EAFESM Select 20 Portfolio 2021-1 Invesco Equity Strategies
Total Page：16
File Type：pdf, Size：1020Kb
Invesco Unit Trusts EAFESM Select 20 Portfolio 2021-1 Invesco equity strategies Trust specifi cs Objective Deposit information The Portfolio seeks above-average total return. The Portfolio seeks to achieve its objective by investing in a Public offering price per unit1 $10.00 portfolio of stocks. The EAFE Select 20 Portfolio is an enhanced index** unit investment trust that invests Minimum investment ($250 for IRAs)2 $1,000.00 in a portfolio consisting of the highest dividend-yielding stocks from a subset of the Morgan Stanley Capital International EAFESM Index. Deposit date 01/08/21 Termination date 04/08/22 Performance of a hypothetical $10,000 investment Distribution dates 25th day of each month From 12/31/90 – 12/31/20 Record dates 10th day of each month $200,000 Portfolio strategy Estimated initial distribution month† 03/21 $107,666 Term of trust 15 months MSCI EAFESM Index 150,000 NASDAQ symbol IGAAXX $58,087 Historical 12 month distributions† $0.34216 EAFE211 Sales charge and CUSIPs 100,000 Brokerage 3 Sales charge 50,000 Initial investment Deferred sales charge 1.35% $10,000 Creation and development fee 0.50% 0 Total sales charge 1.85% 12/90 ’92 ’94 ’96 ’98 ’00 ’02 ’04 ’06 ’08 ’10 ’12 ’14 ’16 ’18 12/20 Last deferred sales charge payment date 10/10/21 CUSIPs Annual Portfolio MSCI EAFESM Average annual Cash 46148Q-10-8 total return Strategy Index total return (for SM 1991 14.21% 12.50% the period ended Portfolio MSCI EAFE Reinvest 46148Q-11-6 on 12/31/20) Strategy Index Historical 12 month distribution rate† 3.42% 1992 2.00 -11.85 1-Year -2.14% 8.39% 1993 60.03 32.94 Fee-based 3-Year -1.97 4.87 Sales charge3 1994 0.52 8.06 5-Year -0.90 8.05 Fee-based sales charge 0.50% 1995 21.97 11.55 10-Year 1.01 6.12 CUSIPs 1996 19.29 6.36 15-Year 1.19 5.07 Fee-based cash 46148Q-12-4 1997 22.09 2.06 20-Year 4.42 4.96 Fee-based reinvest 46148Q-13-2 1998 21.99 20.33 25-Year 6.40 5.32 Historical 12 month distribution 1999 13.89 25.27 rate† (fee-based) 3.47% 30-Year 8.24 6.04 2000 -1.97 -15.21 Investors in fee-based accounts will not be assessed the Source: Bloomberg L.P. deferred sales charge for eligible fee-based purchases and 2001 -0.34 -22.61 must purchase units with a Fee-based CUSIP. The graph represents a hypothetical $10,000 investment 2002 -3.27 -15.57 in the trust strategy (not any actual trust) and the MSCI † The historical 12 month distributions per unit and each 2003 33.68 39.29 EAFESM Index from 12/31/90 through 12/31/20. The graph historical 12 month distribution rate of the securities assumes the sum of the initial investment ($10,000) and all included in the trust are for illustrative purposes only 2004 38.02 20.79 dividends (including those on stocks trading ex-dividend as and are not indicative of the trust’s actual distributions 2005 11.81 14.13 of the last day of the year) and appreciation during a year or distribution rate. The historical 12 month distributions are reinvested at the end of that year. 2006 36.61 26.98 per unit amount is based upon the weighted average All strategy performance is hypothetical (not any of the actual distributions paid by the securities 2007 18.90 11.76 actual trust) and refl ects trust sales charges at the included in the trust over the 12 months preceding 2008 -60.80 -43.09 beginning of each calendar year of 1.85% and expenses the trust’s deposit date, and is reduced to account for but not brokerage commissions on stocks or taxes. Past the effects of fees and expenses which will be incurred 2009 65.95 32.43 performance is no guarantee of future results. Actual when investing in a trust. Each historical 12 month 2010 2.20 8.38 returns will vary from hypothetical strategy returns due distribution rate is calculated by dividing the historical to timing differences and because the trust may not be 12 month distributions amount by the trust’s initial $10 2011 -2.09 -11.67 invested equally in all stocks or be fully invested at all times. In any given year the strategy may lose money or public offering price per unit. There is no guarantee 2012 12.95 17.87 the issuers of the securities included in the trust will underperform the index. Returns are calculated by taking declare dividends or distributions in the future. Due to 2013 13.44 23.57 year-end prices, subtracting them from the prices at the end of the following year (adjusting for any stock splits the negative economic impact across many industries 2014 2.58 -4.20 caused by the recent COVID-19 outbreak, certain issuers that might have occurred during the year) and adding of the securities included in the trust may elect to reduce 2015 -10.11 -0.21 dividends received for the period divided by starting price. Average annual total return and total return measure the amount of, or cancel entirely, dividends and/or 2016 -9.34 1.59 distributions paid in the future. As a result, the historical change in the value of an investment plus dividends, 12 month distributions per unit and each historical 12 2017 11.91 25.69 assuming quarterly reinvestment of dividends. Average annual total return refl ects annualized change while total month distribution rate will likely be higher, and in some 2018 -22.70 -13.32 cases signifi cantly higher, than the actual distribution return refl ects aggregate change and is not annualized. rate achieved by the trust. The distributions paid by the 2019 24.56 22.77 Standard deviation is a measure of volatility that trust, as well as the corresponding rates, may be higher 2020 -2.14 8.39 represents the degree to which an investment’s or lower than the fi gures shown due to certain factors performance has varied from its average performance over that may include, but are not limited to, a change in SM a particular period. Standard deviation does not compare 12/31/90- Portfolio MSCI EAFE the volatility of an investment relative to other investments the dividends or distributions paid by issuers, actual 12/31/20 Strategy Index expenses incurred, currency fl uctuations, the sale of or the overall stock market. The more an investment’s trust securities to pay any deferred sales charges, trust Standard deviation 23.76% 18.85% return varies from the investment’s average return, the fees and expenses, variations in the trust’s per unit price, more volatile the investment. Standard deviation is based Sharpe ratio 0.25 0.19 on past performance and is no guarantee of future results. or with the call, maturity or the sale of securities in the trust. Distributions made by certain securities in the trust Sharpe Ratio is a ratio developed to measure risk-adjusted may include non-ordinary income. performance. It is calculated by subtracting the risk-free rate ** An enhanced sector (or “index”) strategy refers to a unit from the rate of return for a portfolio and dividing the result investment trust strategy, sponsored by Invesco Capital by the standard deviation of the portfolio returns. Markets, Inc., that seeks to outperform an index by investing in an objectively selected subset of stocks from Please keep in mind that high, double-digit and/or triple-digit the same index. returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily See page 2 for the footnotes on the trust specifi cs. achieved during favorable market conditions. Not a Deposit Not FDIC Insured Not Guaranteed by the Bank May Lose Value Not Insured by any Federal Government Agency Portfolio composition Sector breakdown Selection methodology† (As of the business day before deposit date) (As of the business day before deposit date) 1. Start with the Morgan Stanley Capital International EAFESM (Europe, Australasia and Far East) Index.* Australia - 10.04% 2. Assess company quality. Apply sales growth, earnings APA Group APA AU Financials 35.04% Utilities 20.03% and dividend performance screens.** ASX, Ltd. ASX AU 3. Stocks with the highest market capitalization—the top Consumer Belgium - 5.03% 75 percent—are chosen. Ageas, S.A. AGS BB Staples 14.93% 4. Select a portfolio of the twenty highest dividend-yielding Health Care 9.96% stocks. France - 4.98% Industrials 9.89% Sanofi SAN FP * The strategy does not include stocks from Singapore, which in the Materials 5.17% opinion of Invesco, may be subject to undue market volatility and Germany - 4.96% Communication political instability over time or stocks which are passive foreign Allianz SE ALV GR investment companies because of the negative tax treatment Services 4.98% which could result from such ownership. Italy - 10.02% ** Sales growth and earnings screens are defined as positive 1- and Snam, S.p.A. SRG IM 3-year sales and earnings growth. Dividend performance screen is Terna Rete Elettrica Nazionale SpA TRN IM defined as three years of consecutive dividend growth. † Please refer to the prospectus for a complete discussion of the Japan - 4.98% selection methodology. KDDI Corporation 9433 JP Spain - 9.92% ACS Actividades de Construccion y Equity style analysis Style breakdown Servicios, S.A. ACS SM (As of the business day before deposit date) Red Electrica Corporacion, S.A.