Fund Flyer Q1 2018 Invesco Continental European Small Cap Equity Fund Capturing growth from Europe's cyclical recovery The Fund invests in small companies throughout Europe, but excluding the United Kingdom. Investors should note the risk of investing in smaller companies, risk of investing in Europe, risk of Eurozone crisis, concentration risk of investing in small companies throughout Europe, currency exchange risk, equities risk, volatility risk, general investment risk, and risk relating to those share classes denominated/ dealt in a different currency than the base currency of the Fund. Financial derivative instruments (FDI) may be used for efficient portfolio management purposes or to hedge or reduce the overall risk of investments. Risks associated with FDI include counterparty /credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a FDI can result in a loss significantly greater than the amount invested in the FDI by the Fund. Exposure to FDI may lead to a high risk of significant loss by the Fund. The value of the Fund can be volatile and could go down substantially. Investors should not base their investment decision on this material alone. Morningstar rating : AAAA # Fund Highlights 1 Small caps fare better than large caps despite market volatility European (ex UK) small caps have outperformed large caps in the last 5 years, in part driven by favorable monetary policies European small caps tend to outrun large caps during market volatility in the long term Index level 200 180 160 140 120 EMIX Smaller European Companies ex UK +97.5% MSCI Europe ex UK Index +70.7% Fed s QE tapering Oil price plunge Brexit referendum 100 12 13 14 15 16 17 Source: Bloomberg, total return in euro, 5-year data as of December 31, 2017; normalized on December 31, 2012. 2 European small-cap companies see brighter earnings prospects As the European economy slowly recovers, Eurozone small caps see better EPS momentum relative to their large cap counterparts in the region Eurozone small caps' EPS momentum relative to large caps 2016 2017 2018 2019 0.30 0.28 0.26 0.24 1/15 7/15 1/16 7/16 1/17 7/17 Source: Exane BNP Paribas, data as of October 13, 2017. EPS = earnings per share. Investment opportunities carefully selected from around Europe 3 A high conviction approach to discover quality small cap stocks in Europe The fund selects high-quality small cap stocks with upside potentials and stellar prospects. To capture growth potential, both developed and peripheral European stocks are included Italy Germany Netherlands Portugal France Norway Ireland Spain 59 Select stocks Source: Invesco, as at December 31, 2017. 4 Index-agnostic active management The fund manager favors sectors with strong prospects, riding on cyclical industries to actively capture excess return and investment growth via a bottom-up approach A strong focus on bottom-up selection Industrials 31.1% Financials 20.3% Cons. Disc. 13.8% Top sectors Source: Invesco factsheet, data in USD as at December 31, 2017. There is no guarantee that securities of the sectors mentioned above are currently held or will be held by Invesco funds in the future nor a recommendation to buy/sell/hold the securities. It must not be seen as investment advice. # Source: Morningstar 2017, as at December 31, 2017. Morningstar rating is given to A (USD)-AD Shares (year-to-date & 2017 performance: 38.40%; calendar year performance: 2016: 6.21%; 2015: 8.36%; 2014: -9.33%; 2013: 50.24%), NAV-to-NAV, total returns in USD with income reinvested. This document is intended only for investors in Hong Kong and Institutional Investors in Singapore. It is not intended for and should not be distributed to, or relied upon, by the unauthorized people. Circulation, disclosure, or dissemination of all or any part of this material to any unauthorized persons is prohibited.
Fund Flyer Q1 2018 Invesco Continental European Small Cap Equity Fund Capturing growth from Europe's cyclical recovery Important information All data are sourced from Invesco and as at December 31, 2017 unless otherwise stated. Investment involves risks. Past performance is not indicative of future performance. Investors should read the relevant prospectus for details, including the risk factors and product features. The Fund performance includes dividend/income reinvestment and that the index is a price return index that does not include reinvestment of dividend/income. This document is intended to be used only for investors in Hong Kong and Institutional Investors in Singapore. This document is not to be distributed to any other party. The information in this document is presented for discussion and illustrative purposes only and is not a recommendation or an offer to buy or sell any securities or investment advisory services. This document should not be distributed to retail clients who are resident in jurisdiction where its distribution is not authorized or is unlawful. This document is not an offering document for any securities or services and is intended for information purposes. Certain information included in this document is based on information obtained from sources considered to be reliable, however, Invesco does not guarantee the accuracy of such information and such information may be incomplete or condensed and are provided for discussion purposes only. This document may not be transmitted, reproduced or made available to any other person. The information contained herein is proprietary and confidential to Invesco and its affiliates and may not be disclosed to third parties or duplicated or used for any purpose other than the purpose for which it has been provided. Any unauthorized use, duplication or disclosure of this document is prohibited by law. Please note that the information appearing in this document is accurate only as of the date hereof or as specifically indicated herein. This document is not complete without all pages and the accompanying oral presentation. These documents contain statements that are forward-looking statements, which are based on certain assumptions of future events. Forward-looking statements are based on information available on the date hereof, and Invesco does not assume any duty to update any forward-looking statement. Actual events may differ from those assumed. There can be no assurance that forward-looking statements, including any projected returns, will materialize or that actual market conditions and/or performance results will not be materially different or worse than those presented. Certain data and other information in this document have been supplied by outside sources and are believed to be reliable as of the date of this document. Invesco has not verified and cannot verify the accuracy of information from outside sources, and potential investors should be aware that such information is subject to change without notice. Information is current as of the date noted. Invesco does not provide legal or tax advice and we encourage you to consult your own lawyer, accountant or other advisor before making an investment. An investment may be risky and may not be suitable for an investor s goals, objectives and risk tolerance. Investors should be aware that an investment s value may be volatile and any investment involves the risk that you may lose money. The value of a strategy s investments will vary day to day in response to many factors, including in response to adverse issuer, political, regulatory, market or economic developments. The value of an individual security or a particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole. All trademarks and service marks included herein belong to Invesco or an affiliate, except third- party trademarks and service marks, which belong to their respective owners. 2017 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is provided for reference purposes only. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Asset allocation data is derived by Morningstar using full holdings data provided by Invesco. Morningstar Licensed Tools and Content powered by Interactive Data Managed Solutions. Restriction on distribution Hong Kong This document is provided to investors only in Hong Kong. This document is for informational purposes only and is not an invitation to subscribe for shares in a fund nor is it to be construed as an offer to buy or sell any financial instruments. Circulation, disclosure, or dissemination of all or any part of this document to any unauthorized persons is prohibited. This document is issued in Hong Kong by Invesco Asset Management Asia Limited, 41/F, Champion Tower, Three Garden Road, Central Hong Kong. This document has not been reviewed by the Securities and Futures Commission. Singapore This document is solely provided to Institutional Investors in Singapore. The fund(s) as mentioned in this document (where applicable) (the Fund ) is registered as a restricted foreign scheme in Singapore. The Fund is not authorized or recognized by the Monetary Authority of Singapore (the MAS ) and the Interests of the Fund are not allowed to be offered to the retail public. Each of the information memorandum of the Fund and any other document issued in connection with the offer or sale is not a prospectus as defined in the Securities and Futures Act (the SFA ). Accordingly, statutory liability under the SFA in relation to the content of prospectuses would not apply. You should consider carefully whether the investment is suitable for you. This document may not be circulated or distributed, nor may the Interests of the Fund be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than to an institutional investor under Section 304 of the SFA or otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. As the Fund is not denominated in Singapore dollars, eligible investors must be aware of their exposure to foreign currency exchange risk. This document is issued in Singapore by Invesco Asset Management Singapore Ltd, 9 Raffles Place, #18-01 Republic Plaza, Singapore 048619. This document is intended only for investors in Hong Kong and Institutional Investors in Singapore. It is not intended for and should not be distributed to, or relied upon, by the unauthorized people. Circulation, disclosure, or dissemination of all or any part of this material to any unauthorized persons is prohibited. 201801 (Ap93)
28 February 2018 Morningstar Rating TM * AAAA Important Information - The Fund invests in small companies throughout Europe, but excluding the United Kingdom. - Investors should note the risk of investing in smaller companies, risk of investing in Europe, risk of Eurozone crisis, concentration risk of investing in small companies throughout Europe, currency exchange risk, equities risk, volatility risk, general investment risk, and risk relating to those share classes denominated/dealt in a different currency than the base currency of the Fund. - Financial derivative instruments (FDI) may be used for efficient portfolio management purposes or to hedge or reduce the overall risk of investments. Risks associated with FDI include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of a FDI can result in a loss significantly greater than the amount invested in the FDI by the Fund. Exposure to FDI may lead to a high risk of significant loss by the Fund. - The value of the Fund can be volatile and could go down substantially. - Investors should not base their investment decision on this material alone. Objectives and investment strategy The objective of this Fund is to achieve long-term capital growth by investing in small companies throughout Europe, but excluding the United Kingdom. References IVRS Bloomberg code ISIN code Code A(USD Hgd)-Acc Shares 385 INVCEAU ID IE00BQ70TL81 A(USD)-AD Shares 302 INVEUDA ID IE0003708116 3 year characteristics* A (USD)-AD Shares Volatility 14.70 Peer Group Volatility 13.17 Volatility is measured by the standard deviation of the fund, based on its annual rates of return over the past 3 years in base currency of the fund. Peer Group Volatility refers to the volatility of the offshore and international funds which are categorized under Europe ex-uk Small/Mid-Cap Sector by Morningstar. Indexed performance* Invesco Continental European Small Cap Equity Fund (A (USD)-AD 220 Key facts Fund manager Erik Esselink, Oliver Collin 200 180 Share class launch date A (USD)-AD Shares 13/1/93 160 140 Legal Status Mutual Fund - Irish Unit Trust authorised as UCITS Share class currency USD 120 Fund Size EUR 672.02 mn 100 Initial Charge (up to) 5.00% 80 Annual Management Fee 2.0% Reference Index EMIX Smaller Europe ex UK Index-NR 60 02/13 02/14 02/15 02/16 02/17 02/18 Cumulative performance* Calendar year performance* % YTD 1 year 3 years 5 years 2013 2014 2015 2016 2017 A (USD Hgd)-Acc Shares -0.52 18.69 43.16 - - 4.50 20.38 10.57 23.94 A (USD)-AD Shares 1.08 34.42 51.99 97.81 50.24-9.33 8.36 6.21 38.40 Index 1.87 30.23 43.93 83.46 39.21-8.11 10.23 2.73 34.19 The launch date of A (USD Hgd)-Acc Shares class is 08/10/2014. The calendar year performance of the launch year of the above share class(es) only represent performance from launch date of the relevant share class(es) to the last day of that year, which is not a full year return. Distribution information (Aims to pay dividend on monthly/quarterly/semi-annual/ annual basis. Dividend is not guaranteed.) Intended Record date Amount/Share Index Annualized dividend (%) frequency A (USD)-AD Shares Annual 30/11/17 0.0000 0.00% Annualized dividend (%) = (Amount/Share X Frequency) Price on record date. Upon dividend distribution, the Fund's net asset value may fall on the ex-dividend date. For Frequency, Monthly = 12; Quarterly = 4; Semi-Annually = 2; Annually =1. All distributions below USD 50 in value (or its equivalent) will be automatically applied in the purchase of further shares of the same class. Positive distribution yield does not imply a positive return. Holding (total holdings: 63) Top 10 holdings % Outokumpu 3.0 Philips Lighting 2.9 TKH 2.8 Koninklijke Vopak NV 2.6 Telenet NV 2.6 Prysmian 2.6 Eurazeo 2.5 Banco BPM 2.5 Europcar 2.4 Unipol Gruppo Finanziario 2.4 Geographical weightings % France 23.1 Netherlands 16.6 Italy 15.8 Spain 6.9 Finland 6.4 Ireland 6.0 Germany 5.0 Norway 4.5 Others 16.9 Cash -1.1 Sector weightings % Industrials 28.5 Financials 20.6 Consumer Discretionary 13.1 Materials 10.4 Information Technology 9.1 Energy 7.5 Utilities 4.9 Health Care 3.1 Others 4.0 Cash -1.1 Important Information The index name was changed to EMIX Smaller Europe ex UK Index-NR on 15 November 2017. The investment performances are denominated in EUR. US/HK dollar-based investors are therefore exposed to fluctuations in exchange rates. Investment involves risks. Past performance is not indicative of future performance. Investors should read the relevant prospectus for details, including the risk factors and product features. This material has not been reviewed by the Securities and Futures Commission and is issued by Invesco Asset Management Asia Limited ( 景順投資管理亞洲有限公司 ). 2018 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is provided for reference purposes only. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Asset allocation data is derived by Morningstar using full holdings data provided by Invesco. Morningstar Licensed Tools and Content powered by Interactive Data Managed Solutions. All data is as of the date of this document and sourced from Invesco unless otherwise stated. Portfolio weightings and allocations are subject to change. The weightings for each breakdown are rounded to the nearest tenth or hundredth of a percent; therefore, the aggregate weights for each breakdown may not equal 100%. *Source: Data as of the date of this document. Performance of the share class(es) and Morningstar rating are sourced from 2018 Morningstar. Index performance is sourced from Invesco. Morningstar rating (if applicable) is given to the share class as shown in the Indexed performance chart. Performance of the share class(es) is calculated based on NAV to NAV, gross income re-invested in share class currency. Invesco Funds Hotline: (852) 3191 8282 Invesco Distributors Hotline: (852) 3191 8000 Fax: (852) 3128 6500 Email: investorservices@invesco.com Website: www.invesco.com.hk Find out more 201712(AP1191)
Issuer: Invesco Asset Management Asia Limited 12 October 2017 FOR THE ATTENTION OF HONG KONG INVESTORS This statement provides you with key information about this product. This statement is a part of the consolidated prospectus (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 PRODUCT KEY FACTS Invesco Continental European Small Cap Equity Fund A sub-fund of Invesco Funds Series 4 Fund Manager: Investment Manager: Invesco Global Asset Management DAC Invesco Asset Management Ltd, located in the UK. (Internal delegation) Sub-adviser: Base Currency: Trustee: Dealing Frequency: Financial Year End: Invesco Advisers, Inc., located in the USA. (Internal delegation) Euro BNY Mellon Trust Company (Ireland) Ltd Daily 30 November Ongoing charges Class A (Accumulation) USD Hedged 2.35% + over a year: Class C (Accumulation) USD Hedged 1.85% + Class A annual distribution USD 2.35% + Class B annual distribution USD 3.35% + Class C annual distribution USD 1.85% + + The ongoing charges figure is calculated based on expenses for the year ending 30 November 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/ Net Income distribution (Dividends, if any, will be paid to the investors) Distribution Policy: Accumulation (Dividends, if any, will be re-invested into the Fund) Minimum Investment/ Minimum Subscription Amount: Share class A B C Initial (in any of the dealing currencies listed in the Application Form) USD1,500 EUR1,000 GBP1,000 HKD10,000 JPY120,000 AUD1,500 CAD1,500 NZD2,000 USD1,500 EUR1,000 GBP1,000 HKD10,000 JPY120,000 AUD1,500 CAD1,500 NZD2,000 Additional - - - USD1,000,000 EUR800,000 GBP600,000 HKD8,000,000 JPY80,000,000 AUD1,000,000 CAD1,000,000 NZD1,200,000 What is this product? Invesco Continental European Small Cap Equity Fund (the Fund ) is a sub-fund of Invesco Funds Series 4, constituted in the form of a unit trust. It is domiciled in Ireland and its home regulator is the Central Bank of Ireland. Objectives and Investment Strategy The objective of this Fund is to achieve long-term capital growth by investing in small companies throughout Europe, but excluding the United Kingdom. The Investment Manager will seek to meet this investment objective by investing primarily (at least 70% of the net asset value of the Fund) in listed equity and equity related securities of smaller companies in European markets (including warrants and convertible securities: however no more than 10% of the net asset value of the Fund may be invested in warrants). Europe includes countries in the European Union, Switzerland, Scandinavia, Bulgaria, Romania, Croatia, Turkey and the Commonwealth of Independent States. 1
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. The Fund may use derivatives (including but not limited to futures, forwards, non-deliverable forwards, swaps and complex options structures) extensively 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). What are the key risks? Investment 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. 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 relevant 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. Risk of investing in smaller companies - Investment in smaller companies may involve greater risks and thus may be considered speculative. Many small company shares trade less frequently and in smaller volumes and may be subject to more abrupt or erratic price movements than shares of larger companies. The securities of smaller companies may also be more sensitive to market changes than securities in larger companies which may adversely impact the Fund and/or the interests of investors. Risk of investing in Europe - Since the Fund invests in small companies throughout Europe, the value of the assets of the Fund may be affected by uncertainties such as changes in government policies, taxation, fluctuations in foreign exchange rates, the imposition of currency repatriation restrictions, social and religious instability, political, economic or other developments in the law or regulations of Europe. Besides, it may involve certain risks such as higher price volatility, less publicly-available information and liquidity risk. Thus, may adversely impact the Fund and/or the interests of investors. Concentration risk - As the Fund will invest primarily in small companies throughout Europe, such concentration in a particular geographical region may lead to higher volatility than more diversified funds. Risk relating to those Share Classes denominated/dealt in a different currency than the base currency - For those classes of Shares denominated/dealt in a different currency than the base currency, due to fluctuations in currency markets, returns to investors, when converted back into the currency in which the investor subscribes and redeems, may be different to the return calculated by reference to the base currency. This means the returns may go down and adversely impact the investors. Therefore, the value of those investments (when converted to the base currency of that Fund) may fluctuate due to changes in exchange rates. The price of shares/units and the income from them can go down as well as up and investors may not realise their initial investment. 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. Investors should also note that the successful implementation of the strategy may substantially reduce the benefit to Shareholders in the relevant class of Shares, or decrease 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. 2
Risk of Eurozone crisis - The Fund may have significant investment exposure to the Eurozone or the Euro. In light of the current concerns on the sovereign debt risk of certain countries within the Eurozone, the Fund s investments in the region which are denominated in Euro may experience increased volatility. Any adverse events (such as downgrade of the sovereign credit rating or default of a sovereign, or departure of one or more EU member states from the Eurozone resulting in, in particular but not limited to, the European single currency ceasing to exist or currency denomination) may have a negative impact on the value and liquidity of the Fund s investments, and may ultimately impact the performance of the Fund and/or the interests of investors. Risk of investing in financial derivative instruments ( FDI ) - 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. How has the fund performed? % 125 100 75 50 25 0-25 -50-75 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Share Class 11.1-65.1 100.7 28.1-25.7 38.1 50.2-9.3 8.4 6.2 The 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: 13 January 1993. Share Class launch date: 13 January 1993. The base currency of the Fund is EUR. 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. Is there any guarantee? This Fund does not have any guarantees. You may not get back full amount of money you invest. 3
What are the fees and charges? Charges 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 Switching fee Redemption fee Contingent Deferred Sales Charge ( CDSC ) (Class B only) Class A, C: Not exceeding 5.00% of the gross investment amount Class B: NIL Up to 1.00% of the value of the shares being switched. N/A Redemption (during X years since purchase) 1st Year 4% 2nd Year 3% 3rd Year 2% 4th Year 1% After end of 4th Year None Applicable rate of CDSC 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. Ongoing 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. Management fee* Class A, B: 2.00% Class C: 1.50% Annual rate (as a % of the Fund s value) Trustee fee/ Trustee charge Performance fee Up to 0.0075% N/A Service Agent fee Class A: Up to 0.40% Class B, C: Up to 0.30% Distribution fee Class A, C: NIL Class B: Up to 1.00% * The management charge may be increased, up to a maximum of 2.5% of the net asset value of the Fund, plus VAT (if any), upon at least 1 month s written notice to Shareholders, or longer if required. The maximum annual management charge of 2.5% may not be increased and take effect without the (a) prior approval of the relevant regulatory authority (b) prior approval by ordinary resolution of the Shareholders of the Fund (c) upon at least 1 month s (or longer if required) written notice to Shareholders after the passing of the ordinary resolution of the Shareholders of the fund. Other fees You may have to pay other fees when dealing in the shares of the Fund. 4
Additional Information You generally buy and redeem shares at the Fund s next-determined NAV 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 cutoff time). The NAV of this Fund is calculated each Business Day as defined in the Prospectus and the price of shares 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 Securities and Futures Commission (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 Securities and Futures Commission (SFC). Investors may obtain other information of this product at www.invesco.com.hk. This website has not been reviewed by the Securities and Futures Commission (SFC). Important 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. 5