Invesco joins Asian income rush

That said, it is still worthwhile looking at Invesco's strategy and examining the investment process used by the fund's managers, Stuart Parks and Tim Dickson.

According to Invesco the investment strategy is based on finding companies that can benefit from the growth of domestic demand in Asia, particularly those with the ability to generate and increase dividend payments.

The two managers begin by looking at the wider economic environment across Asia, looking, for example, at liquidity across different countries and sectors. This helps them to identify attractive opportunities and also manage risk.

The fund has an overweight position in financials (42.37 per cent) with the real estate sector also well represented. A number of companies are trading at a discount to net asset value, growing their earnings and providing an attractive level of income. The fund also holds a number of high-quality IT companies (16.8 per cent). Geographically, the fund is underweight in Australia as the managers believe it has a lower growth profile compared to other economies in the region. Greater China - Hong Kong, Taiwan and China - accounts for almost half.

The fund's total expense ratio (TER) is at the higher end of the scale at 1.83 per cent, according to Hargreaves Lansdown's figures; however, as the fund grows in size this could come down.

Source: Investors Chronicle Funds Data, Invesco Perpetual, *Hargreaves Lansdown

Performance figures as at 23 June 2011

Top ten holdings (as at May 2011)

Geographical Breakdown