14 important things you should know about Invesco ASICX mutual fund

Updated: June 28, 2020
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Before we start: if you’re looking for ASICX “stock” price, you can quickly find it out by visiting Finny and typing "ASICX quote". If you’re looking for a quick scoop on ASICX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ASICX". You’ll get all this info in one place.

Are you looking to buy or sell ASICX? Or perhaps you’re looking for ASICX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ASICX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ASICX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ASICX buy or sell; the pros and cons of investing in ASICX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ASICX.

And here is the list of questions we’ll answer:

  1. Describe AIM International Mutual Funds (Invesco International Mutual Funds): Invesco Asia Pacific Growth Fd; Cl C Shs (ASICX).
  2. What are ASICX holdings?
  3. What is ASICX performance? What are ASICX historical returns?
  4. How many up and down years did ASICX have historically?
  5. What is ASICX dividend yield?
  6. What is ASICX minimum initial investment amount?
  7. What is ASICX expense ratio?
  8. Does ASICX have any sales loads or 12b-1 distribution expenses?
  9. What is ASICX tax efficiency (tax-cost ratio)?
  10. What is ASICX beta? How would you assess ASICX risk?
  11. What is ASICX Sharpe ratio?
  12. What is ASICX Finny Score? ASICX buy or sell?
  13. What are the pros of investing in ASICX? What are ASICX buy reasons?
  14. What are the cons of investing in ASICX? What are ASICX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AIM International Mutual Funds (Invesco International Mutual Funds): Invesco Asia Pacific Growth Fd; Cl C Shs (ASICX).

The Fund seeks long-term growth of capital by investing in a diversified portfolio of equity securities, the issuers of which are located in Asia or the Pacific Rim and which are considered to have strong earnings momentum or other potential for capital appreciation. The Fund will not invest in Japanese securities.

2. What are ASICX top holdings?

ASICX has 41 stock holdings and 0 bond holdings.

The top 10 holdings represent 38.07% of total assets. Here are the top holdings:

Name Symbol % Assets
Samsung Electronics Co Ltd 005930.KS 4.19%
Yum China Holdings Inc YUMC 4.10%
PT Bank Central Asia Tbk BBCA 4.02%
Broadcom Inc AVGO 3.89%
Taiwan Semiconductor Manufacturing Co Ltd 2330.TW 3.87%
Swire Properties Ltd 01972.HK 3.81%
Alibaba Group Holding Ltd ADR BABA 3.79%
United Overseas Bank Ltd U11.SI 3.74%
CK Asset Holdings Ltd 01113.HK 3.41%
PT Telekomunikasi Indonesia (Persero) Tbk Class B TLKM 3.25%

3. What is ASICX performance? What are ASICX historical returns?

ASICX has generated the following returns:

  • 1-month return is 5.11%;
  • 3-month return is -7.93%;
  • 1-year return is -3.14%;
  • 3-year return is 1.93%;
  • 5-year return is 2.37%;
  • 10-year return is 6.11%;
  • 15-year return is 8.59%.

4. How many up and down years did ASICX have historically?

In the last 10 years, ASICX had 7 up years and 3 down years.

5. What is ASICX dividend yield?

ASICX yield is 0.16%.

6. What is ASICX minimum initial investment amount?

ASICX minimum initial investment amount is $1.00K.

7. What is ASICX expense ratio?

ASICX expense ratio is 2.21%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does ASICX have any sales loads or 12b-1 distribution expenses?

ASICX 12b-1 distribution fee is 1. ASICX front-end sales load is 0. ASICX back-end sales load is 1.

9. What is ASICX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 1.55%;
  • 3-year ax cost ratio is 1.66%.

10. What is ASICX beta? How would you assess ASICX risk?

  • 3-year beta is 0.81;
  • 5-year beta is 0.84;
  • 10-year beta is 0.80.

11. What is ASICX Sharpe ratio?

  • 3-year Sharpe ratio is -0.08;
  • 5-year Sharpe ratio is 0.05;
  • 10-year Sharpe ratio is 0.36.

Analysis

12. What is ASICX Finny Score? ASICX buy or sell?

ASICX Finny Score is 70. Our quantitative analysis shows 7 reasons to buy ASICX and 3 reasons to sell it, resulting in the Finny Score of 70.

13. What are the pros of investing in ASICX? What are ASICX buy reasons?

The following are ASICX strengths from our perspective:

  • ASICX 3-year return is 1.93%, which is higher than the 3-year return of the benchmark index (MSCI AC Asia Pacific Ex Japan NR USD), 1.49%.
  • ASICX 5-year return is 2.37%, which is higher than the 5-year return of the benchmark index (MSCI AC Asia Pacific Ex Japan NR USD), 1.59%.
  • ASICX 10-year return is 6.11%, which is higher than the 10-year return of the benchmark index (MSCI AC Asia Pacific Ex Japan NR USD), 4.63%.
  • ASICX 15-year return is 8.59%, which is higher than the 15-year return of the benchmark index (MSCI AC Asia Pacific Ex Japan NR USD), 6.9%.
  • ASICX 3-year Beta is 0.81, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.
  • ASICX 5-year Beta is 0.84, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.
  • ASICX 10-year Beta is 0.8, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.

14. What are the cons of investing in ASICX? What are ASICX negatives?

The following are ASICX weaknesses from our perspective:

  • ASICX net assets are $31.00 million. This fund is not a popular choice with retail investors.
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
  • ASICX expense ratio is 2.21%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the ASICX review, we covered ASICX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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