| Investment Objective: |
The Invesco Comstock Contrarian Equity ETF (the "Fund") seeks total return through growth of capital and current income. The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in common stocks, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund may invest in securities of issuers of any market capitalization, and at times might increase its emphasis on securities of issuers in a particular capitalization range. Under normal market conditions, it is currently expected that the Fund will invest a substantial percentage of its assets in large capitalization issuers. The Fund may also invest in real estate investment trusts ("REITs"). In selecting securities for investment, the portfolio managers focus primarily on a security's potential for capital growth and income. The "contrarian" nature of the strategy reflects that the portfolio managers emphasize a value style of investing, seeking to identify well-established, undervalued companies that have identifiable factors that might lead to improved valuations. |
