Invesco Net Zero Global Investment Grade Corporate Bond Fund I (Acc) GBP Hedged

The Fund aims to contribute to the goal of achieving global net zero greenhouse gas emissions by 2050 or sooner. As part of achieving its objective the Fund intends to deliver income together with long-term capital growth. - The Fund will invest primarily in high quality debt instruments issued by companies worldwide, which in the view of the investment manager, are in line with the requirements of a Net Zero investment strategy and meet the Fund’s environmental, social and governance (ESG) criteria. - A Net Zero strategy is a strategy that focuses on achieving alignment objectives to: - Decarbonise investment portfolios in a way that is consistent with achieving global net zero greenhouse gas (GHG) emissions by 2050. - Increase investment in the range of ‘climate solutions’ needed to meet that goal. - To meet the Net Zero goal, the Fund will apply multi-faceted approach. The Fund will manage the reduction of the portfolio greenhouse gas emissions over the long term. This means that the Fund will invest in issuers that are already aligned to the decarbonisation pathway, as well as issuers which are on their way to alignment. - The Fund will allocate a portion of the Fund to issuers and instruments linked to climate solution activities (including, but not limited to, alternative energy, electric/hybrid vehicles, energy efficiency, green buildings, pollution prevention and renewable power). - As a result, the Fund will select issuers which are making consistent progress on aligning their business models to Net Zero. - Screening will be employed to exclude companies and/or issuers that do not meet the Fund’s criteria on a range of other environmental and social metrics, including but not limited to the principal adverse impacts required to be considered pursuant to the applicable EU regulation and the level of involvement in activities such as unconventional oil and gas. - The Fund may invest in contingent convertibles. - 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 Bloomberg Global Aggregate Corporate Index, which is used for comparison purposes. - While the benchmark is not consistent with the ESG characteristics of the Fund, it is a suitable proxy for the wider investment universe and therefore it is likely that some of the issuers in the Fund are also components of the benchmark. - The Fund has broad discretion over portfolio construction and therefore securities, weightings and risk characteristics will differ. As a result, it is expected that over time the risk return characteristics of the Fund may diverge materially to the benchmark. - Please refer to the Past Performance section below where a benchmark will be displayed if relevant. - The Fund has a sustainable investment as its objective as covered under Article 9 of the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector. - 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. Objectives and Investment Policy