Notification of a change regarding the underlying fund of R154 Invesco Asian Equity

23 Jun 2023

R154 Invesco Asian Equity (the “Affected ILP sub-fund”)

We have been notified by Invesco Funds (the “Company”) of an upcoming change which impacts the underlying fund of the Affected ILP sub-fund, with effect from 8 August 2023 (the “Effective Date”).

From the Effective Date, the China Stock Connect limit on the underlying fund of the Affected ILP sub-fund will be increased from 10% to a new upper limit of 20% due to increasing inclusions of China A shares within emerging markets and Asian indices.

The Company has advised that the increase is aimed at providing more flexibility to the underlying fund of the Affected ILP sub-fund. The changes are not intended to have a material impact on the risk profile of the underlying fund of the Affected ILP sub-fund.

Policyholders do not need to take any action as a result of the change if they wish to remain invested in the Affected ILP sub-fund.

We recommend that policyholders seek advice of their usual financial adviser before making any investment decisions.

Should you have any questions regarding this change, please contact the Investment Marketing team.

For more information regarding Invesco Funds visit: www.invesco.com