Fund Description: Invesco S&P 500® Low Volatility ETF, formerly PowerShares S&P 500 Low Volatility 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® Low Volatility ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of the S&P 500 Low Volatility Index. INDEX DESCRIPTION: The S&P 500 Low Volatility Index consists of the 100 stocks from the S&P 500 Index with the lowest realized volatility over the past 12 months as determined by Standard & Poor's, the Index Provider. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. 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.