Fund Description: Invesco Dynamic Software ETF, formerly PowerShares Dynamic Software Portfolio is an exchange-traded index fund or index ETF which is a separate portfolio of the Invesco Exchange-Traded Fund Trust, formerly PowerShares Exchange-Traded Fund Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Invesco Dynamic Software ETF seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Dynamic Software Intellidex Index (AMEX ticker symbols: Index: DZC, Intraday NAV: CJK). The Fund will normally invest at least 80% of its total assets in common stocks of software companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Software Intellidex. The Adviser will seek to match the performance of the Underlying Sector Intellidex. The Software Intellidex is comprised of stocks of 30 U.S. software companies. These are companies that are principally engaged in the research, design, production or distribution of products or processes that relate to software applications and systems and information-based services. These companies may include, for example, companies that design products such as systems-level software (to run the basic functions of a computer) or applications software (for one type of work) for general use or use by certain industries or groups; companies that provide communications software; and companies that provide time-sharing services, internet software and home entertainment software. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.