Invesco US Municipal Bond UCITS ETF Dist

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. 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. The Index is rebalanced on a monthly basis. This document provides a summary of the principal features of the Index, the complete description of the Index (available from th

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No