The Invesco Variable Rate Preferred Shares UCITS ETF Acc aims to mirror the net total return performance of its benchmark, the ICE Diversified Variable Rates Preferred & Hybrid Securities Index (referred to as the "Reference Index"), after accounting for all applicable fees. This Reference Index is constructed from US-dollar-denominated preferred securities and certain "hybrid securities" that function similarly to preferred stock. All included securities feature variable or floating interest rates and are issued within the US domestic market.