Invesco Bloomberg Commodity UCITS ETF Acc

Investment objective: The investment objective of the Fund is to seek to achieve the total return performance of the Bloomberg Commodity Index (the 'Index'), less fees, expenses and transaction costs. Investment approach: The Fund is a passively managed ETF. To achieve the objective the Fund will use unfunded swaps ('Swaps'). These Swaps are an agreement between the Fund and an approved counterparty to exchange one stream of cash flows, against another stream. The Fund will not purchase commodities that comprise the index. The Fund holds a diversified basket of US Treasury Bills. The performance of the Index is swapped to the Fund in exchange for an agreed rate of return reflective of US Treasury Bill market rates. The Fund may be required to provide or receive collateral for any difference in the performance of the Index to the return of the US Treasury Bills. The Fund uses derivatives for investment purposes. The use of such instruments may impact the magnitude and frequency of the fluctuations in the value of the Fund. The Fund's ability to track the Index performance is reliant on the counterparties to continuously deliver the performance of the Index in line with the swap agreements. The insolvency of any institutions acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss. The Fund's base currency is USD. The Index: The Index is designed to be a highly liquid and diversified benchmark for commodities. 24 commodities in six groups (grains, energy, industrial metals, precious metals, livestock and softs) are eligible for inclusion and constituents are selected on four main principles: economic significance, diversification, continuity and liquidity. The Index provides broad based exposure to commodities and no single commodity dominates the Index. The Index is rebalanced on an annual basis. This document provides a summary of the principal features of the Index, the complete description of the Index (available from the I

Physical with swap overlay

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No