Fund Description: Invesco S&P 500® High Beta ETF, formerly PowerShares S&P 500 High Beta 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 S&P 500® High Beta ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of the S&P 500 High Beta Index. INDEX DESCRIPTION: The S&P 500 High Beta Index consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months as determined by Standard & Poor's, the Index Provider. Beta is a measure of how closely correlated a stock's returns are to that of the market, which for the Index includes all of the stocks included in the S&P 500 Index. FUND STRATEGY: The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before expenses, the performance of the Index. The Fund generally will invest in the stocks comprising the Index in proportion to their weightings in the Index. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.