Invesco US High Yield Fallen Angels UCITS ETF Dist

The objective of the Fund is to provide investors with investment results which, before expenses, would correspond to the price and yield performance of the FTSE Time-Weighted US Fallen Angel Bond Select Index (Total Return) (the Index) by investing in a representative sample of the constituents of the Index. The Index measures the performance of US fallen angels i.e., US$ corporate bonds which were (i) previously rated investment-grade (higher quality) and subsequently downgraded to high-yield (lower quality); or (ii) previously rated high-yield, subsequently rated investment-grade and then downgraded again to high yield.