Mike Shiao - Invesco Greater Fund Manager
| AACFX Fund | USD 17.23 0.21 1.23% |
Mike Shiao has 25 years of investment experience. He joined Invesco in 2002. In April 2015, he became Chief Investment Officer, Greater China, leading the Greater China equities team. Mike was appointed as Chief Investment Officer, Asia ex Japan, in April 2016. He was previously Head of Equities for Invesco Taiwan Ltd. He moved to Invesco Hong Kong Ltd to expand his coverage to Greater China markets in 2006. Mike started his investment career in 1992 at Grand Regent Investment Ltd., where he worked for six years as a project manager supervising VC investments in Taiwan and China. In 1997, he joined Overseas Credit and Securities Inc. as a senior analyst covering Taiwan technology sector. Mike also worked at Taiwan International Investment Management Co., as a fund manager and was responsible for technology sector research. Mike holds a Bachelors degree from National Chung Hsing University, Taiwan and a MS degree in Finance from Drexel University, Philadelph
| Phone | 800-959-4246 |
Invesco Greater Management Performance (%)
Similar Money Managers
| Found 4 records | One Year Return | ||
| Stephen Lieu | Fidelity China Region | N/A | |
| Michael Lai | Templeton China World | N/A | |
| Eddie Chow | Templeton China World | N/A | |
| Bobby Bao | Fidelity China Region | N/A | |
Invesco Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Invesco Greater a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 17.53 X | |||
| Price To Book | 2.13 X | |||
| Price To Sales | 1.24 X | |||
| Total Asset | 63.9 M | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 2.72 % | |||
| One Year Return | (12.13) % | |||
| Three Year Return | (18.49) % | |||
| Five Year Return | (6.13) % | |||
| Ten Year Return | 6.05 % |
Pair Trading with Invesco Greater
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Greater position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Greater will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Mutual Fund
| 0.77 | OARDX | Oppenheimer Rising | PairCorr |
| 0.65 | AMHYX | Invesco High Yield | PairCorr |
The ability to find closely correlated positions to Invesco Greater could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Greater when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Greater - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Greater China to buy it.
The correlation of Invesco Greater is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Greater moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Greater China moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Greater can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco Greater China. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Invesco Greater China information on this page should be used as a complementary analysis to other Invesco Greater's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.