Invesco BulletShares 2022 USD Emerging Markets Debt ETF

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests significantly in securities that comprise the Underlying Index.

The Underlying Index seeks to measure the performance of a portfolio of U.S. dollar-denominated emerging markets bonds with maturities or, in some cases, effective maturities in the year 2022 (collectively, 2022 Bonds).

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The fund will concentrate its investments in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries.