Invesco Asia Trust (IAT) today announced the combination with Asia Dragon Trust (DGN), involving the transfer of certain assets of the latter to IAT in exchange for new IAT shares through a scheme of reconstruction and wind-up of DGN, with the new entity renamed Invesco Asia Dragon Trust. Investors in both trusts will benefit from IAT’s investment strategy with a proven track record, greater economies of scale, a new attractive fee structure, as well as an unconditional tender offer for up to 100% of the issued share capital conducted every three years.

28 Oct 2024
Invesco Asia Trust - Combination to create the ‘go-to’ Asian trust

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Invesco Asia Trust - Combination to create the ‘go-to’ Asian trust
Invesco Asia Dragon Trust PLC GBP (IAD:LON) | 407 8.1 0.5% | Mkt Cap: 835.4m
- Published:
28 Oct 2024 -
Author:
Milosz Papst -
Pages:
2 -
Invesco Asia Trust (IAT) today announced the combination with Asia Dragon Trust (DGN), involving the transfer of certain assets of the latter to IAT in exchange for new IAT shares through a scheme of reconstruction and wind-up of DGN, with the new entity renamed Invesco Asia Dragon Trust. Investors in both trusts will benefit from IAT’s investment strategy with a proven track record, greater economies of scale, a new attractive fee structure, as well as an unconditional tender offer for up to 100% of the issued share capital conducted every three years.