The Invesco MSCI Global Timber ETF, referred to as the Fund, seeks to replicate the performance of the MSCI ACWI IMI Timber Select Capped Index (the Index). To achieve this, the Fund allocates at least 90% of its total capital to a range of equity securities, such as common stocks, American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and other depositary receipts, all of which are constituents of the underlying Index. The Index itself is structured to measure the returns of companies worldwide that are principally engaged in owning and managing forests and timberlands, or in manufacturing goods from timber. Its performance is calculated using a net return methodology, meaning it accounts for and withholds relevant taxes for non-resident investors. Both the Fund and its benchmark Index undergo rebalancing every three months.

International Paper

Packaging Corp of America

Weyerhaeuser Company

Avery Dennison Corporation

Rayonier Inc

Sonoco Products Company

Louisiana-Pacific Corporation

West Fraser Timber Co Ltd

Graphic Packaging Holding Company

Sylvamo Corp

Basic Materials

Consumer Cyclical

Real Estate

Cash & Others

Financial Services

Consumer Defensive

Invesco MSCI Global Timber ETF

CUT Holdings & Sector Breakdown

CUT Holdings & Sector Breakdown