Invesco US Municipal Bond UCITS ETF DistIndex, costs, backtest, listings and taxation

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Investment objective: The investment objective of the Fund is to achieve the total return performance of the ICE BofA US Taxable Municipal Securities Plus Index (the "Index"), less fees, expenses and transaction costs. Investment approach: The Fund is a passively managed ETF. To achieve the investment objective, the Fund will employ sampling techniques to select securities in the Index which may include but are not limited to index weighted average duration, industry sectors, country weights, liquidity and credit quality. The use of the sampling approach will result in the Fund holding a smaller number of securities than are in the underlying 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.

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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. The Index: The Index is designed to reflect the performance of US dollar denominated taxable municipal debt publicly issued by US states and territories, and their political subdivisions, in the US domestic market. To be eligible for inclusion in the Reference Index, securities must: (i) have principal and interest denominated in USD; (ii) be subject to US federal taxes; iii) have at least 18 months to final maturity at the time of issuance; (iv) have at least one year remaining term to final maturity; (v) have a fixed coupon schedule (including zero coupon bonds); and (vi) have an investment grade rating (based on an average of Moody’s Investors Services, Inc. ("Moody’s"), S&P Global Ratings ("S&P") and Fitch Ratings, Inc. ("Fitch"). To be eligible for inclusion in the Reference Index, securities must comply with minimum amount outstanding criteria that varies based on the initial term to final maturity at time of issuance. Reference index constituents are market capitalization weighted.

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Dividends

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