Edison Analyzes Invesco Asia Dragon Trust Performance

Invesco Asia Dragon Trust (IAD) has reported an 18.1% net asset value (NAV) total return for the 12 months ending July 2025. This performance was largely driven by strong Asian markets, notably China and Hong Kong, and surpassed its benchmark, the MSCI AC Asia ex-Japan index, which achieved a 16.4% return. The fund employs a contrarian investment strategy that may require time to realize, yet it has consistently performed well over the long term.

The fund's regional bias is minimal, although it is currently optimistic about a revival in Chinese consumption, supported by positive economic indicators. Notably, the trust's share price total return for the past year reached 21.5%, aided by a reduced discount to NAV following the merger with Asia Dragon Trust.