Fund Description: Invesco FTSE International Low Beta Equal Weight ETF, formerly PowerShares FTSE International Low Beta 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 FTSE International Low Beta Equal Weight ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of the FTSE Developed ex US Low Beta Equal Weight Index. INDEX DESCRIPTION: The FTSE Developed ex US Low Beta Equal Weight Index is designed to provide exposure to constituents of the FTSE Developed ex US Index (the Developed ex US Index) that exhibit low beta characteristics. The Developed ex US Index is designed to measure the performance of the international equity markets, and consists of large and mid-cap companies from developed markets throughout the world, excluding the U.S. Beta is a measure of a security’s price sensitivity (i.e., volatility); it reflects the rate of change in a security’s price that results from overall market movements. To calculate the beta score for each security in the Developed ex US Index, the Index Provider analyzes the security’s monthly returns over the past eighteen months to see the extent to which they correlate with the monthly returns of the index of the country in which the security’s issuer is based. Securities with a beta score less than that of the average beta score of the relevant country index (that is, securities whose price changes exhibit less volatility than the average amount of volatility in the market of the issuer’s country) are eligible for inclusion in the Index. The index is equally weighted, meaning that the Index Provider assigns each component security the same weight in the Index. FUND STRATEGY: The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Fund generally invests in all of the securities comprising the Index in proportion to their weighting in the Index. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.