Fund Description: Invesco PureBeta MSCI USA ETF, formerly PowerShares PureBeta MSCI USA 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 PowerShares PureBeta MSCI USA Portfolio seeks investment results that correspond generally to the price and yield, before fees and expenses, of the MSCI USA Index. INDEX DESCRIPTION: The MSCI USA Index is designed to measure the performance of the large- and mid-capitalization segments 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 is non-diversified. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.