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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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1. Expanded Commodity Universe |
• Eligible commodities are determined annually based on their liquidity and economic importance. • Under the new methodology, the commodities included in the Index expanded to include Soybean Meal and Soybean Oil. | |
2. Modified Optimum Yield Methodology |
• The Optimum Yield methodology was modified to eliminate contracts with limited liquidity. | |
3. Annual Review of Base Weights and Commodities |
• The static allocations to commodities were changed by implementing a rules-based annual review to better reflect current global production and market liquidity. | |
4. Weight Limits (Annually at Rebalance) |
• Implementation of sector and single commodity caps and floors to reduce concentration risk. | |
5. Intra-year Rebalancing Events |
• An intra-year rebalance event will be triggered should a large deviation occur on a monthly observation date to help prevent significant deviations from annual rebalance target weights. | |
| By: | Invesco Capital Management LLC, its Managing Owner | |||||
| By: | /s/ Adam Henkel | |||||
| Name: | Adam Henkel | |||||
| Date: | November 10, 2025 | |||||
| Title: | Secretary | |||||
| By: | Invesco Capital Management LLC, its Managing Owner | |||||
| By: | /s/ Adam Henkel | |||||
| Name: | Adam Henkel | |||||
| Date: | November 10, 2025 | |||||
| Title: | Secretary | |||||