Invesco Euro Corporate Bond FundZ-AD Shares31 January 2021

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*Source: © 2021 Morningstar. Gross income re-invested to 31 January 2021 unless otherwise stated. The figures do not reflect the entry charge payable byindividual investors. All performance data on this factsheet is in the currency of the share class. Reference Benchmark Source: RIMES. Please refer to Page 3 forRisk Warnings and Important Information.

Summary of fund objectiveThe Fund aims to achieve a combination ofincome and capital growth over themedium to long-term. The Fund seeks toachieve its objective by investing primarilyin debt securities denominated in Euroissued by corporate issuers. For the fullobjectives and investment policy pleaseconsult the current prospectus.

Key facts

Paul ReadHenley -on- ThamesManaged fund sinceMarch 2006

Julien EberhardtHenley -on- ThamesManaged fund sinceDecember 2016

Tom HemmantHenley -on- ThamesManaged fund sinceAugust 2020

Share class launch21 August 2013Original fund launch 31 March 2006Legal statusLuxembourg SICAV with UCITS statusShare class currencyEURShare class typeIncomeFund sizeEUR 2.13 bn Reference BenchmarkBofA Euro Corporate IndexBloomberg codeINECZAD LXISIN codeLU0955864060Settlement dateTrade Date + 3 DaysMorningstar RatingTMAAAAA

Fund StrategyThe fund holds a diversified portfolio of investment grade bonds with a small allocation tonon-financial corporate high yield bonds. The largest allocation by industry remains financialswith further notable holdings in non-financial hybrid bonds (bonds that have some equity likecharacteristics). To benefit from the additional yield available the fund also has an allocationto US dollar denominated bonds. The currency exposure from these bonds is hedged back toeuros.

Indexed performance*Fund Benchmark

01/16 01/17 01/18 01/19 01/20 01/2180

90

100

110

120

Data points are as at month end.

Cumulative performance*in % YTD 1 month 1 year 3 years 5 years

Fund -0.28 -0.28 2.02 9.15 18.45

Benchmark -0.12 -0.12 1.37 7.98 14.86

Calendar year performance*in % 2016 2017 2018 2019 2020

Fund 3.06 4.06 -2.87 8.89 3.45

Benchmark 4.75 2.42 -1.14 6.25 2.65

Standardised rolling 12 month performance*31.01.16 31.01.17 31.01.18 31.01.19 31.01.20

in % 31.01.17 31.01.18 31.01.19 31.01.20 31.01.21

Fund 3.94 4.41 -1.42 8.53 2.02

Benchmark 3.53 2.74 0.17 6.34 1.37Past performance is not a guide to future returns.

Invesco Euro Corporate Bond FundZ-AD Shares31 January 2021

-2/3-Source: *Invesco. Portfolio weightings and allocations are subject to change. The weightings for each breakdown are rounded to the nearest tenth orhundredth of a percent; therefore, the aggregate weights for each breakdown may not equal 100%.

Credit ratings of the fund in %*

g AAAg AAg Ag BBBg BBg Bg CCC and Belowg Cash

NAV and fees

Current NAVEUR 11.20 12 month price highEUR 11.26 (11/01/2021)12 month price lowEUR 9.85 (24/03/2020)Minimum investment 1

EUR 1,000Entry charge Up to 5.00%Annual management fee0.5%Ongoing charges 2

0.77%

Top 10 issuers*

(total holdings: 326)in %

AT&T 3.2

Total 2.8

Allianz 2.8

Nat West 2.6

BP 2.1

AXA 1.8

Walgreens 1.7

Sanofi 1.7

Rabobank 1.6

Apple 1.6

Credit ratings*

(average rating: BBB)in %

AAA 2.6

AA 9.0

A 20.9

BBB 40.6

BB 12.8

B 3.4

CCC and Below 0.5

Cash 10.1

Modified duration* in %

Modified duration 4.2

Yield %*

Gross Current Yield 2.21

Gross Redemption Yield 1.47

Invesco Euro Corporate Bond FundZ-AD Shares31 January 2021

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Page3 Profile = [Page3Profile]ISIN = [ISIN]

Fund Reg Loc = [Locale]DeskNet Job ID = Not in Data to Tag

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Risk Warnings

The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may notget back the full amount invested. Debt instruments are exposed to credit risk which is the ability of the borrower to repay the interest andcapital on the redemption date. Changes in interest rates will result in fluctuations in the value of the fund. The fund uses derivatives(complex instruments) for investment purposes, which may result in the fund being significantly leveraged and may result in largefluctuations in the value of the fund. The fund may invest in distressed securities which carry a significant risk of capital loss. The fund mayinvest in contingent convertible bonds which may result in significant risk of capital loss based on certain trigger events.

Important Information

1The minimum investment amounts are: USD 1,500 / EUR 1,000 / GBP 1,000 / CHF 1,500 / SEK 10,000. Please contact us orrefer to the most up to date Prospectus for details of minimum investment amounts in other currencies.2The ongoing charges figure is based on annualised expenses for the period ending August 2020. This figure may vary from yearto year. It excludes portfolio transaction costs except in the case of an entry or exit charge paid by the Fund when buying orselling shares/units in another fund.

"Z" shares are available to distributors and financial intermediaries, which according to regulatory requirements or based on individual feearrangements with their clients, are not allowed to accept and keep commissions on management fee, subject to the approval of theManagement Company. No commissions on management fee may be paid to any distributor or financial intermediary in relation to any ofthe “Z” Shares. Shareholders in the “Z" Shares who subscribed prior to 12 December 2017, when different share class access applied,are not subject to the above access requirements. Previous Benchmark: Mstar GIF OS EUR Corporate Bond up to 29 February 2020.Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those ofother investment professionals and are subject to change without notice. This marketing document is not an invitation to subscribe forshares in the fund and is by way of information only, it should not be considered financial advice. This does not constitute an offer orsolicitation by anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such anoffer or solicitation. Persons interested in acquiring the fund should inform themselves as to (i) the legal requirements in the countries oftheir nationality, residence, ordinary residence or domicile; (ii) any foreign exchange controls and (iii) any relevant tax consequences. Aswith all investments, there are associated risks. This document is by way of information only. Asset management services are provided byInvesco in accordance with appropriate local legislation and regulations. The fund is available only in jurisdictions where its promotion andsale is permitted. Not all share classes of this fund may be available for public sale in all jurisdictions and not all share classes are the samenor do they necessarily suit every investor. Fee structure and minimum investment levels may vary dependent on share class chosen.Please check the most recent version of the fund prospectus in relation to the criteria for the individual share classes and contact yourlocal Invesco office for full details of the fund registration status in your jurisdiction. This document is marketing material and is notintended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that requireimpartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade beforepublication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sellsecurities. Please refer to the most up to date relevant fund and share class-specific Key Investor Information Document, the latestProspectus and Annual or Interim Short Reports for more information on our funds. UK based investors should also refer to the relevantSupplementary Information Document. This information is available using the contact details shown. The yields shown are expressed as a% per annum of the current NAV of the fund. They are an estimate for the next 12 months, assuming that the fund’s portfolio remainsunchanged and there are no defaults or deferrals of coupon payments or capital repayments. Cash income is estimated coupons frombonds. The gross current yield is an indication of the expected cash income over the next 12 months. The estimated gross redemptionyield is a longer-term picture indicating expected annual total return. This means that in addition to expected cash income, it includes theamortised annual value of unrealised capital gains or losses of bond holdings currently held by the fund, calculated with reference to theircurrent market price and expected redemption value made upon maturity of the bonds. Neither of the yields is guaranteed. Nor do theyreflect the fund charges or the entry charge of the fund. Investors may be subject to tax on distributions. Issued in Jersey and Guernseyby Invesco Management S.A., President Building, 37A Avenue JF Kennedy, L-1855 Luxembourg, regulated by the Commission deSurveillance du Secteur Financier, Luxembourg. In Guernsey the fund can only be promoted to Professional Clients. Issued in the UK byInvesco Management S.A., President Building, 37A Avenue JF Kennedy, L-1855 Luxembourg, regulated by the Commission deSurveillance du Secteur Financier, Luxembourg. For the purposes of UK law, the fund is a recognised scheme under section 264 of theFinancial Services & Markets Act 2000. The protections provided by the UK regulatory system, for the protection of Retail Clients, do notapply to offshore investments. Compensation under the UK’s Financial Services Compensation Scheme will not be available and UKcancellation rights do not apply. Issued in Dubai for Professional Clients only by Invesco Asset Management Limited, PO Box 506599,DIFC Precinct Building No 4, Level 3, Office 305, Dubai, United Arab Emirates. Regulated by the Dubai Financial Services Authority.

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