – USD 2.02%+ Class C (EUR hedged) accumulation – EUR 1.42%+ Class C accumulation – USD 1.42%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.


Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date)




AAdditional - -

PPRODUCT KEY FACTSS IInvesco Asia Infrastructure Fundd



83

IInvesco Asia Infrastructure Fund

2

WWhat is this product? Invesco Asia Infrastructure Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The Fund aims to achieve long-term capital growth from investments in a diversified portfolio of Asian securities of issuers which are predominantly engaged in infrastructure activities. The Fund shall primarily invest (at least 70% of the net asset value of the Fund) in equity and debt securities denominated in any convertible currency issued by Asian companies predominantly active in the infrastructure sector.

“Asian companies” shall mean companies listed in an Asian stock market and having their registered office in an Asian country or established in other countries but carrying out their business activities predominantly in Asia or holding companies investing predominantly in equity of companies having their registered office in an Asian country.

Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, equity and equity related instruments or debt securities (including convertible debt) issued by companies and other entities not meeting the above requirement. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).










84

Invesco Asia Infrastructure Fund IInvesco Asia Infrastructure Fund

3



Concentration risk - As the Fund will invest primarily in Asian securities of issuers which are predominantly engaged in infrastructure activities, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.








85

IInvesco Asia Infrastructure Fund

4

HHow has the FFuund pperformed?? The Fund Manager views Class A semi-annual distribution - USD


Fund launch date: 31 March 2006. Share Class launch date: 31 March 2006. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A






Up to 0.0075%

Performance fee N/A





OOther fees


%

-75

-50

-25

0

25

50

75

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 74.4 -55.9 47.7 17.6 -17.3 10.9 -4.9 5.3 -7.0 -3.2

86

Invesco Asia Infrastructure Fund IInvesco Asia Infrastructure Fund

5









87

1




QQuick FFaacts

FFund Manager// Invesco Management S.A MManagement Company::






OOngoing charges Class A accumulation – HKD 2.15%+ oover a year: Class A annual distribution – USD 2.15%+ Class C annual distribution – USD 1.55%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.





AAdditionaal - -

WWhat is this product? Invesco India Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Sttrategy The objective of the Fund is to achieve long-term capital growth by investing principally in equity or similar instruments of Indian companies. The Fund shall primarily invest (at least 70% of the net asset value of the Fund) in equity and equity related securities issued by Indian Companies. For the present purposes, Indian Companies shall mean (i) companies having their registered office in India, (ii) companies located outside India carrying out their business activities predominantly in India, or (iii) holding companies, which are predominantly invested in companies with their registered office in India. Up to 30% of the net asset value of the Fund may be invested in cash and cash equivalents, money market instruments, equity and equity related securities issued by companies and other entities not meeting the above requirements or debt securities (including convertible debt) of issuers worldwide and denominated in any convertible currency. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).

PPRODUCT KEY FACTSS Invesco India Equity FFundd



88

IInvesco India Equity Fund

2


The Fund intends to invest in Indian securities by investing a substantial portion of its net assets in India through a wholly owned Mauritian subsidiary of the SICAV.


WWhat are the kkey risks? IInvestment involves risks. Please refer to the Prospectus for details including the risks factors.





Concentration risk

- As the Fund will invest primarily in equity or similar instruments of Indian companies, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

- The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event and natural disaster affecting the Indian market.




89

IInvesco India Equity Fund

3

EExchange Control Risks

- Rupee is currently not a freely convertible currency and is subject to foreign exchange control policies imposed by the Indian Government. Any unfavourable movements in the Rupee exchange rates as a result of exchange control or control of currency conversion may lead to price depreciation of the Fund’s assets, which may adversely affect the net asset value of the Fund.

- The foreign exchange control policies imposed by the Indian Government are subject to change, and may have an adverse impact on the Fund and its investors.


HHow has the FFuund pperrformed?? The Fund Manager views Class A annual distribution - USD (the








IIs there anyy guarantee? The Fund does not have any guarantees. You may not get back the full amount of money you invest.



Fee What you pay




Redemption fee N/A

%

-75

-50

-25

0

25

50

75

100

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 74.8 -66.8 89.6 26.9 -35.1 24.9 -3.0 35.7 4.8 -0.7

90

Invesco India Equity Fund IInvesco India Equity Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees









91

1




QQuick FFaacts







OOngoing charges Class A (EUR hedged) accumulation – EUR 2.01%+ oover a year: Class A accumulation – USD 2.01%+ Class A semi-annual distribution – USD 2.01%+ Class C (EUR hedged) accumulation – EUR 1.41%+ Class C accumulation – USD 1.41%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy:: Net Income distribution (Dividends, if any, will be paid to the investors) Accumulation (Dividends, if any, will be re-invested into the Fund)




AAdditional - -

WWhat is this product? Invesco Asia Consumer Demand Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to achieve long-term capital appreciation by investing primarily (at least 70% of the net asset value of the Fund) in equity securities of Asian companies whose business is likely to benefit from, or is related to growth in domestic consumption in Asian economies, excluding Japan. For the purposes of the Fund, “Asian companies” shall mean (i) companies having their registered office in an Asian country (ii) companies established or located in countries outside of Asia but carrying out their business activities predominantly in Asia, or (iii) holding companies the interests of which are predominantly invested in equity of companies having their registered office in an Asian country.

PPRODUCT KEY FACTSS IInvesco Asia Consumer Demand Fundd



92

IInvesco Asia Consumer Demand Fund

2

Asian companies whose business will benefit from, or is related to growth in domestic consumption include (but is not limited to):

-- companies predominantly engaged in the production, distribution, marketing or retail sale of consumer nondurables or durables, such as food, beverages, household products, apparel, cosmetics, tobacco, consumer electronics and electrical appliances, automobiles and companies in the information technology sector which are considered to benefit from the trend of rising domestic consumption.

-- companies primarily engaged in the development and management of properties including (but not limited to) residential properties, hotels, resorts and shopping malls). The Fund may invest directly in closed ended listed real estate investment trusts (“REITs”).

-- companies which benefit from growing disposable income and increasing demand for consumer related services such as travel, media, healthcare, utilities and telecommunications as well as insurance companies and financial services related companies.

Up to 30% of the net asset value of the Fund may be invested in cash and cash equivalents, money market instruments, equity and equity related instruments issued by companies or other entities not meeting the above requirement or debt securities (including convertible debt) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).










93


3


Liquidity risk - The Fund may be adversely affected by a decrease in market liquidity for the securities in which it invests where some of the Fund’s securities may become illiquid and the Fund may experience difficulties in selling securities at a fair price within a timely manner.

Concentration risk - As the Fund will invest primarily in Asian companies whose business is likely to benefit from, or is related to growth in domestic consumption in Asian economies, excluding Japan, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

Risk of investing in REITs

- The Fund does not invest directly in real estate and insofar as it directly invests in REITs, any dividend policy or dividend payout at the Fund level may not be representative of the dividend policy or dividend payout of the relevant underlying REIT. The relevant underlying REIT may not necessarily be authorised by the CSSF and/or the Securities and Futures Commission (“SFC”) in Hong Kong.

- Please note that the Fund is authorised under the SFC’s Code on Unit Trusts and Mutual Funds and not under the SFC’s Code on Real Estate Investment Trusts. CSSF and/or SFC authorisation does not imply official approval or recommendation.





HHow has the FFuund pperformed?? The Fund Manager views Class A semi-annual distribution - USD


Fund launch date: 25 March 2008. Share Class launch date: 25 March 2008. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges and

is inclusive of gross income reinvested. Any entry/exit charges shown are excluded from the calculation.





%

-25

0

25

50

75

Share Class2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

73.6 20.4 -19.5 21.6 6.4 4.0 -9.4 -2.4

94

Invesco Asia Consumer Demand Fund IInvesco Asia Consumer Demand Fund

4




Fee What you pay




Redemption fee N/A






Up to 0.0075%

Performance fee N/A





OOther fees


95


5

AAdditional Infformation You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-







96

Invesco Asia Consumer Demand Fund

1




QQuick FFaacts







OOngoing charges Class A accumulation – USD 2.23%+ oover a year: Class C accumulation – USD 1.63%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided






AAdditional - -

WWhat is this product? Invesco China Focus Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PPRODUCT KEY FACTSS Invesco CChina Focus Equity Fundd



97

IInvesco China Focus Equity Fund

2

OObjectives and Investment Strategy The objective of the Fund is to achieve long term capital growth by investing in equity or equity related securities of companies with exposure to China. The Investment Manager will seek to invest the Fund’s assets primarily (at least 70% of the net asset value of the Fund) in listed equity or equity-related securities issued by (i) companies and other entities having their registered office in China, or (ii) companies and other entities located outside China carrying out business activities predominantly in China, or (iii) holding companies, the interests of which are predominantly invested in subsidiary companies with a registered office in China.

Up to 20% of the net asset value of the Fund may be exposed to China A shares, of which no more than 10% of the net asset value of the Fund may be direct investment in China A shares listed on the Shanghai or Shenzhen Stock Exchanges through Invesco’s Qualified Foreign Institutional Investor (“QFII”) quota or via Stock Connect. Furthermore, no more than 10% of the net asset value of the Fund may be through participation notes, equity-linked notes, swaps or similar China A shares access products.


The Fund may also invest in cash and cash equivalents, equity and equity-related securities issued by companies or other entities not meeting the above requirements or debt securities of issuers worldwide.








Concentration risk

- As the Fund will invest primarily in the securities of companies with exposure to China, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

- The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event and natural disaster affecting the Chinese market.

98

Invesco China Focus Equity Fund IInvesco China Focus Equity Fund

3




Risk associated with investment in China

- The Fund may invest in securities or instruments which have exposure to the Chinese market. Investors should note the differences in accounting and disclosure practices in China.

- The value of the Fund’s assets may be affected by uncertainties such as changes in government policies, taxation, currency repatriation restrictions, permitted foreign ownership levels, and other developments in the law or regulations of China.











WWhatt are the fees and charges? CCharges which may be payable by you


Fee What you pay




Redemption fee N/A

%

-10

0

10

20

30

2012 2013 2014 2015 2016Share Class 22.2 26.6 -0.3 1.4 -0.5

99

IInvesco China Focus Equity Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees









100

Invesco China Focus Equity Fund

1




QQuick FFaacts







OOngoing charges Class A accumulation – USD 1.88%+ oover a year: Class B accumulation – USD 2.88%+ Class C accumulation – USD 1.38%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.






AAdditional - - -

WWhaat is this product? Invesco Global Leisure Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The Fund aims to achieve long-term capital growth from an international portfolio of investments in companies predominantly engaged in the design, production or distribution of products and services related to the leisure time activities of individuals, which can include automobile, household construction and durables, media and internet companies and other companies engaged in meeting the demands of consumers.

The Fund will primarily invest (at least 70% of the Fund’s net asset value) in the equity securities of such companies. Up to 30% of the Fund’s net asset value may be held as cash and cash equivalents, money market securities or invested in debt (including convertible debt) or equity securities issued by companies not meeting the above requirements. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).

PPRODUCT KEY FACTSS Invesco Global Leisure FFundd A sub-fund of Invesco Funds (SICAV)


101

IInvesco Global Leisure Fund

2








Concentration risk – As the Fund will invest primarily in companies predominantly engaged in the design, production or distribution of products and services related to the leisure time activities of individuals, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

Risk of investing in financial derivative instruments ((“FDI”) for efficient portfolio management and hedging purposes - Investments of the Fund may be composed of FDI used for efficient portfolio management or to attempt to hedge or reduce the overall risk of its 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.

102

Invesco Global Leisure Fund IInvesco Global Leisure Fund

3



Fund launch date: 03 October 1994. Share Class launch date: 03 October 1994. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges







WWhat are the ffees and charges? CCharges which may be payable by you


Fee What you pay




Redemption fee N/A





%

-50

-25

0

25

50

75

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class -2.0 -44.8 33.9 17.3 -5.6 22.5 52.8 7.6 1.8 9.1

103

IInvesco Global Leisure Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees


AAdditional IInformation You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-


The net asset value of the Fund is calculated each “Business Day” as defined in the Prospectus and the price of shares is published each Hong Kong business day (i.e. a day on which banks in Hong Kong are open for normal banking business) at www.invesco.com.hk. This website has not been reviewed by SFC.





104

Invesco Global Leisure Fund

1




QQuick FFaacts


IInvestment MManager:: Invesco Canada Limited, located in the Canada (Internal delegation)





OOngoing charges Class A (EUR hedged) accumulation – EUR 1.91%+ oover a year: Class A accumulation – HKD 1.91%+ Class A accumulation – USD 1.91%+ Class A annual distribution – USD 1.91%+ Class B accumulation – USD 2.91%+ Class C (EUR hedged) accumulation – EUR 1.41%+ Class C accumulation – USD 1.41%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.






AAdditional - - -

WWhat is thiss product? Invesco Energy Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PPRODUCT KEY FACTSS Invesco Energy FFundd



105

IInvesco Energy Fund

2

OObjectives and Investment Strategy The Fund aims to provide long-term capital growth by investing primarily (at least 70% of its net asset value) in an international portfolio of energy stocks, which include major oil companies, energy services, natural gas infrastructure companies and oil and gas exploration and production companies, as well as companies developing alternative energy sources. The Fund focuses on reasonably priced companies with above-average production volume growth and earnings, cash flow and asset value growth.

Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, equity and equity related instruments issued by companies or other entities not meeting the above requirement or debt securities (including convertible debt) of issuers worldwide. For the avoidance of doubt, less than 30% of the net asset value of the Fund may be invested in debt securities (including convertible debt).










Concentration risk -- As the Fund will invest primarily in energy stocks, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.


106

Invesco Energy Fund IInvesco Energy Fund

3



Fund launch date: 01 February 2001. Share Class launch date: 01 February 2001. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A





%

-50

-25

0

25

50

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 44.8 -48.1 41.3 11.9 -11.9 -5.6 22.4 -17.9 -31.1 24.2

107

IInvesco Energy Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees









108

Invesco Energy Fund

1




QQuick FFacts



IInnvestment SSub--mmanager: Invesco Asset Management Limited, located in the UK. (Internal delegation)





OOngoing charges Class A accumulation – USD 1.73%+ oover a year: Class A quarterly distribution – USD 1.73%+ Class A quarterly distribution – gross income – USD 1.73%+ Class A monthly distribution-1 – USD 1.73%+

Class C accumulation – USD 1.18%+


DDividend Policy: Net Income distribution (Dividends, if any, will be paid to the investors) Gross Income distribution (Dividends, if any, will be paid to investors)# Accumulation (Dividends, if any, will be re-invested into the Fund) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) # The SICAV may at its discretion pay dividend out of gross income while paying all or part


PPRODUCT KEY FACTSS Invesco Global Income Real Estate Securities FFundd



109

IInvesco Global Income Real Estate Securities Fund

2




AAdditional - -

WWhat is this product? Invesco Global Income Real Estate Securities Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to generate income and to a lesser extent to achieve long-term capital appreciation by investing in a diversified portfolio of securities of companies and other entities engaged in the real estate sector worldwide. The Fund seeks to achieve its objective through investing primarily (at least 70% of the net asset value of the Fund) in equity, equity related and/or debt securities issued by companies and other entities which derive the predominant part of their revenues from activities related to real estate worldwide including real estate investment trusts (“REITs”), REIT-like companies and other real estate operating companies worldwide.

The Fund may invest up to 70% of its net asset value in asset backed securities (ABS)/mortgage-backed securities (MBS) which may include Commercial Mortgage Backed Securities and other ABS related to the real estate sector.

Exposure to MBS can be taken through agency (issued by government-sponsored enterprises such as Fannie Mae, Freddie Mac or Ginnie Mae) but will be predominantly to non-agency (traditionally issued by an investment bank).

Furthermore, exposure to ABS/MBS can be made through senior and junior tranches.

Less than 30% of the net asset value of the Fund may be invested in debt securities which are unrated (debt securities which are not rated by any international rating agency such as Moody’s, Standard & Poor’s and Fitch) and/or whose credit rating is below investment grade (below investment grade is defined as credit rating that is below BBB- from Standard & Poor’s and Fitch, or below Baa3 from Moody’s or an equivalent rating from an internationally recognized rating agency).

Up to 30% of the net asset value of the Fund may be invested in cash and cash equivalents, money market instruments, equity and equity related instruments or debt securities issued by companies or other entities (including governments) not meeting the above requirements. The Fund may invest up to 5% of its net asset value in securities which are either in default or deemed to be at high risk of default as determined by the SICAV.


110

Invesco Global Income Real Estate Securities Fund IInvesco Global Income Real Estate Securities Fund

3






Credit risk

- Investment in bonds, debt or other fixed income securities (including corporate and sovereign bonds) are subject to the risk that issuers do not make payments on interest and principal of such securities. An issuer suffering from an adverse change in its financial condition could lower the quality of a security leading to greater price volatility on that security.

- Securities which were investment grade at the time of acquisition may be downgraded. The risk of any such downgrading will vary over time. The Fund’s investment policy does not specifically require the Fund to sell such securities if they should fall below investment grade. Besides, the Investment Manager and/or Investment Sub-manager (if applicable) may or may not be able to dispose of the debt instruments that are being downgraded. Investments in below investment grade securities carry a higher risk of default and therefore may adversely impact the Fund and/or the interests of investors.

Interest rate risk - The bonds or fixed income securities that the Fund invests in may fall in value if the interest rates change and this will adversely impact the net asset value of the Fund. In general, the prices of debt securities rise when interest rates fall, whilst their prices fall when interest rates rise. Longer term debt securities are usually more sensitive to interest rate changes.


Credit rating risk - Credit ratings assigned by rating agencies are subject to limitations and do not guarantee the creditworthiness of the security and/or issuer at all times.

Risk associated with collateralised and/or securitised products - The Fund may invest in asset backed securities/mortgage backed securities which may be highly illiquid and prone to substantial price volatility. These instruments may be subject to greater credit, liquidity and interest rate risk compared to other debt securities. They are often exposed to extension and prepayment risks and risks that the payment obligations relating to the underlying assets are not met, which may adversely impact the returns of the securities.

Concentration risk - As the Fund will invest primarily in equity, equity related and/or debt securities issued by companies and other entities which derive the predominant part of their revenues from activities related to real estate worldwide, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

Sovereign debt risk - The Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Fund to participate in restructuring such debts. The Fund may suffer significant losses when there is a default of sovereign debt issuers.

111

IInvesco Global Income Real Estate Securities Fund

4






HHow has the FFund pperformed?? The Fund Manager views Class A quarterly distribution - USD (the











Fee What you pay




Redemption fee N/A

-50

-25

0

25

50

Share Class

%

2007 2008 2009 2010 2011 2012 2013 2014 2015 201629.9 13.9 -4.5 18.4 -1.2 13.1 -3.1 2.8

112

Invesco Global Income Real Estate Securities Fund IInvesco Global Income Real Estate Securities Fund

5






Up to 0.0075%

Performance fee N/A





OOther fees










113

1




QQuick FFacts


IInvestment MManager:: Invesco Canada Limited, located in Canada (Internal delegation)





OOngoing charges Class A (EUR hedged) accumulation – EUR 1.98%+ oover a year: Class A accumulation – HKD 1.98%+ Class A accumulation – USD 1.98%+ Class C (EUR hedged) accumulation – EUR 1.38%+ Class C accumulation – USD 1.38%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided



MMinimum Investment/ MMinimum SSubscription Amount:: SShare class AA CC IInitiall ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditioonal - -

WWhat is this product? Invesco Gold & Precious Metals Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives andd Investment Strategy The Fund’s investment objective is long-term growth of capital. The Fund invests primarily (at least 70% of the net asset value of the Fund) in the equity and equity related securities of companies engaged predominantly in exploring for, mining, processing, or dealing and investing in gold and other precious metals such as silver, platinum and palladium, as well as diamonds, worldwide.

The Fund can hold up to 10% of its net asset value in exchange traded funds and exchange traded commodities, which provide exposure to gold and other precious metals.

PPRODUCT KEY FACTSS IInvesco Gold & Precious Metals Fundd



114

IInvesco Gold & Precious Metals Fund

2










Concentration risk - As the Fund will invest primarily in equity and equity related securities engaged predominantly in exploring for, mining, processing, or dealing and investing in gold and other precious metals, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

Commodities risk - Investors should note that investments which grant an exposure to commodities involve additional risks than those resulting from traditional investments. Political, military and natural events may influence the production and trading of commodities and terrorism and other criminal activities may have an influence on the availability of commodities and therefore influence and/or negatively impact financial instruments which grant exposure to commodities which may adversely impact the Fund and/or the interests of investors.


115

IInvesco Gold & Precious Metals Fund

3










WWhat are the fees and chargees? CCharges which may be payable by you


Fee What you pay




Redemption fee N/A






Up to 0.0075%

Performance fee N/A





%

-50

-25

0

25

50

75

Share Class2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

-20.8 -8.2 -43.6 -8.0 -25.1 58.7

116

Invesco Gold & Precious Metals Fund IInvesco Gold & Precious Metals Fund

4

OOther fees









117

1




QQuick FFacts



IInnvestment SSub--mmanager:: Invesco Advisers Inc, located in the USA. (Internal delegation)





OOngoing charges Class A accumulation – USD 0.47%+ oover a year: Class C accumulation – USD 0.27%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.


MMinimum Investment// Minimum Subscription Amount:: SShare class AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this prooduct? Invesco USD Reserve Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority. The purchase of shares in the Fund is not the same as placing monies on deposit with a bank or deposit taking company, that the Fund has no obligation to redeem shares at the same price as the investor subscribed and that the Fund is not subject to the supervision of the Hong Kong Monetary Authority. The Fund does not have a constant net asset value.

OObjectives and Investment SStrategy The Fund aims to provide maximum return with a high degree of security from a portfolio of short-dated fixed interest securities denominated in USD which have an initial or residual maturity not exceeding 12 months. The assets of the Fund may also comprise floating rate debt securities and debt securities with a maturity exceeding 12 months, provided, as a result of the terms of issue or by the use of adequate instruments or techniques, the rate of interest thereof is adjusted at least once annually in the light of market conditions. The portfolio of the Fund may include cash and cash equivalents.

PPRODUCT KEY FACTSS IInvesco USD Reserve Fundd



118

IInvesco USD Reserve Fund

2





Credit risk


- Securities which were investment grade at the time of acquisition may be downgraded. The risk of any such downgrading will vary over time. The Fund’s investment policy does not specifically require the Fund to sell such securities if they should fall below investment grade. Besides, the Investment Manager and/or the Investment Sub-manager (if applicable) may not be able to dispose of the debt instruments that are being downgraded. Investments in below investment grade securities carry a higher risk of default and therefore may adversely impact the Fund and/or the interests of investors.




Concentration risk – As the Fund will invest primarily in short-dated fixed interest securities denominated in USD which have an initial or residual maturity not exceeding 12 months, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.



119

IInvesco USD Reserve Fund

3



Fund launch date: 02 January 1991. Share Class launch date: 02 January 1991. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges









Fee What you pay


N/A

Switching fee N/A

Redemption fee N/A






Up to 0.0075%

Performance fee N/A





%

0

1

2

3

4

5

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 4.5 2.4 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.2

120

Invesco USD Reserve Fund IInvesco USD Reserve Fund

4

OOther fees


AAdditionall Information You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-







121

1




QQuick FFaacts



IInnvestment SSub--mmanager:: Invesco Advisers Inc, located in the USA. (Internal delegation)





OOngoing charges Class A accumulation – EUR 0.04%+ oover a year: Class A annual distribution – EUR 0.04%+ Class C accumulation – EUR 0.04%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.


MMinimum Investment// Minimum Subscription Amount:: SShare class AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Euro Reserve Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority. The purchase of shares in the Fund is not the same as placing monies on deposit with a bank or deposit taking company, that the Fund has no obligation to redeem shares at the same price as the investor subscribed and that the Fund is not subject to the supervision of the Hong Kong Monetary Authority. The Fund does not have a constant net asset value.

OObjectives and Investment SStrategy The Fund aims to provide maximum return with a degree of security from a portfolio of short-dated fixed interest Euro securities with an initial or residual maturity not exceeding 12 months. The assets of the Fund may also comprise floating rate debt securities and debt securities with a maturity exceeding 12 months, provided, as a result of the terms of issue or by the use of adequate instruments or techniques, the rate of interest thereof is adjusted at least once annually in light of market conditions. The portfolio of the Fund may include cash and cash equivalents.

PPRODUCT KEY FACTSS IInvesco Euro Reserve Fundd



122

IInvesco Euro Reserve Fund

2


WWhat are the keyy risks? IInvestment involves risks. Please refer to the Prospectus for details including the risks factors.



Credit risk






Concentration risk – As the Fund will invest primarily in short-dated fixed interest Euro securities with an initial or residual maturity not exceeding 12 months, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.



123

IInvesco Euro Reserve Fund

3

HHow has the FFuund pperformed?? The Fund Manager views Class A accumulation - EUR (the “Share











Fee What you pay


N/A

Switching fee N/A

Redemption fee N/A






Up to 0.0075%

Performance fee N/A





%

-1

0

1

2

3

4

5

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 3.4 4.0 0.7 0.2 0.6 0.1 0.0 0.1 -0.1 -0.3

124

Invesco Euro Reserve Fund IInvesco Euro Reserve Fund

4

OOther fees









125

1




QQuick FFaacts







OOngoing charges Class A accumulation – EUR 1.26%+ oover a year: Class A annual distribution – EUR 1.26%+ Class A monthly distribution – EUR 1.26%+ Class C accumulation – EUR 0.91%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.


MMinimum Investment// Minimum Subscription AAmount:: SShare class AA CC IInitial (in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Euro Corporate Bond Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The Fund is invested to achieve, in the medium to long term, a competitive overall investment return in Euros with relative security of capital in comparison to equities.

The Fund will invest at least two thirds of its net asset value in debt securities or instruments denominated in Euro issued by corporate issuers.

The Fund will invest primarily (at least 70% of its net asset value of the Fund) in investment grade (Moody’s Baa or higher) fixed and floating rate bonds and other debt securities which, in the opinion of the Investment Manager, have a comparable credit quality issued by corporations in any part of the world or issued or guaranteed by any government, government agency, supranational or public international organisation in any part of the world.

PPRODUCT KEY FACTSS IInvesco Euro Corporate Bond Fundd



126

IInvesco Euro Corporate Bond Fund

2

The Fund may invest up to 20% of its net asset value in contingent convertibles.

The Fund may invest up to 10% of its net asset value in securities which are either in default or deemed to be at high risk of default as determined by the SICAV.

The Fund may invest in non-investment grade securities which generally will not exceed 30% of the net assets of the Fund.

Up to one third of the net asset value of the Fund may be invested in Non-Euro debt instruments or debt instruments issued by public international debtors. Investments not denominated in the Euro are intended to be hedged back into Euro at the discretion of the Investment Manager.

Fixed interest securities comprise any or all of the following types of security:

(a) bonds, debentures, notes and treasury bills issued by governments, local authorities and public authorities.

(b) corporate bonds, notes and debentures whether secured or unsecured (including securities convertible into or exchangeable for equity shares).

(c) securities issued by public international bodies such as the European Investment Bank, International Bank for Reconstruction and Development or such other body which is, in the opinion of the Investment Manager of similar standing.

(d) certificates of deposit, commercial paper and bankers acceptances.

The Fund can invest up to 30% of its net assets in liquid assets.

The Fund may use derivatives (including but not limited to futures, forwards, non-deliverable forwards, swaps and complex options structures) for hedging and efficient portfolio management purposes. Such derivatives may also incorporate derivatives on derivatives (i.e. forward dated swaps, swap options). Derivatives and forwards relating to debt instruments may be used for the efficient portfolio management. The aim of any derivative or forward used for such reasons is not to materially alter the risk profile of the Fund, rather their use is to assist the Investment Manager in meeting the investment objectives of the Fund by:

– reducing risk; and/or

– reducing cost; and/or

– generating additional income or capital for the Fund at an acceptable level of cost and risk.

The Fund may, from time to time, sell interest rate futures in order to reduce participation in the bond markets or to produce gains for the Fund in falling bond markets.

The Fund may also enter into credit default swaps (as both a protection buyer and seller). However, financial derivative instruments will not be extensively used for investment purposes (i.e. entering into financial derivative instruments to achieve the investment objectives).




Credit risk


127


3


Interest rate risk -- The bonds or fixed income securities that the Fund invests in may fall in value if the interest rates change and this will adversely impact the net asset value of the Fund. In general, the prices of debt securities rise when interest rates fall, whilst their prices fall when interest rates rise. Longer term debt securities are usually more sensitive to interest rate changes.



Concentration risk – As the Fund will invest primarily in debt securities or instruments denominated in Euro issued by corporate issuers, such concentration may exhibit a higher than usual degree of risk and may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

Risk of investing convertibles/convertible bonds/convertible debts - Convertibles/convertible bonds/convertible debts are a hybrid between debt and equity, permitting holders to convert into shares in the company issuing the bond at a specified future date. As such, convertibles/convertible bonds/convertible debts will be exposed to equity movement and greater volatility than straight bond investments. Investments in convertibles/convertible bonds/convertible debts are subject to the same interest rate risk, credit risk, liquidity risk and prepayment risk associated with comparable straight bond investments.


Risk of investing in high yield bonds/non-investment grade bonds and un-rated bonds - The Fund may invest in high yield bonds/non-investment grade bonds and un-rated bonds which involve substantial risk. High yield bonds/ non-investment grade bonds and un-rated bonds are regarded as being predominantly speculative as to the issuer’s ability to make payments of principal and interest. Issuers of high yield bonds/non-investment grade bonds and un-rated bonds may be highly leveraged, subject to lower liquidity and higher volatility and may not have available to them more traditional methods of financing. An economic recession may adversely affect an issuer’s financial condition and the market value of high yield bonds/non-investment grade bonds and un-rated bonds issued by such entity. High yield bonds/non-investment grade bonds and un-rated bonds are generally subject to greater loss of principal and interest than high-rated bonds. As such, this may adversely impact the Fund and/or the interests of investors.


128

Invesco Euro Corporate Bond Fund IInvesco Euro Corporate Bond Fund

4

Risk of investing in perpetual bonds - The Fund is permitted to invest in perpetual bonds. Perpetual bonds (bonds without a maturity date) may be exposed to additional liquidity risk in certain market conditions. The liquidity for such investments in stressed market environments may be limited, negatively impacting the price they may be sold at, which in turn may negatively impact the Fund’s performance.


HHow hhas the FFuund pperformed?? The Fund Manager views Class A monthly distribution - EUR (the


Fund launch date: 31 March 2006. Share Class launch date: 02 May 2006. The base currency of the Fund is EUR. Past performance of the Share Class is calculated in EUR. Performance is calculated after deduction of ongoing charges






IIs tthere any guarantee? The Fund does not have any guarantees. You may not get back the full amount of money you invest.



Fee What you pay




Redemption fee N/A

%

-10

0

10

20

30

40

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class -0.7 -6.6 30.2 6.6 -1.4 20.3 3.2 8.0 -1.7 2.5

129


5






Up to 0.0075%

Performance fee N/A





OOther fees


AAdditional Information You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-Distributor

and Representative, Invesco Asset Management Asia Limited, receives your request in good order on or before 5:00 pm, Hong Kong time, being the Fund’s dealing cut-off time. Before placing your subscription or redemption orders, please check with your distributor for the distributor’s internal cut-off time (which may be earlier than the Fund’s dealing cut-off time).






130

Invesco Euro Corporate Bond Fund

1




QQuick FFacts



BBase Currency: British Pound




OOngoing charges Class A quarterly distribution – GBP 0.92%+ oover a year: Class C quarterly distribution – GBP 0.70%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDivvidend Policy: Net Income distribution (Dividends, if any, will be paid to the investors)




AAdditional - -

WWhat is this product? Invesco UK Investment Grade Bond Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The primary objective of the Fund is to provide investors with Sterling income from a managed portfolio of the United Kingdom and international fixed income and money market securities.

The Fund will invest primarily (at least 70% of the net asset value of the Fund) in Sterling bonds and money market instruments of investment grade quality. The proportion invested in fixed interest securities and money market instruments will vary as circumstances dictate. Non-Sterling securities may also be included in the portfolio but such securities may be protected in Sterling terms by hedging techniques. The Fund may also invest in equity convertible bonds up to a maximum of 20% of the Fund’s net asset value.

PPRODUCT KEY FACTSS IInvesco UK Investment Grade Bond Fundd



131

IInvesco UK Investment Grade Bond Fund

2


The Fund can invest up to 30% of its net assets in cash and money market instruments.

Less than 30% of the NAV of the Fund may be invested in debt securities which are unrated (debt securities which are not rated by any international rating agency such as Moody’s, Standard & Poor’s and Fitch) and/or whose credit rating is below investment grade (below investment grade is defined as credit rating that is below BBB- from Standard & Poor’s and Fitch, or below Baa3 from Moody’s or an equivalent rating from an internationally recognized rating agency).

The Fund may use derivatives (including but not limited to futures, forwards, non-deliverable forwards, swaps and complex options structures) for hedging and efficient portfolio management purposes. Such derivatives may also incorporate derivatives on derivatives (i.e. forward dated swaps, swap options). The Fund may, from time to time, sell interest rate futures in order to reduce participation in the bond markets or to produce gains for the Fund in falling bond markets. However, financial derivative instruments will not be extensively used for investment purposes (i.e. entering into financial derivative instruments to achieve the investment objectives).





Credit risk


- Securities which were investment grade at the time of acquisition may be downgraded. The risk of any such downgrading will vary over time. The Fund’s investment policy does not specifically require the Fund to sell such securities if they should fall below investment grade. Besides, the Investment Manager and/or Investment Sub-manager (if applicable) may not be able to dispose of the debt instruments that are being downgraded. Investments in below investment grade securities carry a higher risk of default and therefore may adversely impact the Fund and/or the interests of investors.





Concentration risk - As the Fund will invest primarily in Sterling bonds, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

132

Invesco UK Investment Grade Bond Fund IInvesco UK Investment Grade Bond Fund

3


HHow has the FFuund pperformed?? The Fund Manager views Class A quarterly distribution - GBP (the


Fund launch date: 11 December 2006. Share Class launch date: 11 December 2006. The base currency of the Fund is GBP. Past performance of the Share Class is calculated in GBP. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A

%

-5

0

5

10

15

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 1.4 4.7 3.3 6.4 11.1 8.2 -1.6 12.6 0.3 11.2

133

IInvesco UK Investment Grade Bond Fund

4






Up to 0.0075%

Performance fee N/A





OOther fees









134

Invesco UK Investment Grade Bond Fund

1




QQuick FFaacts







OOngoing charges Class A (EUR hedged) accumulation – EUR 1.87%+ oover a year: Class A (EUR hedged) monthly distribution – EUR 1.87%+ Class A accumulation – USD 1.87%+ Class A annual distribution – EUR 1.87%+ Class A fixed monthly distribution – USD 1.87%+ Class A monthly distribution – HKD 1.87%+ Class C (EUR hedged) accumulation – EUR 1.27%^ Class C accumulation – USD 1.27%^ Class A (AUD hedged) monthly distribution-1 – AUD 1.87%+ ^ As a result of the reduction in fees, the ongoing charges figure is estimated based on the expected annualised total of charges expressed as percentage of the average net asset value over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.


DDividend Policy: Fixed distribution (Dividends, if any, of a fixed yield will be paid to investors monthly. Such yield will be re-set on at least a semi-annual basis. The SICAV may at its discretion pay dividends out of gross income while paying all or part of the share class’ fees and expenses, together with miscellaneous expenses, out of the capital of the share class, resulting in an increase in distributable income for the payment of dividends by the share class and therefore, the share class may effectively pay dividends out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) Net Income Distribution (Dividends, if any, will be paid to the investors) Accumulation (Dividends, if any, will be re-invested into the Fund)

PPRODUCT KEY FACTSS Invesco Emerging Local Currencies Debt FFundd



135

IInvesco Emerging Local Currencies Debt Fund

2

MMinimum Investment/ MMinimumm SSubscription Amount:: SShare class AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Emerging Local Currencies Debt Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to achieve long-term capital growth and high income. The Fund will invest at least two thirds of its net asset value in a flexible allocation of cash, debt securities (including corporate bonds and bonds issued by supranational organisations) and financial derivative instruments which are denominated in the currency of emerging market countries (as more fully described below).

The Investment Manager intends to invest in securities and derivatives within the investment universe which is defined as all cash, debt securities (including asset backed securities), financial derivative instruments on debt and credit markets and all currencies worldwide. Debt securities may originate from emerging markets but may also be issued by developed markets.

The Fund may invest up to 20% of its net asset value in asset-backed securities.


Equities and equity related instruments may be held up to a maximum of 5% of the net asset value of the Fund.

The Fund can, in the best interest of shareholders and on a temporary basis under exceptional circumstances (including but not limited to global market crisis) own up to 100% of net asset value in cash, money market instruments or up to 10% of net asset value in money market funds. The Fund may also invest on an ancillary basis in securities and money market instruments listed on the Moscow Exchange. Investments in securities and money market instruments listed on the St Petersburg Currency Exchange together with other assets qualifying under Section 7.1. (General Restrictions) I. (2) of the Prospectus will not exceed 10% of the net assets of the Fund.

For the purposes of the Fund, the Investment Manager has defined emerging markets as all markets in the countries in the world other than (i) those members of the European Union that the Investment Manager regards as developed countries, (ii) United States of America, (iii) Canada, (iv) Japan, (v) Australia, (vi) New Zealand,(vii) Norway, (viii) Switzerland, (ix) Hong Kong and (x) Singapore.

The Fund may invest up to 100% of its net asset value in debt securities which are unrated (debt securities which are not rated by any international rating agency such as Moody’s, Standard & Poor’s and Fitch) or rated below investment grade (below investment grade is defined as credit rating that is below BBB- from Standard & Poor’s and Fitch, or below Baa3 from Moody’s or an equivalent rating from an internationally recognized rating agency).

The Fund may enter into financial derivatives instruments for efficient portfolio management, hedging purposes and extensively for investment purposes. Financial derivatives instruments can be used to take both long and short positions in all markets within the investment universe. The long and short active financial derivative positions (including active currency/interest rate/credit positions) implemented by the Fund may not be correlated with the underlying securities positions held by the Fund (i.e. debt securities). Financial derivatives instruments may include (but are not limited to) futures, forwards, non-deliverable forwards, forward rate agreements, swaps such as credit default swaps, interest rate swaps, total return swaps and complex option structures such as straddles. In addition, financial derivative instruments may incorporate structured notes including but not limited to credit linked notes, deposit linked notes or total return notes.

136

Invesco Emerging Local Currencies Debt Fund IInvesco Emerging Local Currencies Debt Fund

3

The Fund may also take active currency positions on all currencies worldwide through the use of derivatives. The level of leverage of the Fund measured using the commitment approach will not exceed 40% of the net asset value of the Fund.

The level of leverage of the Fund using the commitment approach is expressed as a ratio between the market value of the equivalent position in the underlying assets of the financial derivative instruments (taking into account the possible netting and hedging arrangements) and its net asset value.







Credit risk


- Securities which were investment grade at the time of acquisition may be downgraded. The risk of any such downgrading will vary over time. The Fund’s investment policy does not specifically require the Fund to sell such securities if they should fall below investment grade. Besides, the Investment Manager and/or the Investment Sub-Manager (if applicable) may not be able to dispose of the debt instruments that are being downgraded. Investments in below investment grade securities carry a higher risk of default and therefore may adversely impact the Fund and/or the interests of investors.




137


4

Concentration risk - As the Fund will invest at least two thirds of its net asset value in debt securities and/or other instruments which are denominated in the currency of emerging market countries, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.






Counterparty risk - The Fund will be exposed to credit risk on the counterparties with which it trades in relation to financial derivative instrument contracts (including foreign exchange currency contracts) that are not traded on a recognised exchange. Such instruments are not afforded the same protections as may apply to participants trading financial derivative instruments on organised exchanges, such as the performance of guarantee of an exchange clearing house and therefore the Fund will bear the risk of the counterparty’s insolvency, bankruptcy or default or a delay in settlement due to a credit or liquidity problem affecting the counterparty.

Risk of investing in financial derivative instruments (“FDI”) for efficient portfolio management and hedging purpose and extensively for investment purposes - Investments of the Fund may be composed of FDI used for efficient portfolio management or to attempt to hedge or reduce the overall risk of its 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. As well as the risks identified above, the Fund may use derivatives extensively for investment purposes and may be exposed to additional leveraged risk, which may result in significant fluctuations of the net asset value of the Fund and/or extreme losses where the Investment Manager is not successful in predicting market movements. This in turn may lead to an increase in the risk profile of the Fund.

Risks of implementing active FDI positions not correlated with underlying asset of the Fund - As the active FDI positions (including active currency/interest rate/credit positions) implemented by the Fund may not be correlated with the underlying securities positions held by the Fund (i.e. debt securities), the Fund may suffer a significant or total loss even if there is no loss of the value of the underlying securities positions being debt securities held by the Fund.

138

Invesco Emerging Local Currencies Debt Fund IInvesco Emerging Local Currencies Debt Fund

5




HHow has the FFuund pperformed?? The Fund Manager views Class A fixed monthly distribution - USD











Fee What you pay




Redemption fee N/A

%

-20

-10

0

10

20

30

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class 17.2 -14.9 27.3 12.8 -3.0 16.4 -10.3 -6.7 -16.5 8.0

139


6

OOngoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments.




Up to 0.0075%

Performance fee N/A





OOther fees



for the last 12 months are available from the Hong Kong Sub-Distributor and Representative, Invesco Asset Management Asia Limited, on request and at www.invesco.com.hk. This website has not been reviewed by the SFC.

You generally buy and redeem shares at the Fund’s next-determined net asset value after the Hong Kong Sub-Distributor and Representative receives your request in good order on or before 5:00 pm, Hong Kong time, being the Fund’s dealing cut-off time. Before placing your subscription or redemption orders, please check with your distributor for the distributor’s internal cut-off time (which may be earlier than the Fund’s dealing cut-off time).






140

Invesco Emerging Local Currencies Debt Fund

1




QQuick FFaacts







OOngoing charges Class A (EUR hedged) accumulation – EUR 1.80%+ oover a year: Class A accumulation – USD 1.80%+ Class A fixed monthly distribution – USD 1.80%+ Class C (EUR hedged) accumulation – EUR 1.20%+ Class C accumulation – USD 1.20%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided


DDividend Policy: Fixed distribution (Dividends, if any, of a fixed yield will be paid to investors monthly. Such yield will be re-set on at least a semi-annual basis. The SICAV may at its discretion pay dividends out of gross income while paying all or part of the share class’ fees and expenses, together with miscellaneous expenses, out of the capital of the share class, resulting in an increase in distributable income for the payment of dividends by the share class and therefore, the share class may effectively pay dividends out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date.) Accumulation (Dividends, if any, will be re-invested into the Fund)




AAdditional - -

WWhat is this product? Invesco Emerging Market Corporate Bond Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

PPRODUCT KEY FACTSS IInvesco Emerging Market Corporate Bond Fundd



141

IInvesco Emerging Market Corporate Bond Fund

2

OObjectives and Investment Strategy The objective of the Fund is to achieve a high income yield and long-term capital appreciation by investing primarily (at least 70% of the net asset value of the Fund) in debt securities of emerging market corporate issuers. The Investment Manager intends to invest in securities and financial derivative instruments within the investment universe which is defined as all cash, debt securities (including asset backed securities), financial derivative instruments on debt and credit markets and all currencies worldwide.

Equities and equity related instruments may be held up to a maximum of 20% of the net asset value of the Fund. The Fund can, in the best interest of shareholders and on a temporary basis under exceptional circumstances (including but not limited to global market crisis) own up to 100% of its net assets in cash, money market instruments including up to 10% of net asset value in money market funds.


The Fund may invest up to 20% of its net asset value in asset-backed securities.


Companies in emerging markets shall mean: (i) companies having their registered office in an emerging market, (ii) companies established or located elsewhere but carrying out their business activities predominantly in emerging markets or (iii) holding companies the interests of which are predominantly invested in equity of companies having their registered office in an emerging market.

For the purposes of the Fund, the Investment Manager has defined the emerging markets as all markets in the countries in the world other than (i) those members of the European Union that the Investment Manager regards as developed countries, (ii) United States of America, (iii) Canada, (iv) Japan, (v) Australia, (vi) New Zealand, (vii) Norway and (viii) Switzerland.

The Fund may invest up to 100% of its net asset value in debt securities which are unrated (debt securities which are not rated by any international rating agency such as Moody’s, Standard & Poor’s and Fitch) or rated below investment grade (below investment Grade is defined as credit rating that is below BBB- from Standard & Poor’s and Fitch, or below Baa3 from Moody’s or an equivalent rating from an internationally recognized rating agency).

The Fund may enter into financial derivatives instruments for efficient portfolio management and hedging purposes and extensively for investment purposes. Financial derivatives instruments can be used to take both long and short positions in all markets within the investment universe. The long and short active financial derivative positions (including active currency/interest rate/credit positions) implemented by the Fund may not be correlated with the underlying securities positions held by the Fund (i.e. debt securities). Financial derivative instruments may include (but are not limited to) futures, forwards, non-deliverable forwards, and swaps such as credit default swaps, interest rate swaps and total return swaps. In addition, financial derivative instruments may incorporate structured notes including but not limited to credit linked notes, deposit linked notes or total return notes. The level of leverage of the Fund measured using the commitment approach will not exceed 40% of the net asset value of the Fund.

The Fund may also take active currency positions on all currencies worldwide through the use of derivatives. The level of leverage of the Fund using the commitment approach is expressed as a ratio between the market value of the equivalent position in the underlying assets of the financial derivative instruments (taking into account the possible netting and hedging arrangements) and its net asset value.






142

Invesco Emerging Market Corporate Bond Fund IInvesco Emerging Market Corporate Bond Fund

3



Credit risk






Concentration risk - As the Fund will invest primarily in debt securities of emerging market corporate issuers, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.





143


4

Risk associated with investment in Russia and Ukraine - There are significant risks inherent in investing in Russia and Ukraine including: (a) delays in settling transactions and the risk of loss arising out of Russia’s and Ukraine’s system of securities registration and custody; (b) the lack of corporate governance provisions or general rules or regulations relating to investor protection; (c) pervasiveness of corruption, insider trading, and crime in the Russian and Ukrainian economic systems; (d) difficulties associated in obtaining accurate market valuations of many Russian and Ukrainian securities, based partly on the limited amount of publicly available information; (e) tax regulations are ambiguous and unclear and there is a risk of imposition of arbitrary or onerous taxes; (f) the general financial condition of Russian and Ukrainian companies, which may involve particularly large amounts of inter-company debt; (g) banks and other financial institutions are not well developed or regulated and as a result tend to be untested and have low credit ratings and (h) political and economic instability which can impact the valuation of investments in Russia and Ukraine; (i) Russian and Ukrainian markets may lack liquidity and exhibit high price volatility meaning that the accumulation and disposal of holdings in some investments may be time consuming and may need to be conducted at unfavourable prices.

Counterparty risk - The Fund will be exposed to credit risk on the counterparties with which it trades in relation to financial derivative instrument contracts (including foreign exchange currency contracts) that are not traded on a recognised exchange. Such instruments are not afforded the same protections as may apply to participants trading financial derivative instruments on organised exchanges, such as the performance of guarantee of an exchange clearing house and therefore the Fund will bear the risk of the counterparty’s insolvency, bankruptcy or default or a delay in settlement due to a credit or liquidity problem affecting the counterparty.

Risk of investing in financial derivative instruments (“FDI”) for efficient portfolio management and hedging purpose and extensively for investment purposes - Investments of the Fund may be composed of FDI used for efficient portfolio management or to attempt to hedge or reduce the overall risk of its 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. As well as the risks identified above, the Fund may use derivatives extensively for investment purposes and may be exposed to additional leveraged risk, which may result in significant fluctuations of the net asset value of the Fund and/or extreme losses where the Investment Manager is not successful in predicting market movements. This in turn may lead to an increase in the risk profile of the Fund.

Risks of implementing active FDI positions not correlated with underlying asset of the Fund - As the active FDI positions (including active currency/interest rate/credit positions) implemented by the Fund may not be correlated with the underlying securities positions held by the Fund (i.e. debt securities), the Fund may suffer a significant or total loss even if there is no loss of the value of the underlying securities positions being debt securities held by the Fund.

Risks associated with payment of dividends and/or fees and expenses out of capital -- Payment of dividends out of 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.

Portfolio Turnover Risk - The Fund may engage in significant turnover of the underlying securities held. This may involve the Investment Manager selling a security or entering into the close out of a derivative position when it believes it is appropriate to do so, regardless of how long the Fund has held the instrument. This practice may be carried out on a continuous basis, where the Investment Manager believes it is in the best interests of shareholders. These activities increase the Fund’s portfolio turnover and may increase the Fund’s transaction costs, however, any potential costs will be considered as part of the investment decision to ensure it is in the best interests of the Fund.

144

Invesco Emerging Market Corporate Bond Fund IInvesco Emerging Market Corporate Bond Fund

5

HHow has the FFuund pperformed?? The Fund Manager views Class A fixed monthly distribution - USD


Fund launch date: 04 May 2011. Share Class launch date: 04 May 2011. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A

%

-5

0

5

10

15

20

25

2012 2013 2014 2015 2016Share Class 20.5 -3.6 5.0 -0.3 7.9

145


6






Up to 0.0075%

Performance fee N/A





OOther fees


AAdditional Informattion The compositions of the dividends (i.e. the relative amounts paid out of (i) net distributable income and (ii) capital)








146

Invesco Emerging Market Corporate Bond Fund

1


TThis statement provides you with key information about this product. TThis statement is a part of the Prospectus and should be read in conjunnction


QQuick FFaacts







OOngoing charges Class A accumulation – USD 1.20%+ oover a year: Class A annual distribution – EUR 1.20%+ Class A monthly distribution – HKD 1.20%+ Class A monthly distribution – USD 1.20%+ Class C accumulation – USD 0.90%+ Class A (AUD hedged) monthly distribution- 1 – AUD 1.20%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided


DDividend Policy:: Net Income Distribution (Dividends, if any, will be paid to the investors) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) Accumulation (Dividends, if any, will be re-invested into the Fund)




AAdditional - -

PPRODUCT KEY FACTSS Invesco Asian Bond FFundd



147

IInvesco Asian Bond Fund

2

WWhat is tthis product? Invesco Asian Bond Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to generate income and long-term capital appreciation by investing in Asian debt securities. The Fund will seek to achieve the investment objective by investing primarily (at least 70% of the net asset value of the Fund) in a portfolio of both investment grade and non-investment grade debt securities (including unrated debt securities and convertibles) which include the following:

i) debt securities issued/guaranteed by the governments, local authorities/public authorities of Asian countries, or

ii) debt securities issued/guaranteed by entities which are listed on exchanges of Asian countries carrying out business predominantly in Asia, or

iii) debt securities denominated in currencies of Asian countries which may be issued/guaranteed by governments, authorities or entities other than those described above.

Not more than 10% of the Fund’s net asset value will be directly or indirectly invested in China onshore debt securities listed on the Shanghai or Shenzhen Stock Exchanges through Invesco’s Qualified Foreign Institutional Investor quota.

Up to 30% of the Fund’s net asset value may be invested in cash and cash equivalents, and debt securities not meeting the above requirements, of issuers worldwide and denominated in any currency.


For the purposes of the Fund, Asian countries have been defined as all countries in Asia excluding Japan but including Australia and New Zealand.








148

Invesco Asian Bond Fund IInvesco Asian Bond Fund

3

Credit risk






Concentration risk - As the Fund will invest primarily in Asian debt securities, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.




Risk of investing convertibles/convertible bonds/convertible debts - Convertibles/convertible bonds/convertible debts are a hybrid between debt and equity, permitting holders to convert into shares in the company issuing the bond at a specified future date. As such, convertibles/convertible bonds/convertible debts will be exposed to equity movement and greater volatility than straight bond investments. Investments in convertibles/convertible bonds/convertible debts are subject to the same interest rate risk, credit risk, liquidity risk and prepayment risk associated with comparable straight bond investments.


Sovereign debt risk – The Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Fund to participate in restructuring such debts. The Fund may suffer significant losses when there is a default of sovereign debt issuers.

149


4


Risk of investing in financial derivative instruments (“FFDI”) for efficient portfolio management and hedging purposes - Investments of the Fund may be composed of FDI used for efficient portfolio management or to attempt to hedge or reduce the overall risk of its 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.




Portfolio Turnover Risk - The Fund may engage in significant turnover of the underlying securities held. This may involve the Investment Manager selling a security or entering into the close out of a derivative position when it believes it is appropriate to do so, regardless of how long the Fund has held the instrument. This practice may be carried out on a continuous basis, where the Investment Manager believes it is in the best interests of shareholders. These activities increase the Fund’s portfolio turnover and may increase the Fund’s transaction costs, however, any potential costs will be considered as part of the investment decision to ensure it is in the best interests of the Fund.

150

Invesco Asian Bond Fund IInvesco Asian Bond Fund

5

HHow has the FFuund pperformed?? The Fund Manager views Class A monthly distribution - USD (the











Fee What you pay



Switching fee Up to 1.00% of the value of the Shares being switched.

Redemption fee N/A

%

-5

0

5

10

15

2012 2013 2014 2015 2016Share Class 11.4 -4.3 5.0 0.3 6.2

151


6






Up to 0.0075%

Performance fee N/A


Distribution fee Class A , C: N/A



OOther fees










152

Invesco Asian Bond Fund

1




QQuick FFacts







OOngoing charges Class A (EUR hedged) accumulation – EUR 1.63%+ oover a year: Class A (EUR hedged) annual distribution – EUR 1.63%+ Class A accumulation – USD 1.63%+ Class A fixed monthly distribution – USD 1.63%+ Class A monthly distribution – HKD 1.63%+

Class A (AUD hedged) monthly distribution-1 – AUD 1.63%+ Class A (CAD hedged) monthly distribution-1 – CAD 1.63%+ Class A (NZD hedged) monthly distribution-1 – NZD 1.63%+ Class A monthly distribution-1 – USD 1.63%+ Class C accumulation – USD 1.08%+ Class C annual distribution – USD 1.08%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided


DDividend Policy: Net Income Distribution (Dividends, if any, will be paid to the investors) Fixed distribution (Dividends, if any, of a fixed yield will be paid to investors monthly. Such yield will be re-set on at least a semi-annual basis. The SICAV may at its discretion pay dividends out of gross income while paying all or part of the share class’ fees and expenses, together with miscellaneous expense, out of the capital of the share class, resulting in an increase in distributable income for the payment of dividends by the share class and therefore, the share class may effectively pay dividend out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) Accumulation (Dividends, if any, will be re-invested into the Fund)

PPRODUCT KEY FACTSS Invesco UUS High Yield Bond Fundd



153

IInvesco US High Yield Bond Fund

2




AAdditional - -

WWhat is this product? Invesco US High Yield Bond Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The Fund aims to achieve high income and long term capital growth. The Fund will primarily invest (at least 70% of the net asset value of the Fund) in non-investment grade debt securities (including convertible debt and unrated debt securities) issued by US issuers. Such US issuers include (i) companies and other entities with their registered office in the US or incorporated or organised in the US, or (ii) companies and other entities with their registered office outside of the US but carrying out their business activities predominantly in the US or (iii) holding companies, the interests of which are predominantly invested in companies with their registered office in the US or in companies incorporated or organised in the US.

Non-USD investments are intended to be hedged back into USD at the discretion of the Investment Manager.

Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, debt securities not meeting the above requirement, or preference shares.

Not more than 10% of the net asset value of the Fund may be invested in securities issued by or guaranteed by a country whose credit rating is below investment grade.



While it is not the intention of the Investment Manager to invest in equity securities it is possible that such securities may be held as a result of a corporate action or other conversions.



154

Invesco US High Yield Bond Fund IInvesco US High Yield Bond Fund

3


IInvestment involves risks. Please refer to the Prospectus ffor details including the risks factors.






Credit risk







155


4

Concentration risk

- As the Fund will invest primarily in debt securities issued by US issuers, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.


Risks of investing convertibles/convertible bonds/convertible debts – Convertibles/convertible bonds/convertible debts are a hybrid between debt and equity, permitting holders to convert into shares in the company issuing the bond at a specified future date. As such, convertibles/convertible bonds/convertible debts will be exposed to equity movement and greater volatility than straight bond investments. Investments in convertibles/convertible bonds/convertible debts are subject to the same interest rate risk, credit risk, liquidity risk and prepayment risk associated with comparable straight bond investments.





156

Invesco US High Yield Bond Fund IInvesco US High Yield Bond Fund

5

HHow has the FFuund performed?? The Fund Manager views Class A fixed monthly distribution - USD











Fee What you pay




Redemption fee N/A

%

-5

0

5

10

15

Share Class2012 2013 2014 2015 2016

7.3 0.9 -4.5 10.5

157


6






Up to 0.0075%

Performance fee N/A



Service agents fee Class A, C: Up to 0.30%


OOther fees










158

Invesco US High Yield Bond Fund

1



with the Prospectus. YYou should not invest in this product based onn this statement alone.

QQuick Facts







OOngoing charges Class A (EUR hedged) annual distribution oover a year: – gross income – EUR 1.71%+ Class A accumulation – HKD 1.71%+ Class A accumulation – USD 1.71%+ Class A monthly distribution – gross income – USD 1.71%+

Class A monthly distribution-1 – USD 1.71%+ Class C accumulation – USD 1.16%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy: Accumulation (Dividends, if any, will be re-invested into the Fund) Gross Income distribution (Dividends, if any, will be paid to investors)# Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) # The SICAV may at its discretion pay dividend out of gross income while paying all or part





AAdditional - -

PPRODUCT KEY FACTSS Invesco India Bond FFundd



159

IInvesco India Bond Fund

2

WWhat is this product? Invesco India Bond Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The objective of the Fund is to generate income and long-term capital appreciation by investing primarily (at least 70% of the net asset value of the Fund) in a flexible allocation of Indian debt securities and Indian money-market instruments (which may be issued in or outside India by Indian companies as defined below).

The Investment Manager will seek to achieve the investment objective by investing in a combination of the following:

debt securities issued/guaranteed by the Indian government, local authorities/public authorities;

investment grade debt securities (as rated by internationally recognised credit rating agencies) and non-investment grade debt securities (including unrated debt securities) issued/guaranteed by Indian companies; and/or

Indian money-market instruments issued by Indian companies.

Indian companies shall mean: (i) companies having their registered office in India, (ii) companies established or located elsewhere but carrying out their business activities predominantly in India or (iii) holding companies the interests of which are predominantly invested in equity of companies having their registered office in India.

Up to 30% of net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money-market instruments and/or debt securities not meeting the above requirements of issuers worldwide and denominated in any currency.

At no time will the Fund invest more than 30% of net asset value of the Fund in money-market instruments. The Fund will not invest in equity securities.

The Fund may invest more than 35% of net asset value of the Fund in debt securities issued and/or guaranteed by the Indian government (“Indian Sovereign Debt Securities”).


As at the date of the Prospectus, Indian sovereign debt is rated (as rated by internationally recognised credit rating agencies) as investment grade. If all of these agencies classify Indian debt as non-investment grade, the Fund will not invest more than two thirds of net asset value of the Fund in such Indian Sovereign Debt Securities.

Non-USD investments are intended to be hedged back into USD at the discretion of the Investment Manager. The Fund will invest in domestic Indian securities through registering itself as a sub-account under the Foreign Institutional Investor (“FII”) registration of Invesco Asset Management Asia Limited with the Securities and Exchange Board of India (“SEBI”). SEBI has, on January 7, 2014, notified the FPI (Foreign Portfolio Investors) Regulations, 2014 (“FPI Regulations”), which replace and repeal the earlier FII Regulations. However, the FPI Regulations provide that existing FIIs and sub-accounts would be deemed FPI status until the expiry of the period for which the registration fee has been paid by the FII/sub-account under the FII Regulations, and can continue to buy, sell or deal in Indian securities in accordance with the FPI Regulations. Upon the expiry of the aforesaid period, FIIs and sub-accounts who intend to continue to make investments in Indian securities are required to pay a conversion fee to SEBI and obtain registration as an FPI under the FPI Regulations, subject to them meeting the eligibility criteria set out under the FPI Regulations. In light of the above, both Invesco Asset Management Asia Limited and the Fund are deemed to be FPIs under the FPI Regulations. In the event the Fund is unable to access domestic Indian securities through the FPI regime, for whatever reasons (including but not limited to the sub-account status being revoked or there being insufficient available limit regarding investments in Indian debt instruments by FIIs/FPIs), the Investment Manager will allocate the assets of the Fund to Indian securities listed on exchanges outside of India.

The Investment Manager may invest up to 10% of net asset value of the Fund in asset backed securities/mortgage backed securities. The Investment Manager may enter into repurchase and reverse repurchase agreements in aggregate up to 10% of the net asset value of the Fund.


160

Invesco India Bond Fund IInvesco India Bond Fund

3

The Fund may use financial derivative instruments (including but not limited to futures, forwards, non-deliverable forwards, swaps and complex options structures) for hedging and efficient portfolio management purposes. Such financial derivative instruments may also incorporate derivatives on derivatives (i.e. forward dated swaps, swap options). However, financial derivative instruments will not be extensively used for investment purposes (i.e. entering into financial derivative instruments to achieve the investment objectives).


IInvestment involves risks. Please refer to the Prospectus for details including risks factors.






Credit risk






161


4


Concentration risk

- As the Fund will invest primarily in Indian debt securities, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

- The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event and natural disaster affecting the Indian market.



- Investors should note the special considerations not typically associated with investment in more developed markets such as, liquidity risk, currency risks/ control, political and economic uncertainties, policy, legal or regulatory event affecting the relevant markets and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.

Risk of Investing in India

(i) Risks relating to FII/FPI Registration

- In order to invest in Indian domestic debt securities, the Fund will be registered under the broad based fund category under the FPI Regulations. To maintain its registration, the Fund is required to be a “broad based fund” under the FPI Regulations, by complying with certain conditions, including that (i) it is established or incorporated outside of India and (ii) it shall have at least 20 investors, with no single individual investor holding more than 49% of the shares of the Fund; provided that if the Fund has an institutional investor holding more than 49% of the Fund, then the institutional investor must itself be a broad based fund. For the purpose of ascertaining the number of investors in the Fund, direct investors as well as underlying investors would be considered. Further, only investors of entities which have been set up for the sole purpose of pooling funds and making investments will be considered for the purpose of determining underlying investors. If such conditions are not complied with, the FPI status of the Fund could be revoked by the SEBI.

- The FPI status of the Fund may also be revoked by SEBI under other circumstances, such as non-compliance of any conditions subject to which FPI status has had been granted to the Fund under the FPI Regulations, contravention by the Fund of any applicable rules, regulations, directions, circulars, etc issued by SEBI or the Reserve Bank of India (“RBI”) from time to time, cancellation of FII registration of Invesco Asset Management Asia Limited, Luxembourg not remaining an eligible jurisdiction under the FPI Regulations for making investments into India under the FPI regime, change in applicable laws, rules, regulations in India governing investments by FPIs, etc. The revocation of the registration of the Fund would adversely impact the Fund given it will no longer be able to invest in Indian domestic debt securities and will not be able to achieve its objectives and investment strategies.

- The registration of a sub-account is co-terminus with the registration of the FII under whose license the sub-account is erstwhile registered with SEBI under the FII regulations. Any cancellation/expiry of such FII registration will result in the cancellation/expiry of the sub-account registration. In other words, the registration of the Fund as a sub-account is co-terminus with the registration of the FII under whose license the Fund is registered as a sub-account under the FII Regulations. However, once the Fund is independently registered as a FPI under the FPI Regulations, the registration of the Fund will no longer be co-terminus with the registration of the FII under whose license the Fund was registered as a sub-account under the FII Regulations.

- In the event the Fund is not granted registration as a FPI, or its registration as a FPI is cancelled for any reason whatsoever, this would adversely impact the ability of the Fund to make further investments, or to hold and dispose of existing investment in Indian securities. The Fund will be required to liquidate all holdings in Indian securities acquired by the Fund as a sub-account/FPI. Such liquidation may have to be undertaken at a substantial discount and the Fund may suffer significant/substantial losses.

- Further, in the event that the country in which the Fund is incorporated does not remain an eligible jurisdiction under the FPI Regulations for making investments into India, the loss of such recognition could adversely impact the ability of the Fund to make further investments in Indian securities until such time such country regains its eligible jurisdiction status.

162


5

(ii) FPI Indian Investment Limits

- Currently, investment in Indian domestic debt securities by FPI is subject to a monetary limit, which may be amended from time to time. The Fund may therefore be able to invest in domestic debt securities only when the FPI limit is available. The availability of the FPI investment limit can be unpredictable and as result, the Fund may, at times, have substantial exposure to non-Indian Rupee denominated investments outside of India.

- Further, the RBI and the SEBI may from time to time place additional restrictions on investment in government debt securities and corporate debt securities. Such restrictions may for example restrict the investment universe available to the Investment Manager which could hinder the team’s ability to achieve the Fund’s objective.

(iii) India Tax Risks

- All FPIs will be subject to withholding tax on interest income. (As of the date of the Prospectus, withholding tax on interest income under the domestic tax law of India will generally be at rates varying from 5% as increased by applicable surcharge and education cess to 20% as increased by applicable surcharge and education cess, depending on the nature of debt instrument. In case of income arising to the FPI by way of capital gains on transfer of securities, no withholding tax shall apply and the FPI would need to pay the capital gain tax directly to the Indian tax authorities. As of the date of the Prospectus, the capital gain tax (“CGT”) rates vary from nil to 30% (as increased by applicable surcharge and education cess) depending upon various factors including the period of holding of securities. These tax rates may be subject to change from time to time. Full provisions (including on realised and unrealised gains) for both withholding tax on interest income and CGT will be made accordingly for the account of the Fund. As the Fund is established as a Luxembourg SICAV, no treaty benefits will accrue to the Fund. There is no assurance that the existing tax laws and regulations will not be revised or amended in the future with retrospective effect. Any changes to tax laws and regulations may lead to under-accrual or over-accrual for withholding tax on interest income and CGT which may reduce the income from, and/or value of, the investments of the Fund and there may be subsequent adjustments to the net asset value of the Fund. Currently, FPIs are considered as FIIs for the purposes of India tax laws and are subject to the same tax treatment as FIIs.

(iv) Risk of investment in Indian debt market

- In the event of an inactive secondary market, the Fund may need to hold the debt securities until their maturity date. If sizeable redemption requests are received, the Fund may need to liquidate its investments at a substantial discount in order to satisfy such requests and the Fund may suffer losses in trading such securities.

Risk of investing in Indian Sovereign Debt Securities

The Fund may invest in Indian Sovereign Debt Securities. Such securities generally:

- carry a greater risk of default than higher rated debt securities.

- tend to be more volatile than higher rated debt securities, so that adverse economic events may have a greater impact on the prices of Indian Sovereign Debt Securities than on higher rated debt securities.

- tend to be more susceptible to specific sovereign issuer’s (e.g. India) economic, market, political and regulatory developments, such as an economic recession that may adversely affect a sovereign issuer’s financial condition and/or the sovereign issuer’s ability to service its debt obligations and/or the market value of such high yield debt securities issued by such sovereign issuer region (i.e. in this case, India).

All the above features of Indian Sovereign Debt Securities may adversely impact the Fund and/or the interests of investors.

Exchange Control Risks

- Rupee is currently not a freely convertible currency and is subject to foreign exchange control policies imposed by the Indian Government. Any unfavourable movements in the Rupee exchange rates as a result of exchange control or control of currency conversion may lead to price depreciation of the Fund’s assets, which may adversely affect the net asset value of the Fund.

- The foreign exchange control policies imposed by the Indian Government are subject to change, and may have an adverse impact on the Fund and its investors.

163


6





Fund launch date: 23 April 2014. Share Class launch date: 23 April 2014. The base currency of the Fund is USD. Past performance of the Share Class is calculated in USD. Performance is calculated after deduction of ongoing charges









Fee What you pay

Subscription fee/ (Initial charge)



Redemption fee N/A

%

0

2

4

6

8

Share Class2012 2013 2014 2015 2016

1.3 7.6

164


7






Up to 0.0075%

Performance fee N/A



Service agents fee Class A: up to 0.27% Class C: up to 0.20%


OOther fees


AAdditional Information The compositions of the dividends (i.e. the relative amounts paid out of (i) net distributable income and (ii) capital) for

the last 12 months (“Dividend Composition Information”) are available from the Hong Kong Sub-Distributor and Representative, Invesco Asset Management Asia Limited, on request and at www.invesco.com.hk. This website has not been reviewed by the SFC.

You generally buy and redeem shares at the Fund’s next determined net asset value after the Hong Kong Sub-Distributor and Representative, Invesco Asset Management Asia Limited, receives your request in good order on or before 5:00pm, Hong Kong time, being the Fund’s dealing cut-off time. Before placing your subscription or redemption orders, please check with your distributor for the distributor’s internal cut-off time (which may be earlier than the Fund’s dealing cut-off time).






165

1




QQuick Facts







OOngoing charges Class A (EUR hedged) accumulation – EUR 1.64%+ oover a year: Class A accumulation – USD 1.64%+ Class A monthly distribution – USD 1.64%+ Class A monthly distribution-1 – USD 1.64%+ Class A quarterly distribution – HKD 1.64%+ Class A quarterly distribution – USD 1.64%+ Class C (EUR hedged) accumulation – EUR 1.09%+ Class C accumulation – USD 1.09%+ Class A (AUD hedged) monthly distribution-1 – AUD 1.64%+ Class A (CAD hedged) monthly distribution-1 – CAD 1.64%+ Class A (NZD hedged) monthly distribution-1 – NZD 1.64%+ Class A monthly distribution – HKD 1.64%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy: Net income Distribution (Dividends, if any, will be paid to the investors) Accumulation (Dividends, if any, will be re-invested into the Fund) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date)

MMinimum Investment/ Minimum Subscription Amount: SShhare class AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

PPRODUCT KEY FACTSS IInvesco Asia Balanced Fundd



166

IInvesco Asia Balanced Fund

2

WWhat is this product? Invesco Asia Balanced Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment Strategy The primary objective of the Fund is to generate income from investment in Asia-Pacific equities and debt securities (excluding Japan). The Fund will also aim to provide long-term capital appreciation. The Fund will invest primarily (at least 70% of net asset value of the Fund) in a diversified portfolio of equities and debt securities in the Asia-Pacific region (excluding Japan). The allocation mix between equities and debt securities may vary according to the Investment Manager’s discretion and market conditions. Included in this category are listed real estate investment trusts (“REITs”) in Asia-Pacific ex Japan. Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, equity, equity related and debt securities issued by companies or other entities not meeting the above requirements. The Fund may invest up to 20% of its net asset value in contingent convertibles. The Fund will have a flexible approach to country allocation covering investments in the Asia-Pacific region including the Indian subcontinent and Australasia but excluding Japan.

Not more than 10% of the net asset value of the Fund may be invested in securities issued by or guaranteed by a country which is unrated and/or whose credit rating is below investment grade.

The Fund may invest up to 60% of its net asset value in debt securities which are unrated (debt securities which are not rated by any international rating agency such as Moody’s, Standard & Poor’s and Fitch) and/or whose credit rating is below investment grade (below investment grade is defined as credit rating that is below BBB- from Standard & Poor’s and Fitch, or below Baa3 from Moody’s or an equivalent rating from an internationally recognized rating agency).









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Credit risk







Concentration risk - As the Fund will invest primarily in Asia-Pacific (excluding Japan) equities and debt securities, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.







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- For Monthly Distribution-1 share classes that are currency hedged, the Fund may take into account the return driven by the interest rate differential between the currency in which the hedged Monthly Distribution-1 share class is denominated and the base currency of the Fund in determining the distribution to be paid. Investors should be aware of the uncertainty of relative interest rates which will have an impact on the return of the hedged Monthly Distribution-1 share class. The net asset value of the Monthly Distribution-1 hedged share class may fluctuate and may significantly differ from other share class due to the fluctuation of the interest rate differential between the currency in which the hedged Monthly Distribution-1 share class is denominated and the base currency of the Fund, and may result in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged share class and investors in such share class may therefore be adversely affected.

HHow has the FFuund performed?? The Fund Manager views Class A quarterly distribution - USD (the











Fee What you pay




Redemption fee N/A

%

-50

-25

0

25

50

Share Class20162007 2008 2009 2010 2011 2012 2013 2014 2015

2.342.6 20.6 -6.9 16.9 1.5 4.2 -7.8

169


5






Up to 0.0075%

Performance fee N/A





OOther fees










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Invesco Asia Balanced Fund

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QQuick FFacts







OOngoing charges Class A accumulation – EUR 1.62%+ oover a year: Class A annual distribution – EUR 1.62%+ Class A quarterly distribution – EUR 1.62%+ Class A (USD hedged) accumulation – USD 1.62%+ Class A quarterly distribution – gross income – EUR 1.62%+ Class A monthly distribution-1 – EUR 1.62%+ Class A (USD hedged) monthly distribution-1 – USD 1.62%+ Class A (AUD hedged) monthly distribution-1 – AUD 1.62%+ Class A (CAD hedged) monthly distribution-1 – CAD 1.62%+ Class A (NZD hedged) monthly distribution-1 – NZD 1.62%+ Class C accumulation – EUR 1.07%+ + The ongoing charges figure is calculated based on annualised expenses for the period ending 31 August 2016 divided by the average net assets over the same period. This figure may vary from year to year. It excludes portfolio transaction costs.

DDividend Policy: Net income Distribution (Dividends, if any, will be paid to the investors) Gross Income distribution (Dividends, if any, will be paid to investors)# Accumulation (Dividends, if any, will be re-invested into the Fund) Monthly Distribution-1 (Dividends, if any, will be paid to investors monthly. The SICAV may, at its discretion, pay (a) a portion of dividends out of gross income, (b) a portion of dividends out of capital, and (c) with respect to hedged Monthly Distribution-1 Share classes (if applicable), the interest rate differential between the currency in which the share class is denominated and the base currency of the Fund. The Fund may pay dividends out of capital and/or effectively out of capital and may reduce the net asset value per share of this share class immediately after the monthly distribution date) # The SICAV may at its discretion pay dividend out of gross income while paying all or part


PPRODUCT KEY FACTSS Invesco Pan European High Income FFundd



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IInvesco Pan European High Income Fund

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MMinimum Investment/ Minimum Subscription Amount: SShare cclass AA CC IInitial ((in any of the ddealing currencies llisted in the AApplication Form)



AAdditional - -

WWhat is this product? Invesco Pan European High Income Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg and its home regulator is the CSSF, Luxembourg supervisory authority.

OObjectives and Investment SStrategy The Fund aims to provide to shareholders long-term total return growth from an actively managed, diversified portfolio investing primarily in higher yielding European debt securities and, to a lesser extent, equities.

The Fund shall primarily (at least 70% of the net asset value of the Fund) invest in European securities. The Fund will invest more than 50% of the net asset value in European debt securities.

Up to 30% of the net asset value of the Fund may be invested in aggregate in cash and cash equivalents, money market instruments, equity and equity related securities issued by companies or other entities not meeting the above requirements or in debt securities (including convertible bonds) of issuers worldwide.

European securities are to be understood to be those of companies having their registered office in a European country or in other countries but carrying out their business activities predominantly in Europe or holding companies investing predominantly in equities of companies having their registered office in a European country.




The Fund may use derivatives (including but not limited to futures, forwards, non-deliverable forwards, swaps and complex options structures) for hedging and efficient portfolio management purposes. Such derivatives may also incorporate derivatives on derivatives (i.e. forward dated swaps, swap options). Derivatives may be used for efficient portfolio management, including credit default swaps as protection purchaser and seller. The Fund may also, from time to time, sell interest rate futures in order to reduce participation in the bond markets or to produce gains for the Fund in falling bond markets. However, financial derivative instruments will not be extensively used for investment purposes (i.e. entering into financial derivative instruments to achieve the investment objectives).

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Invesco Pan European High Income Fund IInvesco Pan European High Income Fund

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Credit risk






Concentration risk -- As the Fund will invest primarily in higher yielding European debt securities and equities, such concentration may exhibit a higher than usual degree of risk and the Fund may be subject to above average volatility. The diversification benefits that would ordinarily accrue from investment in a fund having a more diverse portfolio of investments, may not apply to this Fund.

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RRisk of Eurozone crisis -- The Fund may have significant investment exposure to the Eurozone or the Euro. In light of ongoing concerns on the sovereign debt risk of certain countries within the Eurozone, the Fund’s investments in the region may be subject to higher volatility, liquidity, currency and default risks. Any adverse events, such as credit downgrade of a sovereign or exit of EU members from the Eurozone or other adverse economic, political, policy, foreign exchange, tax, legal or regulatory event affecting the Eurozone markets, may have a negative impact on the value of the Fund.

Contingent convertibles risk

- Contingent convertible bonds are a type of debt security, issued by a financial institution that may be converted into equity or could be forced to suffer a write down of principal upon the occurrence of a pre-determined trigger event. The trigger event is ordinarily linked to the financial position of the issuer. In stressed market conditions, the liquidity profile of the issuer can deteriorate significantly and a significant discount may be required in order to sell the contingent convertible bonds.

- Contingent convertible bonds can carry higher risk than investment in traditional debt instruments/ convertibles and in certain cases equities since coupon payments may be discretionary and can be cancelled at any time for any reason.

- Contingent convertible bonds can also be exposed to several other risks, including but not limited to trigger level risk, capital structure inversion risk, call extension risk, unknown/uncertainty risk and valuation risk.

Risk of investing convertibles/convertible bonds/convertible debts - Convertibles/convertible bonds/convertible debts are a hybrid between debt and equity, permitting holders to convert into shares in the company issuing the bond at a specified future date. As such, convertibles/convertible bonds/convertible debts will be exposed to equity movement and greater volatility than straight bond investments. Investments in convertibles/convertible bonds/ convertible debts are subject to the same interest rate risk, credit risk, liquidity risk and prepayment risk associated with comparable straight bond investments.


Risk of investing in perpetual bonds – The Fund is permitted to invest in perpetual bonds. Perpetual bonds (bonds without a maturity date) may be exposed to additional liquidity risk in certain market conditions. The liquidity for such investments in stressed market environments may be limited, negatively impacting the price they may be sold at, which in turn may negatively impact the Fund’s performance.


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Invesco Pan European High Income Fund IInvesco Pan European High Income Fund

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RRisks associated with payment of dividends aand/or fees and expenses out of capital



HHow has the FFuund pperformed?? The Fund Manager views Class A quarterly distribution - EUR (the


Fund launch date: 31 March 2006. Share Class launch date: 31 March 2006. The base currency of the Fund is EUR. Past performance of the Share Class is calculated in EUR. Performance is calculated after deduction of ongoing charges









Fee What you pay




Redemption fee N/A

%

-50

-25

0

25

50

75

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Share Class -3.7 -30.3 61.6 13.7 -3.0 27.0 12.7 7.3 2.3 5.3

The performance shown in the chart above was based on an objective andinvestment policy that no longer applies.

175


6






Up to 0.0075%

Performance fee N/A





OOther fees










176

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Documents

Invesco Funds, SICAV Product Key Facts · Invesco Global Structured Equity Fund (the “Fund”) is a fund constituted in the form of a mutual fund. It is domiciled in Luxembourg