Notice to Shareholders - Prospectus Changes

The Fund is suitable for medium to long term investors seeking capital growth and income through investment in equities which may rise or fall in value and who are willing to accept a moderate level of volatility.

The fund is suitable for medium to long term investors seeking income, together with capital growth. While the Index consists of 50 companies within the Eurozone which historically have had higher dividends and lower volatility, the Fund invests in equities which may rise or fall in value and is therefore suitable for investors who are willing to accept a moderate level of volatility.

The Fund is suitable for medium to long term investors seeking income, together with capital growth. While the Index consists of 100 companies within emerging markets which historically have had higher dividends and lower volatility, the Fund invests in equities which may significantly rise or fall in value and is therefore suitable for investors who are willing to accept at least a moderate level of volatility.

The Fund is suitable for medium to long term investors seeking income, together with capital growth. While the Index consists of 50 U.S. companies which historically have had higher dividends and lower volatility, the Fund invests in equities which may significantly rise or fall in value and is therefore suitable for investors who are willing to accept a moderate level of volatility.

The Fund is suitable for medium to long term investors seeking capital growth and income through investment in debt securities which may rise or fall in value and who are willing to accept a moderate level of volatility and to bear capital and income risk.

The Fund is suitable for medium to long term investors seeking capital growth and income through investment in debt securities which may rise or fall in value and who are willing to accept a low level of volatility. The Fund may not be suitable for investors who plan to withdraw their money within 3 years.

The maximum proportion of a Fund's assets that may be subject to securities lending is 100% and the expected proportion of a Fund's assets that may be subject to securities lending are:

(i)            between 0% and 15% for Equity Funds;

(ii)           Between 0% and 30% for Bond Funds

In accordance with the changes introduced in the German Investment Tax Act, 2018 as amended from time to time ("German Investment Tax Act") effective from 1 January 2018. As of the date of this Prospectus, the Funds of the Company intends to qualify as an equity fund with a Minimum Equity Ratio of 85% (unless otherwise listed below) in accordance with section 2 paragraph 6 of the German Investment Tax Act.

The following Funds of the Company have a Minimum Equity Ratio less than 85%:

·      Invesco FTSE RAFI Emerging Markets UCITS ETF;

·      Invesco FTSE Emerging Markets High Yield Low Volatility UCITS ETF;

·      Invesco Euro Cash 3 Months UCITS ETF; and

·      Invesco US High Yield Fallen Angels UCITS ETF.

The Funds may also enter into securities lending for the purpose of efficient portfolio management and this may reduce the Minimum Equity Ratio of the Funds. However, the qualifying Funds will ensure that they maintain a minimum continuous investment of more than 50% of their net asset value into equities (as defined in section 2 paragraph 8 of the German Investment Tax Act). Please note that the equity ratios of each Fund will be provided by our financial data service provider in Germany to WM Daten for publication. 

Investors should seek advice from their tax advisors on the implications of the German Investment Tax Act.Statutory and General Information.