Fund Description: Invesco S&P Global Water Index ETF, formerly PowerShares S&P Global Water Index Portfolio, formerly Guggenheim S&P Global Water Index ETF, formerly the Claymore S&P Global Water Index ETF, is an exchange-traded index fund or Index ETF that is a separate investment portfolio of the Invesco Exchange-Traded Fund Trust II, formerly PowerShares Exchange-Traded Fund Trust II, formerly Claymore Exchange-Traded Fund Trust 2, an open-end investment management company. INVESTMENT OBJECTIVE: The Invesco S&P Global Water Index ETF seeks investment results that correspond generally to the performance, before the Fund's fees and expenses, of the S&P Global Water Index. INDEX DESCRIPTION: The S&P Global Water Index is comprised of 50 equity securities selected, based on investment and other criteria, from a universe of companies listed on global developed market exchanges. S&P generally defines developed markets as the capital markets of those countries with high levels of per capita income and strict market regulation resulting in greater transparency. Specifically, all or any subset of the following countries/regions are currently considered to be developed markets -- Austria, Australia, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, United Kingdom and the U.S. The universe of companies includes all companies classified by Standard & Poor's Industry Classifications as being associated (in a manner representing a major component of such companies' business) with the global demand for water including water utilities, infrastructure, equipment, instruments and materials. FUND STRATEGY: The Fund will normally invest at least 90% of its total assets in common stock and ADRs that comprise the Index. The Fund, using a low cost passive or indexing investment approach seeks to replicate the performance of the Index. The Fund generally will invest in all of the stocks comprising the Index in proportion to their weightings in the Index. However, under various circumstances, it may not be possible or practicable to purchase all of the stocks in the Index in those weightings. In those circumstances, the Fund may purchase a sample of the stocks in the Index in proportions expected by the Investment Adviser to replicate generally the performance of the Index as a whole. There may also be instances in which the Investment Adviser may choose to overweight another stock in the Index, purchase (or sell) securities not in the Index which is believed appropriate to substitute for one or more Index components, or utilize various combinations of other available investment techniques, in seeking to accurately track the Index. In addition, from time to time stocks are added to or removed from the Index. The Fund may sell stocks that are represented in the Index or purchase stocks that are not yet represented in the Index in anticipation of their removal from or addition to the Index. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.