Fund Description: Invesco PureBeta MSCI USA Small Cap ETF, formerly PowerShares PureBeta MSCI USA Small Cap 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 PureBeta MSCI USA Small Cap ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of the MSCI USA Small Cap Index. INDEX DESCRIPTION: The MSCI USA Small Cap Index is designed to measure the performance of the small-capitalization segment of the U.S. equity market. The Index Provider weights securities in the Index by their free float-adjusted market capitalization. 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 its Index in proportion to their weightings in the Index. The Fund is non-diversified. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.