Invesco Global Listed Private Equity ETF (PSP US) - Portfolio Construction Methodology

Core Insights - The Invesco Global Listed Private Equity ETF (PSP US) is based on the Red Rocks Global Listed Private Equity Index, which targets publicly listed companies primarily engaged in investing in, lending to, or providing services to privately held companies [1] - The index includes 40–75 constituents globally and emphasizes firms with direct private-equity operating exposure, excluding diversified asset managers or holding companies with limited private-equity exposure [1] - The index undergoes quarterly reconstitution and rebalancing to ensure diversified exposure across regions and structures typical of the listed-private-equity universe [1] Index Methodology - The weighting of the index modifies market capitalization through a "purity" adjustment, prioritizing companies with higher direct ownership of private businesses [1] - The selection and weighting mechanics are designed to enhance capacity and tradability in the listed markets used for inclusion [1]