Fund Description: Invesco DB US Dollar Index Bullish Fund, formerly PowerShares DB US Dollar Index Bullish Fund is a separate investment portfolio of the Invesco DB US Dollar Index Trust, formerly PowerShares DB US Dollar Index Trust, formerly DB US Dollar Index Master Trust open-ended investment management company. INVESTMENT OBJECTIVE: The Invesco DB US Dollar Index Bullish Fund Bullish Fund seek to track changes, whether positive or negative, in the level of the Deutsche Bank US Dollar Index Futures Index - Excess Return, or the Index, over time, plus the excess, if any, of its corresponding Master Fund’s interest income from its holdings of United States Treasury and other high credit quality short-term fixed income securities over the expenses of the Fund and its corresponding Master Fund. INDEX DESCRIPTION: The Index, which is managed by DB Commodity Services LLC, is a rules-based index composed solely of long USDX futures contracts. The USDX futures contract is designed to replicate the performance of being long the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. The Index Currencies represent the currencies of the major trading partners of the U.S. (and represent the currencies of 17 countries, 12 countries of the Euro zone plus five other countries). The Index derive their investment decisions from methodologies that incorporate technically advanced and robust institutional investment research. FUND STRATEGY: The Fund seeks to track changes in the Index plus the interest income from the fund’s holdings of U.S. Treasury securities less the fund’s expenses. The Fund is designed for investors who want a cost effective and convenient way to track the value of the U.S. dollar relative to a basket of the six major world currencies, the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc. The Fund will invest in DX Contracts, which are futures contracts on the USDX. DX Contracts are traded exclusively through the FINEX currency markets of the NYBOT. The Fund’s portfolio also will hold United States Treasury securities and other high credit quality short-term fixed income securities for deposit with such Master Fund’s Commodity Broker as margin. The Fund’s portfolio is traded with a view to tracking the changes, whether positive or negative, in the levels of the Long Index, as appropriate, over time, whether the Index is rising, falling or flat over any particular period. Not managed by traditional methods, the Fund, which typically involve effecting changes in the composition of the Fund’s portfolio on the basis of judgments relating to economic, financial and market considerations with a view to obtaining positive results under all market conditions. The Shares of the Fund are intended to provide investment results that generally correspond to the changes, whether positive or negative, in the levels of Long Index respectively, over time. The value of the Shares of the Fund is expected to fluctuate in relation to changes in the value of its portfolio. The market price of the Shares of the Fund may not be identical to the net asset value per Share, but these two valuations are expected to be very close. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.