Invesco Markets II plc - Invesco S&P 500 Quality UCITS ETF Acc

The Fund is a passively-managed Exchange-Traded Fund ("ETF"), which aims to provide exposure to the performance of large capitalisation listed US companies displaying high quality characteristics as assessed by quality score. To achieve the investment objective, the Fund will seek to replicate the Net Total Return performance of the S&P 500 Quality Index (the “Index”) less fees, expenses and transactions costs. The Fund will, as far as possible and practicable, replicate the Index by holding all the securities in the Index in a similar proportion to their respective weightings in the Index. The Fund may use derivative instruments for the purposes of managing risk, reducing costs, generating additional capital or income. The Fund’s base currency is USD. Dividend Policy: This Share Class does not pay you income, but instead reinvests it to grow your capital, in line with its stated objectives. Net Asset Value: This is calculated daily and the Fund is open for subscriptions and redemptions on each day the United States Federal Reserve System is open. Please refer to the prospectus for further information. The Index: The Index is designed to track the performance of high quality companies in the S&P 500 index (the “Parent Index”). The Parent Index is designed to reflect the US large-cap equity market, by including 500 leading companies and covering approximately 80% of the available market capitalisation. The Index is constructed from the Parent Index by selecting the top 100 securities based on their quality scores. These quality scores are calculated using three factors: 1. return on equity; 2. accruals ratio; and 3. financial leverage. Companies with higher return on equity and lower accrual ratios and financial leverage are preferred. These factors are then combined into a single quality score for each company, which is used to rank the securities in the Parent Index. The top 100 securities with the highest quality scores are then selected for the Index. The Index is rebalanced on a semi-annual basis after the close on the third Friday of June and December.