The Invesco Preferred Shares UCITS ETF Acc aims to mirror the net total return of the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index, after accounting for its charges. This benchmark is composed of US-dollar-denominated, fixed-rate preferred securities originating from the United States domestic market. Index constituents are weighted based on their market capitalization, with a limit of 10% for any single issuer, and a further constraint ensures that issuers individually exceeding a 5% weighting do not collectively comprise more than 40% of the index. Eligible securities must hold an average credit rating of at least B3 from Moody's, S&P, and Fitch, and be issued in countries with an investment-grade risk assessment. The fund executes its strategy through physical replication, striving to hold all the index securities in their precise weightings whenever feasible. Both the fund and its underlying index undergo monthly rebalancing and reconstitution. This ETF operates under a passive management style, meaning an investment grants ownership of fund units rather than direct ownership of the portfolio's individual assets.