Invesco Markets II plc - Invesco US Enhanced Equity UCITS ETF USD Acc

The Fund is an actively managed Exchange-Traded Fund ("ETF"), which aims to achieve a long-term return in excess of the Benchmark (the S&P 500 Index) by investing in an actively-managed portfolio of US equities. To achieve the investment objective, the Fund will invest primarily in a portfolio of equity and equity-related securities, tracking stocks and depositary receipts of companies from the United States of America. Securities are selected based on two criteria: 1) attractiveness determined in accordance with the quantitative investment model; and 2) consistency between the portfolio’s expected risk characteristics and the Fund’s investment objective. Eligible securities are ranked based on their attractiveness with respect to three investment factors: Value (i.e. companies perceived to be ‘inexpensive’ relative to market averages), Quality (i.e. companies that demonstrate stronger balance sheets relative to sector or market averages) and Momentum (i.e. companies whose historical share price performance or earnings growth have exceeded sector or market averages). The Fund holds a sub-set of these stocks, using an optimisation process that seeks to maximise exposure to those investment factors whilst targeting a risk profile that is consistent with the Fund’s investment objective. Fund holdings are rebalanced monthly. The Fund's shares are listed on one or more Stock Exchange(s). Investors can buy or sell shares daily through an intermediary directly or on Stock Exchange(s) on which the shares are traded. In exceptional circumstances investors will be permitted to redeem their shares directly from Invesco Markets II plc in accordance with the redemption procedures set out in the prospectus, subject to any applicable laws and relevant charges. The Fund may use derivative instruments for the purposes of managing risk, reducing costs or 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 Benchmark: The Fund will not seek to track the performance of the Benchmark. The Fund will hold an actively-managed portfolio of securities with the aim of delivering superior risk-adjusted returns over the long term when compared with the average performance of the US equity market, for which the Benchmark serves as a reference.