# Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD (MCTS) **Source:** https://fundology.uk/fund/mcts · ISIN IE00BM8QS095 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, MCTS (Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD, ISIN IE00BM8QS095) closed at £20.91 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000). Over the five years to 30/09/2026 its total return was +7.3%, or −16.2% after UK CPIH inflation. ## Summary Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD is an exchange-traded fund (ETF) from Invesco, launched in 2021. It tracks the MSCI China Technology All Shares Stock Connect Select Index - USD. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.49% a year — about £49 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: **£20.91** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | MCTS | | ISIN | IE00BM8QS095 | | Category | Technology | | Type | ETF | | Provider | Invesco | | Tracks | MSCI China Technology All Shares Stock Connect Select Index - USD | | Income | Accumulating | | Ongoing charge | 0.49% a year (£49 per £10,000) | | Fund size | £83.9m | | Launched | 2021 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -20.75% | -23.23% | income reinvested | | 3 years | +19.61% | +7.93% | income reinvested | | 5 years | +7.26% | -16.15% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2022 −22.7%, 2023 −23.5%, 2024 +24.1%, 2025 +22.0%; 2026 to 30/09/2026 −13.5%. Returns of Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −20.1%; to 30/09/2025: +42.3%; to 30/09/2024: +2.3%; to 30/09/2023: −14.9%; to 30/09/2022: −22.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -22.7% | -29.3% | Price | | 2023 | -23.5% | -26.6% | Price | | 2024 | +24.1% | +19.8% | Price | | 2025 | +22.0% | +17.8% | Price | | 2026 to 30/09/2026 | -13.5% | -15.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 20.57% | -23.52% | | 3 years | 27.04% | -23.52% | | 5 years | 30.65% | -56.53% | ## Largest fall Volatility of Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD in pounds, annualised from weekly returns to 30/09/2026: 20.6% over 1 year, 27.0% over 3 years, 30.6% over 5 years. Largest fall in the price of Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD since October 2021, in pounds: −56.5% from 12/11/2021 to 02/02/2024. The lowest 12-month return of Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since June 2021 was −43.1% (12 months to 28/10/2022); the highest was +68.5% (12 months to 19/09/2025). On 30/09/2026 the price of Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD was 33.1% below its highest weekly close since October 2021 (12/11/2021), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco MSCI China Technology All Shares Stock Connect UCITS ETF AccumUSD 0.49% a year, as of 01/10/2026: 61 of the 118 other technology funds charge more, 6 the same and 51 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.49%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | Tencent | 11.17% | | Alibaba Group | 9.53% | | Contemporary Amperex Techn-A Cny 1.0000 | 6.65% | | Xiaomi Corp- USD0.0000025 · Class B | 6.60% | | Jd.Com Inc - Hkd 0.0000 · Class A | 3.61% | | Cambricon Technologies | 3.42% | | Lenovo Group | 3.36% | | China Yangtze Power | 3.31% | | Foxconn Industrial Interne-A Cny 1.0000 | 3.13% | | Baidu Inc- Hkd 0.0000 · Class A | 2.48% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector As published by Invesco, as of 30/09/2026. | Sector | Weight | |---|---| | Information Technology | 30.7% | | Consumer Discretionary | 22.3% | | Communication Services | 17.5% | | Industrials | 14.4% | | Materials | 5.7% | | Utilities | 4.7% | | Financials | 1.4% | | Health Care | 1.3% | | Other sectors | 2.0% | ### By country Added up from the holdings Invesco publishes, as of 30/09/2026. | Country | Weight | |---|---| | China | 55.1% | | Cayman Islands | 41.1% | | Hong Kong | 3.4% | | United States | 0.4% | | Not classified | 0.1% | ### By type of asset Added up from the holdings Invesco publishes, as of 30/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.9% | | Cash and money market | 0.1% | All 101 holdings: https://fundology.uk/fund/mcts/holdings --- 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.