| Investment Objective: |
The Invesco India ETF (Fund) is based on the Bloomberg India MVP Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index as well as American depositary receipts and global depositary receipts based on the securities in the Index. The Index is constructed by evaluating all securities in the FTSE India Index and first excluding securities in the bottom 10% based on their 12-month trailing dividend yield. Of the remaining securities, those ranked in the bottom 10% by their quality scores are also then excluded. The Fund and the Index are rebalanced and reconstituted semi-annually. The Index is comprised of securities of large- and mid-capitalization companies based in India that exhibit strong fundamental characteristics for momentum (M), value (V), volatility (V) and profitability (P), utilizing a factor model developed by Bloomberg Intelligence (an affiliate of the Index Provider). The Index Provider aims to select the top 15% of securities in the eligible universe with the strongest momentum, most muted volatility, inexpensive valuations, and highest profitability. |
