Invesco US HY Fallen Angels UCITS ETF Dist

The objective of the Fund is to provide investors with investment results which, before expenses, correspond to the price and yield performance of the FTSE Time-Weighted US Fallen Angel Bond Select Index (Total Return) (the 'Index'). The Fund's base currency is USD. The Index measures the performance of US Dollar 'fallen angels' i.e., US Dollar corporate bonds which were a.) previously rated investment-grade (higher quality) and subsequently downgraded to high-yield (lower quality); or b.) previously rated high-yield, subsequently rated investment-grade and then downgraded again to high yield. The Index is based on the FTSE Time-Weighted US Fallen Angel Bond Index which includes US Dollar-denominated bonds issued by corporations where the country is assigned as Australia, Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom and the United States. This document provides a summary of the principal features of the Index, the complete description of the Index (available from the Index provider) shall at all times prevail. Investors should note that the Index 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 is a passively managed ETF. To achieve the objective the Fund will, as far as possible and practicable, replicate the Index by holding all the securities in the Index in a similar proportion to their respective weightings in the Index. The Index is rebalanced on a monthly basis. 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

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No