Invesco Balanced-Risk Allocation Fund

The objective of the Fund is to achieve a positive total return over a market cycle with a low to moderate correlation to traditional financial market indices. The Fund intends to gain exposure primarily to shares of companies, debt instruments (issued by governments or companies with a minimum rating of B- by Standard and Poor’s rating agency or equivalent) and commodities worldwide. The Fund intends to gain exposure to assets that are expected to perform differently across the three stages of the market cycle, namely recession, non-inflationary growth and inflationary growth. The Fund may make significant use of derivatives (complex instruments) in order to (i) reduce the risk and/or generate additional capital or income and/or (ii) meet the Fund’s investment objectives by generating varying amounts of leverage (i.e. where the Fund gains market exposure in excess of the net asset value of the Fund). The Fund is actively managed and is not constrained by its benchmark, the 50% FTSE German Government Bond 10 Years+ Index (Total Return), 25% MSCI World Index EUR-Hedged (Net Total Return) & 25% S&P Goldman Sachs Commodity Index EUR-Hedged (Total Return), which is used for comparison purposes. While the benchmark is a suitable proxy for the fund's risk profile, it is not a reflection of the investment strategy and therefore the overlap is minimal. Please refer to the Past Performance section below where a benchmark will be displayed if relevant. You can buy and sell shares in the Fund on any Dealing Day (as defined in the Prospectus). Any income from your investment will be reinvested.