Invesco Global Real Estate Fund

The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.

Property and land can be difficult to sell, so investors may not be able to sell such investments when they want to. The value of property is generally a matter of an independent valuer’s opinion and may not be realised.

Changes in interest rates, rental yields and general economic conditions may result in fluctuations in the value of the fund.

Real estate investments are exposed to counterparty risk, which is the risk that a counterpart is unable to deal with its obligations.

The underlying funds might make use of debt to finance investments which may result in the fund being more leveraged and may result in greater fluctuations in the value of the fund.

Many Real Estate investments are illiquid, meaning that the fund may not be able to sell them quickly at a fair price and/or that the redemptions may be delayed due to illiquidity of the underlying investments.

The fund uses derivatives (complex instruments) and borrowings, which may result in the fund being significantly leveraged and may result in large fluctuations in the value of the fund.

This marketing communication is for Qualified Clients/Sophisticated Investors in Israel only and is not for consumer use. Please do not redistribute. Investors  should read the legal documents prior to investing. By accepting this document, you consent to communicate with us in English, unless you inform us otherwise. This document is not for consumer use, please do not redistribute. Data as at 30.09.2021, unless otherwise stated.

This document is marketing material and is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory  requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before  publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell securities.

This document is for informational purposes only and is not an offering. This document does not take into account individual objectives, taxation position or financial needs  and should not be relied upon as the sole factor in an investment making decision. Nor does this constitute a recommendation of the suitability of any investment strategy  for a particular investor. Investors should not invest in the fund solely based on the information provided in this document.

Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and  are subject to change without notice.

The fund, as a Reserved Alternative Investment Fund domiciled in Luxembourg, is authorised for Well-Informed Investors only (as defined in the Luxembourg Law dated 23 July 2016). The fund is offered in accordance with the Alternative Investment Fund Managers Directive. Marketing of the fund’s shares is permitted to Professional Clients in the UK in accordance with the Alternative Investment Fund Managers Directive. The fund will not be marketed, and marketing materials of the fund may only be distributed, in other jurisdictions without public solicitation and in compliance with the private placement rules set forth in the laws, rules and regulations of the jurisdictions concerned, if at all. The marketing of the fund in certain jurisdictions may be restricted by law. For more information on our funds and the relevant risks, please refer to the share class-specific Key Investor Information Documents (available in local language), the Annual or Interim Reports, the Prospectus, and constituent documents, available from www.invesco.eu. A summary of investor rights is available in English from https://www.invescomanagementcompany.lu. The management company may terminate marketing arrangements.

This marketing document is not an invitation to subscribe for shares in the fund and is by way of information only, it should not be considered financial  advice. This does not constitute an offer or solicitation 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 an offer or solicitation. Persons interested in acquiring the fund should inform themselves as to (i) the legal requirements in the countries of their nationality, residence,  ordinary residence or domicile; (ii) any foreign exchange controls and (iii) any relevant tax consequences. As with all investments, there are associated risks. This document  is by way of information only. Asset management services are provided by Invesco in accordance with appropriate local legislation and regulations. The fund is available only in jurisdictions where its promotion and sale 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 same nor 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 your local Invesco office for full details of the fund registration  status in your jurisdiction.

Israel: Issued by Invesco Asset Management Limited, Perpetual Park, Perpetual Park Drive, Henley-on-Thames, Oxfordshire RG9 1HH, UK. Authorised and regulated by the  Financial Conduct Authority. No action has been taken or will be taken in Israel that would permit a public offering of the Fund or distribution of this document to the public  in Israel. This Fund has not been approved by the Israel Securities Authority (the ISA). Accordingly, the Fund shall only be sold in Israel to an investor of the type listed in  the First Schedule to the Israeli Securities Law, 1968, which has confirmed in writing that it falls within one of the categories listed therein (accompanied by external  confirmation where this is required under ISA guidelines), that it is aware of the implications of being considered such an investor and consents thereto, and further that the  Fund is being purchased for its own account and not for the purpose of re-sale or distribution. This document may not be reproduced or used for any other purpose, nor be  furnished to any other person other than those to whom copies have been sent. Nothing in this document should be considered investment advice or investment marketing  as defined in the Regulation of Investment Advice, Investment Marketing and Portfolio Management Law, 1995 (“the Investment Advice Law”). Investors are encouraged to  seek competent investment advice from a locally licensed investment advisor prior to making any investment. Neither Invesco Ltd. Nor its subsidiaries are licensed under the  Investment Advice Law, nor does it carry the insurance as required of a licensee thereunder. This document does not constitute an offer to sell or solicitation of an offer to  buy any securities or fund units other than the fund offered hereby, nor does it constitute an offer to sell to or solicitation of an offer to buy from any person or persons in  any state or other jurisdiction in which such offer or solicitation would be unlawful, or in which the person making such offer or solicitation is not qualified to do so, or to a  person or persons to whom it is unlawful to make such offer or solicitation.