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Invesco Great Wall Core Competence Mixed Securities Fund Prospectus

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Invesco Great Wall Core Competence Mixed Securities Fund Prospectus Invesco Great Wall Core Competence Mixed Securities Fund Prospectus 3 August 2019 Invesco Great Wall Core Competence Mixed Securities Fund Hong Kong Supplement Additional Information for Hong Kong Investors 3 August 2019 The Manager of the Fund, Invesco Great Wall Fund Management Company Limited, accepts full responsibility for the accuracy of the information contained in the Prospectus, this Hong Kong Supplement and the Product Key Facts Statement and confirm, having made all reasonable enquiries, that to the best of its knowledge and belief there are no other facts the omission of which would make any statement misleading. Important – If you are in any doubt about the contents of the Prospectus, this Hong Kong Supplement, the Product Key Facts Statement or the latest audited annual report and, if published thereafter, the latest unaudited semi- annual report and/or quarterly report accompanying this document you should seek independent professional advice. MAIN\KISIU\25690000_1.docx Invesco Great Wall Core Competence Mixed Securities Fund Hong Kong Supplement Additional Information for Hong Kong Investors Information for Hong Kong Investors The Invesco Great Wall Core Competence Mixed Securities Fund (the "Fund") is established by a fund contract between the Manager and the Custodian effective on 20 December 2011 and approved by the China Securities Regulatory Commission (the "CSRC") on 5 September 2011 under the laws of the People’s Republic of China (the "PRC" or "Mainland"). The home regulator of the Fund is the CSRC and the prospectus of the Fund (the "Prospectus") has been registered with the CSRC. This Hong Kong Supplement and the Product Key Facts Statement are prepared for distribution in Hong Kong only. This Hong Kong Supplement primarily sets out the additional information relating to the Fund in connection with the offering of the Fund to investors in Hong Kong. It must be read in conjunction with the Fund's latest available Prospectus and the Product Key Facts Statement. Hong Kong investors that have invested in the Fund shall be referred to as "Investors" in this Hong Kong Supplement and the Product Key Facts Statement. "Unitholders" refers to persons recorded as the holder of the Units in the register of Unitholders of the Fund (please refer to the section headed "Voting at Unitholders' Meetings" in this Hong Kong Supplement). Class H Units are offered only on the basis of the information contained in the Prospectus, this Hong Kong Supplement and the Product Key Facts Statement, which are valid only if accompanied by a copy of the latest audited annual report and, if published thereafter, the latest unaudited semi-annual report and quarterly report. All terms used in this Hong Kong Supplement shall bear the same meaning as in the Prospectus unless the context otherwise requires. In the event of any inconsistency between the contents of the Prospectus and this Hong Kong Supplement, the information contained in the latter shall prevail. Warning: In relation to the funds as set out in the Hong Kong offering documents, only the following fund is authorised by the Securities and Futures Commission of Hong Kong ("SFC") pursuant to section 104 of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) (the "SFO") and hence may be offered to the public of Hong Kong: • Invesco Great Wall Core Competence Mixed Securities Fund Warning: Please note that the other funds mentioned in the Hong Kong offering documents may not be authorized by the SFC for offering to the public in Hong Kong. It is an offence to offer any of those funds which have not been authorized by the SFC to the public in Hong Kong unless an exemption under section 103 of the SFO applies. Intermediaries should take note of this. SFC authorization is not a recommendation or endorsement of the Fund nor does it guarantee the commercial merits of the Fund or its performance. It does not mean the Fund is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors. Without prejudice to the principle of equal treatment for Mainland and Hong Kong investors, apart from the description on the procedures for subscription, redemption and switching of classes of Units offered in the Mainland only (i.e., which are not available to Investors) as stated in the Prospectus, the following sections of the Prospectus, among others, are not relevant in connection with the offering of the Fund to Hong Kong investors: • Part I of Section V. Relevant Service Agencies. • Section VI. Offering of Units. • Section XXI. Services to Unitholders. (Excluding subsection II “Reinvestment of Dividends”). Unit Class Offered in Hong Kong The following class of units of the Fund ("Units") are offered to the Hong Kong public: • Class H Units Currently, only Class H Units are offered to the Hong Kong public. The features of Class H Units are set out below: Base currency RMB Price on first Class H Units Dealing The net asset value ("NAV") per Class A Unit calculated on the first Class H Units Dealing Day Day (as defined in the section headed "Hong Kong Dealing Arrangements – Subscription Applications" in this Hong Kong Supplement) Minimum initial investment RMB10,000 Minimum additional investment RMB10,000 Minimum holding 10 Class H Units Minimum redemption Nil Management fee 1.50% per annum of the NAV of the Fund (payable to the Manager) Custody fee 0.25% per annum of the NAV of the Fund (payable to the Custodian) Subscription fee Up to 5.00% of the subscription amount (payable to the relevant Intermediary (as defined below)) Redemption fee 0.13% of the redemption amount (payable to the Fund) Switching fee Not applicable – switching of Units is not currently available to Investors. (payable to the Fund) Dividend policy All distributions declared (which is in the Manager's discretion) on the Fund will be automatically reinvested in further Units of the same class and will not be distributed in the form of cash. Distributions may be made from accrued net distributable income carried over from the previous financial year(s), which amounts to distributions out of capital/or effectively out of capital. - ii - Invesco Great Wall Core Competence Mixed Securities Fund Hong Kong Supplement Additional Information for Hong Kong Investors Mutual Recognition of Funds between the Mainland and Hong Kong The SFC and the CSRC signed a Memorandum of Regulatory Cooperation concerning Mutual Recognition of Funds between the Mainland and Hong Kong on 22 May 2015, providing a framework for mutual recognition of publicly offered funds between the CSRC and the SFC so that such recognised funds can be offered to the public in both markets (the "MRF Scheme"). The Fund is registered with and regulated by the CSRC and has been authorised by the SFC under the SFO pursuant to the terms of the MRF Scheme. The MRF Scheme operates under the following principles: (a) the Fund meets the prevailing eligibility requirements released by the SFC; (b) the Fund remains registered with the CSRC and is allowed to be marketed to the public within Mainland China; (c) the Fund generally operates and is managed in accordance with the relevant laws and regulations in Mainland China and its constitutive documents (i.e. the Fund Contract); (d) the sale and distribution of the Fund in Hong Kong shall comply with the applicable laws and regulations in Hong Kong; (e) the Fund will comply with the additional rules released by the SFC governing the authorisation, post-authorisation and ongoing compliance, and the sale and distribution of the Fund in Hong Kong; and (f) during the period the Fund remains authorised by the SFC, the Manager shall ensure Unitholders in both Mainland China and Hong Kong receive fair and the same treatment, including in respect of investor protection, exercise of rights, compensation and disclosure of information. The Fund is subject to the following eligibility requirements1: • the Fund is of an eligible fund type under the MRF Scheme; • the Fund is established and managed and operates in accordance with Mainland laws and regulations and its constitutive documents; • the Fund is a publicly offered securities investment fund registered with the CSRC under the Securities Investment Fund Law of the Mainland; • the Fund has been established for more than one year; • the Fund has a minimum fund size of not less than RMB200 million or its equivalent in a different currency; • the Fund does not primarily invest in the Hong Kong market; and • the value of Units in the Fund sold to investors in Hong Kong shall not be more than 50% of the value of the Fund’s total assets. The Manager is registered and operates in Mainland China in accordance with Mainland China laws and regulations and is licensed by the CSRC to manage publicly offered securities investment funds. The Custodian is qualified to act as custodian for publicly offered securities investment funds pursuant to Mainland China laws and regulations. If the Fund ceases to meet any of the requirements under the MRF Scheme, the Manager shall notify the SFC immediately upon becoming aware of the circumstances and the Fund may not continue to be marketed to the public of Hong Kong and may not be allowed to accept new subscriptions. In the worst scenario, the SFC may even withdraw its authorization of the Fund to be publicly offered in Hong Kong for breach of requirements as stipulated by the SFC. The Manager shall ensure that Hong Kong and Mainland Unitholders will receive fair and the same treatment with respect to, without limitation, investor protection, exercise of Unitholders' rights, compensation and information disclosure including that revised offering documents and ongoing disclosures shall be made available to Hong Kong and Mainland Unitholders at the same time.
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