Invesco Nasdaq-100 Income Advantage UCITS ETF DistIndex, costs, backtest, listings and taxation

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Investment objective: The objective of the Fund is to aim to provide total return through the provision of income and long-term capital growth. Dividend Policy: This Share Class declares and distributes a dividend on a monthly basis.

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Investment approach: The Fund is an actively managed ETF. To achieve the investment objective the Fund will generally: 1) invest in an ‘Equity Component’, which is designed to replicate the performance of the NASDAQ-100 Index®(the "Benchmark"). The Fund will invest in US equity securities in proportion to their weightings in the Benchmark as far as possible and practicable; and 2) employ an ‘Income Generation Component’, which seeks to generate income and provide downside protection by investing in options and/or ELNs (equity linked notes), together with holdings in cash and/or cash equivalent securities. Options are financial contracts that represent the right to buy or sell an asset at a stated price within a specified period. ELNs are hybrid instruments, which combine the characteristics of investing in underlying equity securities or an index of equity securities and a related equity derivative, such as a put or call option, in a single note form. The Fund seeks to generate income using covered call and/or cash secured put strategies. The covered call strategy consists of selling call options against the Benchmark. The cash secured put strategy consists of holding cash and/or cash equivalent securities to fully collateralise put options sold against the Benchmark. It is intended that income will be generated through the sale of the options. This is based on the Fund being generally entitled to receive premia generated through the use of options and/or ELNs, which will provide recurring cash flow to the Fund. The Fund will maintain holdings in cash and cash equivalent securities (such as US Treasury Bills and money market funds) as part of the cash secured put strategy, to seek to provide additional downside protection by limiting the Fund’s exposure to broad equity market risk.

The Fund is actively managed in reference to the Benchmark. The Benchmark is used for the construction of the Equity Component (generally up to 85% of the Fund’s net assets). The Income Generation Component is not constrained by the Benchmark. The allocation between the Equity Component and the Income Generation Component of the Fund will vary and therefore the Fund’s securities and weightings will differ from those of the Benchmark. As a result, over time, it is expected that the risk and return characteristics of the Fund may materially diverge from the Benchmark. The Benchmark is also used for comparison purposes for assessing the total return and income characteristics of the portfolio.

Redemption and Dealing of Shares: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 the Umbrella Fund in accordance with the redemption procedures set out in the prospectus, subject to any applicable laws and relevant charges.

Intended Retail InvestorThe Fund is intended for investors aiming for income and long term capital growth, who may not have specific financial expertise but are able to make an informed investment decision based on this document, the supplement, and the prospectus, have a risk appetite consistent with the risk indicator displayed below and understand that there is no capital guarantee or protection (100% of capital is at risk). Practical Information Fund Depositary: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, Ireland. Find out more: This document is specific to the Fund. Further information about the Fund can be obtained from the supplement, the prospectus, annual and interim reports. The prospectus, annual and interim reports are prepared for the Umbrella Fund, of which the Fund is a sub-fund. These documents are available free of charge in English. They can be obtained along with other information, such as share prices, at https://etf.invesco.com (select your country and navigate to the Documents section on the product page), or by calling +353 1 439 8000. The assets of the Fund are segregated as a matter of Irish law and as such, in Ireland, the assets of one sub-fund will not be available to satisfy the liabilities of another sub-fund. This position may be considered differently by the courts in jurisdictions outside of Ireland. Subject to satisfying certain criteria as set out in the prospectus, investors may be able to exchange their investment in the Fund for shares in another sub-fund of the Umbrella which is being offered at that time.

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