Fund Description: Invesco Russell 1000 Equal Weight ETF, formerly PowerShares Russell 1000 Equal Weight Portfolio is an exchange-traded index fund or Index ETF which is a separate portfolio of the Invesco Exchange-Traded Fund Trust II, formerly PowerShares Exchange-Traded Fund Trust II, an open-end investment management company. INVESTMENT OBJECTIVE: The Invesco Russell 1000 Equal Weight ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of the Russell 1000 Equal Weight Index. INDEX DESCRIPTION: The Invesco Russell 1000 Equal Weight ETF is composed of all of the securities in the Russell 1000 Index (the Russell 1000) equally weighted. The Index Provider, Frank Russell Co., equally weights the Index by applying a two-step weighting process. First, the Index Provider separates the component securities of the Russell 1000 into different economic sector groups based on the Russell Global Sectors (the RGS) classification system. There are nine economic sectors within the RGS classification system. Next, the Index Provider equally weights those nine sector groups, and then equally weights the individual securities within each of those sector groups. The Index Provider re-weights the Index quarterly and reconstitutes it annually in accordance with this equally-weighted methodology. The Russell 1000 is composed of approximately 1,000 of the largest securities within the Russell 3000 Index. It measures the performance of the large-cap segment of the U.S. equity universe, representing approximately 92% of the equity U.S. market. Securities within the Russell 1000 are weighted based on total market capitalization. Although the Russell 1000 generally measures the performance of securities of large-cap companies, the Index also may include securities of small- and mid-cap issuers. Additionally, due to the equal weighting methodology of the Index, the Fund may have greater exposure to small- or mid-cap issuers than would be the case if a traditional capitalization-weighted methodology were used. The Index is re-weighted at the close of the last business day in March and September, and at the close of the third Friday in December. It also is completely reconstituted annually at the close of the last Friday in June to ensure that new and growing equities are reflected. FUND STRATEGY: The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. Because the Fund uses an indexing approach to try to achieve its investment objective, the Fund will not take temporary defensive positions during periods of adverse market, economic or other conditions. The Fund generally will invest in all of the securities comprising its Index in proportion to the weightings of the securities in the Index. However, under various circumstances, it may not be possible or practicable to purchase all of those securities in those same weightings. In those circumstances, the Fund may purchase a sample of securities in its Index. There also may be instances in which the Adviser may choose to (i) overweight a security in the Index, (ii) purchase securities not contained in the Index that the Adviser believes are appropriate to substitute for certain securities in the Index, or (iii) utilize various combinations of other available investment techniques, in seeking to track the Index. The Fund may sell securities included in the Index in anticipation of their removal from the Index, or purchase securities not included in the Index in anticipation of their addition to the Index. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.