CACSX — Invesco Greater China Fund
Data updated: 2025-03-31
CACSX — Invesco Greater China Fund. Emerging Markets Mid Cap Blend / Core Equity · $50.31M AUM. Holdings, fees, performance and SEC filings.
CACSX Fund Overview
CACSX — Invesco Greater China Fund is a US mutual fund managed by Aim Investment Funds (invesco Investment Funds), categorised as Emerging Markets Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Aim Investment Funds (invesco Investment Funds)
- Category: Emerging Markets Mid Cap Blend / Core Equity
- Assets under management: $50.31M
- 1-year return: 15.8%
- Ticker: CACSX
- SEC CIK: 0000826644
- SEC series ID: S000008408
- Share class ID: C000188884
CACSX Investment Objective and Strategy
Invesco Greater China Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Aim Investment Funds (invesco Investment Funds).
Investment objective
The Fund’s investment objective is long-term growth of capital.
Principal investment strategy
The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity or equity-related instruments issued by companies located or operating in Greater China and in other instruments that have economic characteristics similar to such securities. For this purpose, Greater China currently includes mainland China, Hong Kong, Macau and Taiwan. Up to 20% of the Funds net assets may be invested in equity and equity-related instruments issued by companies or entities not meeting the above requirement or debt securities (including convertible debt) of issuers worldwide. Companies located or operating in Greater China include (i) companies and other entities having their registered office in Greater China, their governments or any of their respective agencies or instrumentalities or any local government, (ii) companies and other entities located outside Greater China carrying out their business activities principally (50% or more by revenue, profit, assets or production) in Greater China, or (iii) holding companies, the interests of which are principally invested in subsidiary companies with a registered office in Greater China.
The Fund invests primarily in equity securities, depositary receipts, and participation notes. The principal types of equity securities in which the Fund invests are common and preferred stock and convertible securities. The Fund also invests in China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange). The Fund may invest in the securities of issuers of all capitalization sizes and may hold a significant amount of its net assets in the securities of small- and mid-capitalization issuers. The Fund may invest up to 100% of its net assets in foreign securities, including securities of issuers located in emerging markets countries, i.e., those that are in the early stages of their industrial cycles. In selecting securities to buy and sell, the Funds portfolio manager will apply an actively managed bottom-up fundamental analysis with a sustainable value investment style.
This means that the portfolio manager focuses on acquiring companies the portfolio manager believes have sustainable leadership positions and competitive advantages when they trade at a discount to their fair value. In the security selection process, the portfolio manager will consider three main factors, including valuation, management/franchise value determination (including management and ownership, earnings quality, balance sheet quality and product quality), and earnings growth. The portfolio manager will consider whether to sell a particular security when the portfolio manager loses confidence in the issuers management, or the issuer shows an inability to sustain clear industry leadership or competitive advantages (market share, technology, scale, etc.) or potential to become a leader in the industry.
CACSX Holdings
Top 10 holdings of Invesco Greater China Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Tencent Holdings Ltd. | 14.99% |
| Alibaba Group Holding Ltd. | 4.77% |
| Sieyuan Electric Co., Ltd. | 3.91% |
| Luxshare Precision Industry Co., Ltd. | 3.62% |
| China Yangtze Power Co., Ltd. | 3.41% |
| China Construction Bank Corp. | 3.34% |
| Zijin Mining Group Co. Ltd. | 3.33% |
| NetEase, Inc. | 2.82% |
| Bank of China Ltd. | 2.52% |
| Meituan | 2.50% |
CACSX Portfolio Allocation
Asset-class allocation of Invesco Greater China Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
| Cash & Equivalents | 0.4% |
CACSX Performance
Total returns for CACSX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 15.8% |
| 3 years (annualised) | -8.1% |
| 5 years (annualised) | -4.5% |
CACSX Risk Information
Risk metrics for CACSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.3%
CACSX Costs and Fees
CACSX costs about $121 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.21%
- Gross expense ratio: 1.21%
- Portfolio turnover: 59%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
CACSX Cashflows
Over the 12 months to 2025-01, Invesco Greater China Fund had net outflows of $10.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-01 | −$685.54K |
| 2024-12 | −$663.25K |
| 2024-11 | −$1.16M |
| 2024-10 | −$501.01K |
| 2024-09 | $11.00K |
| 2024-08 | −$681.71K |
CACSX Debt Constituents
No individual debt constituents are reported in Invesco Greater China Fund's latest SEC N-PORT filing.
CACSX Prospectus and SEC Filings
Official Invesco Greater China Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-27
- Prospectus (485BPOS) — filed 2023-02-28
- Prospectus (485BPOS) — filed 2022-02-25
- Portfolio holdings (N-PORT) — filed 2025-03-31
- Portfolio holdings (N-PORT) — filed 2024-12-30
- Portfolio holdings (N-PORT) — filed 2024-09-27
- Annual census (N-CEN) — filed 2025-01-14
- Annual census (N-CEN) — filed 2024-01-16
Related Funds
Other Emerging Markets Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.