Invesco Global Active ESG Equity UCITS ETF EUR PfHdg DistIndex, costs, backtest, listings and taxation

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Investment objective: The objective of the Fund is to achieve a long-term return in excess of the MSCI World Index (the "Benchmark"), by investing in an actively managed portfolio of global equities that meets a defined set of environmental, social, and corporate governance criteria (the "ESG Criteria").

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Investment approach: To achieve the investment objective, the Fund invests in shares of companies from developed markets worldwide. Eligible stocks are screened for compliance with the Fund’s ESG Criteria, which incorporates both exclusion criteria (based on an issuers exposure to controversial business activities or ESG controversies) and a best-in-class approach which selects those securities from each industry that score highest according to the Sub-Investment Manager’s scoring system. Eligible stocks are then scored 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 market averages); and Momentum (i.e. companies whose historical share price performance or earnings growth have exceeded 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. The portfolio construction and optimisation process also aims to reduce the Fund’s revenue-based carbon emissions intensity by at least 50% compared to the Benchmark. The optimisation process also implements a self-decarbonisation portfolio constraint, a 7% year on year reduction in the intensity of funded carbon emissions. Fund holdings are rebalanced monthly. The "quantitative investment model" uses mathematical, logical and statistical techniques for stock selection purposes. The Fund will not seek to track the performance of the Index. The Fund will hold an actively managed portfolio of equities with the aim of delivering superior risk adjusted returns over the long term when compared with the performance of global equity markets, for which the Index serves as a reference. Investors should note that the Benchmark is the intellectual property of the index provider. The Fund is not sponsored or endorsed by the index provider and a full disclaimer can be found in the Fund’s supplement. The Fund may use derivative instruments for the purposes of managing risk, reducing costs, generating additional capital or income. The Fund may engage in securities lending, whereby 90% of the revenues arising from securities lending will be returned to the Fund and 10% of the revenues will be retained by the securities lending agent. The Fund may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. The Fund is an Article 8 Fund (it promotes environmental and/or social characteristics) for the purposes of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector ("SFDR"). The Fund’s base currency is USD. The portfolio-hedged Share Class currency is EUR. To minimise exposure to fluctuations in the exchange rate between the portfolio-hedged Share Class’ currency and the base currencies of the Fund’s underlying holdings, the portfoliohedged Share Class enters into foreign exchange transactions (typically FX forwards). Currency hedging between the base currency of the Fund and the currency of the share class may not completely eliminate the currency risk between those two currencies and may affect the performance of the share class. Dividend Policy: This Share Class declares and distributes a dividend on a quarterly basis.

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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Dividends

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• Moneyfarmzero on single buys from 1,000 €, agreement until 31 December 2026
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