# Invesco S&P China A 300 Swap UCITS ETF (CA3S) **Page:** https://fundology.uk/fund/ca3s · ISIN IE000K9Z3SF5 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, CA3S (Invesco S&P China A 300 Swap UCITS ETF, ISIN IE000K9Z3SF5) closed at £4.72 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the three years to 13/11/2026 its total return was +21.3%, or +9.6% after UK CPIH inflation. ## Summary Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- is an exchange-traded fund (ETF) from Invesco, launched in 2022. It tracks the S&P China A 300 Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£4.72** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | CA3S | | ISIN | IE000K9Z3SF5 | | Also listed as | C300 (London Stock Exchange, US dollars), C3AE (Xetra, euros) | | Category | Emerging markets | | Type | ETF | | Provider | Invesco | | Tracks | S&P China A 300 Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £8.5m | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 05/05/2022 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -1.54% | -5.03% | income reinvested | | 3 years | +21.33% | +9.62% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- in pounds (price, with income reinvested in the fund): 2023 −16.6%, 2024 +13.3%, 2025 +29.4%; 2026 to 13/11/2026 −3.9%. Returns of Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +8.2%; to 30/09/2025: +28.5%; to 30/09/2024: −0.1%; to 30/09/2023: −10.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | -16.6% | -19.9% | Price | | 2024 | +13.3% | +9.5% | Price | | 2025 | +29.4% | +25.0% | Price | | 2026 to 13/11/2026 | -3.9% | -7.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 16.69% | -19.13% | | 3 years | 22.93% | -19.50% | ## Largest fall Volatility of Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- in pounds, annualised from weekly returns to 13/11/2026: 16.7% over 1 year, 22.9% over 3 years. Largest fall in the price of Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- since May 2022, in pounds: −35.1% from 01/07/2022 to 02/02/2024. The lowest 12-month return of Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- in pounds (price, with income reinvested in the fund) since May 2022 was −29.9% (12 months to 02/02/2024); the highest was +53.0% (12 months to 19/06/2026). On 13/11/2026 the price of Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- was 17.4% below its highest weekly close since May 2022 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- 0.35% a year. Compared on 14/11/2026, 79 of the 151 other emerging-market share funds charge more, 4 the same and 68 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 30/09/2026, CA3S holds 298 positions, according to its published holdings. The largest is Contemporary Amperex Technology at 3.80% of the fund; the ten largest make up 24.0%. ### Top holdings Largest positions (as of 30/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Contemporary Amperex Technology | [300750](https://fundology.uk/stock/300750) | 3.80% | | 2 | Zhongji Innolight | [300308](https://fundology.uk/stock/300308) | 3.30% | | 3 | Kweichow Moutai | [600519](https://fundology.uk/stock/600519) | 3.20% | | 4 | China Merchants Bank | [600036](https://fundology.uk/stock/600036) | 2.40% | | 5 | Ping An Insurance (Group) Company of China | [601318](https://fundology.uk/stock/601318) | 2.30% | | 6 | Eoptolink Technology | [300502](https://fundology.uk/stock/300502) | 2.10% | | 7 | Zijin Mining Group | [601899](https://fundology.uk/stock/601899) | 1.90% | | 8 | WuXi AppTec | [603259](https://fundology.uk/stock/603259) | 1.70% | | 9 | China Yangtze Power | [600900](https://fundology.uk/stock/600900) | 1.70% | | 10 | Midea Group | [000333](https://fundology.uk/stock/000333) | 1.60% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 23/09/2026. | Sector | Weight | |---|---| | Information Technology | 28.0% | | Industrials | 19.7% | | Financials | 16.9% | | Materials | 10.1% | | Consumer Staples | 6.4% | | Consumer Discretionary | 5.9% | | Health Care | 5.3% | | Utilities | 3.6% | | Other sectors | 4.1% | All 298 holdings: https://fundology.uk/fund/ca3s/holdings ## Questions people ask **What is the ongoing charge of CA3S?** The ongoing charge of CA3S is 0.35% a year — about £35 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco S&P China A 300 Swap UCITS ETF Accum Shs -USD- 0.35% a year. Compared on 14/11/2026, 79 of the 151 other emerging-market share funds charge more, 4 the same and 68 less (share classes counted once). **What does CA3S track?** CA3S tracks the S&P China A 300 Index - Benchmark TR Net. **Is CA3S accumulating or distributing?** CA3S is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of CA3S?** The ISIN of CA3S is IE000K9Z3SF5. An ISIN identifies one exact share class of a fund; CA3S is its ticker on the London Stock Exchange. The same share class is also listed as C300 (London Stock Exchange, US dollars) and C3AE (Xetra, euros). **What does CA3S hold?** As of 30/09/2026, CA3S holds 298 positions, according to its published holdings. The largest is Contemporary Amperex Technology at 3.80% of the fund; the ten largest make up 24.0%. Its ten largest holdings are Contemporary Amperex Technology (3.80%), Zhongji Innolight (3.30%), Kweichow Moutai (3.20%), China Merchants Bank (2.40%), Ping An Insurance (Group) Company of China (2.30%), Eoptolink Technology (2.10%), Zijin Mining Group (1.90%), WuXi AppTec (1.70%), China Yangtze Power (1.70%) and Midea Group (1.60%). **What were CA3S’s returns in each of the last five years?** Calendar-year returns of CA3S in pounds (price, with income reinvested in the fund): 2023 −16.6%, 2024 +13.3%, 2025 +29.4%; 2026 to 13/11/2026 −3.9%. Past performance is not a guide to future returns. **How has CA3S done after inflation?** Over the three years to 13/11/2026 CA3S’s total return was +21.3%, or +9.6% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.