Fund Description: Invesco Conservative Multi-Asset Allocation ETF, formerly PowerShares Conservative Multi-Asset Allocation Portfolio is an actively managed exchange-traded fund or Actively Managed ETF which is a separate investment portfolio of the Invesco Actively Managed Exchange-Traded Fund Trust, formerly Powershares Actively Managed Exchange-Traded Fund Trust, an open-ended investment management company. INVESTMENT OBJECTIVE: The Invesco Conservative Multi-Asset Allocation ETF seeks total return consistent with a lower level of risk relative to the broad stock market. The Fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Rather, the sub-adviser has discretion on a daily basis to actively manage the Fund’s portfolio in accordance with the Fund’s investment objective. FUND STRATEGY: The Fund is a fund of funds, meaning that it invests its assets primarily in other underlying ETFs rather than in securities of individual companies. The Fund's target allocation of total assets: 50% to 80% in fixed income ETFs, 20% to 50% in equity ETFs and 5% to 10% in underlying ETFs that invest in foreign stocks and bonds as well as American depositary receipts (ADRs) and global depositary receipts (GDRs). The sub-adviser selects investments based on quantitative and qualitative criteria to strategically allocate across broad asset classes and factors within those classes. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.