Key Information Document

Purpose
This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you
understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products.
Product
Name of Product: Invesco Metaverse and AI Fund (the “Fund”), a sub-fund of Invesco Funds (the “Umbrella Fund”), Class A accumulation - EUR, (the "Share Class")
PRIIP Manufacturer: Invesco Management S.A. ("IMSA"), part of the Invesco Group
ISIN: LU2484078832
http://www.invescomanagementcompany.lu or call +353 1 439 8100 for more information.
IMSA and the Fund are regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. The CSSF is responsible for supervising IMSA in
relation to this Key Information Document (“KID”).
This KID is accurate as at 23 April 2024.
What is this product?
Type covered under Article 8 of the Regulation (EU) 2019/2088 on sustainability-related
The Umbrella Fund is established under the laws of Luxembourg and harmonised disclosures in the financial services sector.
under the EU Council Directive 2009/65/EC relating to Undertakings for Collective - You can buy and sell shares in the Fund on any Dealing Day (as defined in the
Investment in Transferable Securities (UCITS). Prospectus).
Term - Any income from your investment will be reinvested.
The Fund does not have a maturity date and may only be terminated in Intended Retail Investor
accordance with the terms set out in the Prospectus. The Fund is intended for investors aiming for long term capital growth, who may
Objectives not have specific financial expertise but are able to make an informed investment
- The Fund intends to achieve its objective by investing primarily in a concentrated decision based on this document and the Prospectus, and have a risk appetite
portfolio of global shares issued by companies that, in the view of the Investment consistent with the risk indicator displayed below and understand that there is no
Manager, are geared towards the growth of the Metaverse, which is underpinned capital guarantee or protection (100% of capital is at risk).
by developments in Artificial Intelligence and thus help facilitate, create, or Practical Information
benefit from, immersive virtual worlds for both consumers and enterprises. Depositary: The Bank of New York Mellon SA/NV, Luxembourg Branch (the
- This comprises companies of any market capitalisation, that are involved in “Depositary”).
businesses such as but not limited to, IT software and hardware, physical and - IMSA may be held liable solely on the basis of any statement contained in this
virtual infrastructures, digital payments, digital content and assets, identity document that is misleading, inaccurate or inconsistent with the relevant parts of
services and that are involved in the development and the support of the the Prospectus.
Metaverse infrastructure and its virtual experience.
- The Umbrella Fund is structured by having different sub-funds. The assets and
- Metaverse is defined as a virtual-reality space in which users can interact with a
liabilities of each sub-fund are segregated by Luxembourg Law. The assets of the
computer-generated environment and other users.
- Artificial Intelligence is defined as various different technologies working Fund will not be available to meet the liabilities of another sub-fund within the
together to enable machines to sense, comprehend, act and learn with not Umbrella Fund.
without human-like levels of intelligence. - You are entitled to switch from this Fund to another fund on request. Please refer
- The Fund is actively managed and is not constrained by its benchmark, the MSCI to the Prospectus for more information.
AC World Index (Net Total Return), which is used for comparison purposes. - This KID describes one share class. More share classes may be available for this
However, the majority of the Fund’s holdings are likely to be components of the Fund. You can find more information on the Invesco local websites. You can check
benchmark. As an actively managed fund, this overlap will change and this the latest price for the Share Class on our website and on Reuters, Bloomberg and
statement may be updated from time to time. Morningstar.
- The Fund may use securities lending for efficient portfolio management - The Prospectus and the annual and semi-annual reports can be obtained free of
purposes. charge from the Fund’s Registrar and Transfer Agent, The Bank of New York
- The Fund has broad discretion over portfolio construction and therefore
SA/NV, Luxembourg Branch, BP 648, L- 2016 Luxembourg, by emailing
securities, weightings and risk characteristics will differ. As a result, it is expected
[email protected] or on our website: www.invesco.com. The Prospectus is
that over time the risk return characteristics of the Fund may diverge materially
available in English, French, Spanish, Italian and German and the reports in
to the benchmark.
- The Fund promotes environmental, social and governance (ESG) criteria as English. The Prospectus and the reports are prepared for the entire Umbrella
Fund.

What are the risks and what could I get in return?

Risk Indicator

Lower Risk 1 2 3 4 5 6 7 Higher Risk

The risk indicator assumes that you keep the product for 5 years. The actual risk can vary significantly if you cash in at an early stage and you may get back less.
The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because
of movements in the markets or because we are not able to pay you.
We have classified this product as 4 out of 7, which is a medium risk class.
This rates the potential losses from future performance at a medium level, and poor market conditions could impact the capacity of the PRIIPs manufacturer to pay
you.
Be aware of currency risk. In some circumstances, you may receive payments in a different currency from your local currency, so the final return you will get
may depend on the exchange rate between the two currencies. This risk is not considered in the indicator shown above.
Other risks such as Liquidity, Stock Connect, ESG and Derivatives risks may impact the Fund. Please refer to the Prospectus for more details.
This product does not include any protection from future market performance so you could lose some or all of your investment.

Performance Scenarios
The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into
account your personal tax situation, which may also affect how much you get back.
What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product and a suitable benchmark
over the last 10 years. Markets could develop very differently in the future.
The stress scenario shows what you might get back in extreme market circumstances.
The unfavourable scenario occurred for an investment in the benchmark between March 2015 and March 2020.
The moderate scenario occurred for an investment in the benchmark between April 2017 and April 2022.
The favourable scenario occurred for an investment in the benchmark between December 2018 and December 2023.
Recommended holding period: 5 years
Example Investment: EUR 10,000

Scenarios If you exit after 1 year If you exit after 5 years

Minimum There is no minimum guaranteed return. You could lose some or all of your investment.
Stress What you might get back after costs 1,520 EUR 1,450 EUR
Average return each year -84.75 % -32.04 %
Unfavourable What you might get back after costs 7,530 EUR 10,700 EUR
Average return each year -24.72 % 1.36 %
Moderate What you might get back after costs 10,470 EUR 15,410 EUR
Average return each year 4.66 % 9.03 %
Favourable What you might get back after costs 13,980 EUR 19,430 EUR
Average return each year 39.85 % 14.21 %

What happens if IMSA is unable to pay out?

The assets of the Fund are segregated from those of IMSA. The Depositary is responsible for the safekeeping of the assets of the Fund. To that effect, if IMSA defaults,
there will be no direct financial impact on the Fund. In addition, the Fund’s assets shall be segregated from the Depositary’s assets, which limits the risk for the Fund
suffering some loss in case of default of the Depositary. As a shareholder in the Fund, there is no compensation or guarantee scheme in place.

What are the costs?

The person advising on or selling you this product may charge you other costs. If so, this person will provide you with information about these costs and how
they affect your investment.
Costs over time
The tables show the amounts that are taken from your investment to cover different types of costs. These amounts depend on how much you invest and how long
you hold the product. The amounts shown here are illustrations based on an example investment amount and different possible investment periods.
We have assumed:
- In the first year, you would get back the amount that you invested (0 % annual return). For the other holding periods we have assumed the product performs as
shown in the moderate scenario.
- EUR 10,000 is invested.
If you exit after 1 year If you exit after 5 years
Total costs 712 EUR 2,604 EUR
Annual cost impact (*) 7.1% 3.5% each year
(*) This illustrates how costs reduce your return each year over the holding period. For example it shows that if you exit at the recommended holding period your
average return per year is projected to be 12.5% before costs and 9.0% after costs.
We may share part of the costs with the person selling you the product to cover the services they provide to you.
Composition of costs

One-off costs upon entry or exit If you exit after 1 year

Entry costs 5 % of the amount you pay when entering this investment. This is the most you Up to 500 EUR
will be charged.
Exit costs We do not charge an exit fee for this product, but the person selling you the 0 EUR
product may do so.
Ongoing costs [taken each year]
Management fees and other 1.95% of the value of your investment per year. This is an estimate based on 195 EUR
administrative or operating costs actual costs over the last year, or on expected costs if newly launched.*
Transaction costs 0.17% of the value of your investment per year. This is an estimate of the costs 17 EUR
incurred when we buy and sell the underlying investments for the product. The
actual amount will vary depending on how much we buy and sell.
Incidental costs taken under specific conditions
Performance fees There is no performance fee for this product. 0 EUR
* While the above is not capped, a discretionary cap on multiple components of the total costs is maintained. This discretionary cap may positively impact the
performance of the Share Class.
If you switch funds, you will pay a maximum switching charge of 1% on your new fund.
How long should I hold it and can I take money out early?
Recommended holding period: 5 years
We have selected 5 years as the Fund invests for the long term.
You can sell your shares in the Fund on any Dealing Day as defined in the Prospectus.
If you sell some or all of your investment before 5 years the Fund will be less likely to achieve its objectives, however, you will not incur any additional costs by doing
so.

How can I complain?

If you wish to make a complaint about the Fund, IMSA or any person advising or selling the Fund, you should write to The Bank of New York SA/NV, Luxembourg
Branch, BP 648, L2016 Luxembourg or Invesco Management S.A., at 37a Avenue J.F. Kennedy, L-1855, Luxembourg, or send an e-mail to [email protected].
For more information, please refer to the Investor Complaint Handling Information Notice at www.invescomanagementcompany.lu.

Other relevant information

Remuneration Policy: Information on the up-to-date remuneration policy of IMSA, including but not limited to, a description of how remuneration and benefits are
calculated and the identity of persons responsible for awarding the remuneration and benefits, including the composition of the remuneration committee, is available
at www.invescomanagementcompany.lu and a copy can be obtained, free of charge, from IMSA.
Tax: The Luxembourg tax regime may have an impact on your personal tax position and there may be tax implications in your country of residence and/or origin.
ESG: For further details on the ESG framework applicable to the Fund, please refer to the Appendix B of the Prospectus and the Fund’s sustainability-related
disclosures available on the website of IMSA and local Invesco websites.
Further Information on the Fund is made available to shareholders on www.invescomanagementcompany.lu and through the Invesco local websites.
Performance scenarios: You can find previous performance scenarios of the product at https://www.invesco.com/emea/en/priips.html.
Past performance: You can find the past performance of the product and of the benchmark (where relevant) over the last year at
https://www.invesco.com/emea/en/priips.html.