Notification of change to the underlying funds of various Invesco funds
09 May 2025
Notification of changes to the underlying funds of:
- R154 Invesco Asian Equity
- R157 Invesco Euro Corporate Bond
- R160 Invesco Asia Opportunities Equity
(together the “Affected ILP sub-funds”)
We have been notified by the directors and management company of Invesco Funds (the “Company”) of a change to the underlying funds of the Affected ILP sub-funds. The change will take effect from 24 June 2025 (the “Effective Date”).
Update to prospectus and pre-contractual disclosure documents
The Company has advised that from the Effective Date the exclusion on military, being an exclusion on companies which derive greater than 10% revenue from military contracting overall, will be removed from the environmental and social characteristics of the underlying funds of the Affected ILP sub-funds. Currently this exclusion is limiting the investment opportunities in the military self-defence sector.
The Company state that the change is not expected to result in any material change in the holdings or risk profile of the underlying funds of the Affected ILP sub-funds.
Updated pre-contractual and sustainability-related disclosure documents will be made available as part of the prospectus of the underlying funds following the Effective Date.
This change will take effect automatically and policyholders do not need to take any action.
We have contacted impacted policyholders and their financial advisers to notify them of the change; primarily by e-shot, with letters sent by post where we do not hold a valid email, and to those who prefer to receive letters by post. A sample of the client communication can be found opposite.
Should you have any questions regarding this change, please contact the Investment Marketing Team.
