| a Fund returns are based on the inception date of the Fund. Returns for the benchmark indexes are based on the closest month end to the Fund's inception date. |
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV.
|An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the indexes. Index returns do not represent Fund returns. The indexes do not charge management fees or brokerage expenses, nor do the indexes lend securities, and no revenues from securities lending were added to the performance shown. |
As of 11/7/2011
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fundâs return may not match the return of the Underlying Index.
The Fund is subject to management risk because it is an actively managed portfolio. There can be no guarantee that the investment techniques and risk analyses used by the Subadviser or portfolio managers will produce the desired results.
Unlike Index-based ETFs, the Fund is not an index fund. Therefore, the Fund does not necessarily seek to replicate the performance of a specified index.
Actively managed ETFs have a limited trading history and, therefore, there can be no assurance as to whether and/or the extent to which the shares will trade at premiums or discounts to NAV, which is the market value of a fund share.
The Fund may contain securities in the energy, healthcare and information technology sectors. Companies engaged in these sectors are subject to greater risks, and are more greatly impacted by market volatility, than more diversified investments.
Returns on investments in securities of large U.S. companies could trail the returns on investments in stocks of smaller companies.
The Fund is considered non-diversified and may be subject to greater risks than a diversified fund.
The Fund may engage in transactions, including the use of derivatives, which may give rise to a form of leverage. Leverage creates exposure to risk and reward in excess of 100% of the capital invested, which can cause the value of the Fundâs portfolio to be more volatile.
Shares are not individually redeemable and owners of the Shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Units only, typically consisting of aggregations of 50,000 shares.
The Russell Top 200Â® Index is an unmanaged index that consists of the largest 200 securities by market cap of the U.S. market. The Russell Top 200 Index is a trademark/service mark of the Frank Russell Co. RussellÂ® is a trademark of the Frank Russell Co. The S&P 500 IndexÂ® is an unmanaged index considered representative of the U.S. stock market.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
Invesco Advisers, Inc. is the investment sub-adviser; it provides investment sub-advisory services to individual and institutional clients and does not sell securities. Invesco Advisers, Inc. is an indirect, wholly owned subsidiary of Invesco Ltd.