Key Investor Information This document provides you with key investor information about this Fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest. Invesco Preferred Shares UCITS ETF (the “Fund”) A sub-fund of Invesco Markets II plc (the “Umbrella Fund”) CHF Hdg Acc (ISIN: IE00BDT8TZ34) (the “Share Class”) The Fund is managed by Invesco Investment Management Limited, part of the Invesco Group. Objectives and Investment Policy - The Fund is a passively managed Exchange-Traded Fund (ETF), which aims to track the performance of the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Net Total Return Index (the “Index”)1, less fees, expenses and transaction costs. - To achieve the investment objective the Fund will, as far as possible and practicable, hold all the securities in the Index in their respective weightings. - The Fund's shares are listed on one or more Stock Exchange(s). Investors can buy or sell shares daily through an intermediary directly or on Stock Exchange(s) on which the shares are traded. In exceptional circumstances investors will be permitted to redeem their shares directly from Invesco Markets II plc in accordance with the redemption procedures set out in the prospectus, subject to any applicable laws and relevant charges. - The Fund’s base currency is USD. The Share Class currency is CHF. To minimise exposure to fluctuations in the exchange rate between the Fund's base currency and the Share Class currency, the Share Class enters into foreign exchange transactions (typically FX forwards). - Dividend Policy: This Share Class does not pay you income, but instead reinvests it to grow your capital, in line with its stated objectives. - Net Asset Value: This is calculated daily and the Fund is open for subscriptions and redemptions on each day the United States Federal Reserve System is open. Please refer to the prospectus for further information. - The Index: The Index aims to measure the performance of fixed rate US Dollar denominated preferred securities issued in the US domestic market.The index includes preference shares (perpetual preferred securities) stock and senior and subordinated debt issued in $25, $50 or $100 par/liquidation increments. Securities compromising the Index must be rated at least B3 (based on an average of Moody’s, S&P and Fitch) and must have an investment grade rated country of risk (based on an average of Moody’s, S&P and Fitch foreign currency long term sovereign debt ratings). The Index is rebalanced monthly. The currency version of the Index uses one month foreign exchange (FX) forward contracts to hedge each non-Swiss Franc currency in the Index back to Swiss Francs. Hedging reduces the effect of fluctuations in the exchange rates between the currencies of the equity securities (e.g. shares) that make up the Index and Swiss Franc, the currency of the Share Class. The Index rebalances monthly. Risk and Reward ProfileOther Risks Lower Risk Higher Riskn General Investment Risk: The value of investments, and income from them, can go Typically lower rewards Typically higher rewards down as well as up and you may not get back the full amount you invested.n Concentration risk: The Fund might be concentrated in a specific region or sector orbe exposed to a limited number of positions, which might result in greater 1 2 3 4 5 6 7 fluctuations in the value of the Fund than for a fund that is more diversified.n Equity Risk: The value of equities and equity-related securities can be affected by anumber of factors including the activities and results of the issuer and general and n The Share Class is in risk category 6 due to the rises and falls of itsregional economic and market conditions. This may result in fluctuations in the value price or simulated data in the past.of the Fund. n As the Share Class' risk category has been calculated using historicaln Securities lending: The Fund may be exposed to the risk of the borrower defaulting data, it may not be a reliable indication of the Share Class' future riskon its obligation to return the securities at the end of the loan period and of being profile.unable to sell the collateral provided to it if the borrower defaults. n The risk category may change in the future and is not guaranteed.n Currency hedging: Currency hedging between the base currency of the Fund and the n The lowest category does not mean a risk free investment.currency of the share class may not completely eliminate the currency risk betweenthose two currencies and may affect the performance of the share class.n For more information on risks, please see the Fund prospectus under “Risk Factors”,which is available at etf.invesco.com (select your country and navigate toProduct/Prospectus). ¹Investors 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 prospectus. Charges The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest - *Currently, the Fund is not exercising its entitlement to apply entry and exit charges. Entry charge None* - The ongoing charge is based on the fee paid to the Manager. The Manager is responsible for discharging from its fee, costs attributable to the Investment Exit charge None* Manager, Administrator, Depository as well as the Operational Expenses incurred by the Fund. It excludes portfolio transaction costs except in the case of an entry or exit Charges taken from the Share Class over a year charge paid by the Fund when buying or selling shares/units in another fund. - Because the Fund is an ETF, investors will typically only be able to buy or sell shares Ongoing charge 0.55% in the secondary market. Accordingly, investors may incur brokerage and / or transaction fees in connection with their dealings. Investors may also bear the costs Charges taken from the Share Class under certain specificof "bid-ask" spreads; meaning the difference between the prices at which shares can be bought and sold. You should discuss these fees and costs with your broker before conditions you invest, as they may reduce the amount of your initial investment and the amount Performance fee None you receive on disposal. - 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. - For more information on charges, please see the relevant charges section in the Fund supplement under “General Information Relating to the Fund”, which is available at etf.invesco.com (select your country and navigate to Library/Supplement). Past Performance - Fund launch date: 28 September 2017. % growth - Share Class launch date: 02 May 2018. - The base currency of the Fund is USD. 20 - Past performance of the Share Class is calculated in CHF. - Performance is calculated based on the net asset value of the Fund after deduction 10 of ongoing charges and is inclusive of gross income reinvested. Any entry/exit charges shown are excluded from the calculation. - Past performance is not a guide to future performance. 0 -10 -20 -30 20182019 2020 2021 2022 Share Class12.4 4.1 1.5-24.2 Index 15.5 5.6 1.7-22.1 Practical Information - Fund Depository: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Two, Sir John Rogerson's Quay, Dublin 2, D02 KV60, Ireland. - Tax: This Fund is subject to the tax laws and regulations of Ireland. Depending on your home country of residence, this might have an impact on your investment. For further details, please speak to an adviser. Local taxes may have an impact on the personal tax of your investment in the Fund. - Additional Information: The share prices are published in CHF, on each business day. The prices are available from the administrator during normal business hours and on the following website etf.invesco.com. - Find out more: Further information about the Fund can be obtained from the prospectus and latest annual report. This document is specific to the Invesco Preferred Shares UCITS ETF. However, the prospectus and annual report are prepared for the umbrella fund, Invesco Markets II plc, of which Invesco Preferred Shares UCITS ETF is a sub-fund. These documents are available free of charge. They can be obtained along with other information, such as share prices, at etf.invesco.com (select your country and navigate to Library), by emailing Invest@Invesco.com or by calling +44 (0)20 3370 1100. Details of the Manager's remuneration policy are available at etf.invesco.com and a paper copy is available to investors free of charge upon request. - Pursuant to Irish law, the assets of this Fund are segregated from other sub-funds in the umbrella fund (i.e. the Fund’s assets may not be used to discharge the liabilities of other sub-funds of Invesco Markets II plc). In addition the assets of this Fund are held separately from the assets of other sub-funds. - 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 Company which is being offered at that time. - Invesco Markets II plc may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus. This Fund is authorised in Ireland and regulated by the Central Bank of Ireland. Invesco Investment Management Limited is authorised in Ireland and regulated by the Central Bank of Ireland. This key investor information is accurate as at 15 February 2023.