SecProbe.io

Filing text and metadata
Intelligence Terminal Search Probe Scores Topics IPO Watchlist Monthly Activity About API

SEC Company Response from INVESCO EXCHANGE-TRADED FUND TRUST (CIK 0001209466) — Jun 23, 2021

INVESCO EXCHANGE-TRADED FUND TRUST (CIK 0001209466)
Date: June 23, 2021 · CIK: 0001209466 · Accession: 0001193125-21-197403

AI Filing Summary & Sentiment

File numbers found in text: 333-102228, 811-21265

Date
June 23, 2021
Author
/s/Anita De Frank
Form
CORRESP
Company
INVESCO EXCHANGE-TRADED FUND TRUST (CIK 0001209466)

Letter

VIA EDGAR Division of Investment Management Attention: Jaea Hahn Re: Invesco Exchange-Traded Fund Trust File Nos. 333-102228; 811-21265 Responses to Comments on Post-Effective Amendment No. 287

Dear Ms. Hahn:

This letter responds to comments from the staff of the U.S. Securities and Exchange Commission (the “SEC”), which you conveyed to us via telephone on June 17, 2021, regarding Post-Effective Amendment No. 287 to the registration statement (the “Amendment”) under the Securities Act of 1933, as amended, of Invesco Exchange-Traded Fund Trust (the “Trust”), which is also Post-Effective Amendment No. 289 to the Trust’s registration statement under the Investment Company Act of 1940, as amended. The Amendment was filed with the SEC on April 23, 2021 to reflect changes to the investment objective, principal investment strategy, index provider and underlying index of the Invesco Financial Preferred ETF (the “Fund”), to become effective as of the close of markets on June 30, 2021. For your convenience, each of your comments, as we understand them, is repeated below with the Trust’s responses immediately following. Defined terms used below have the same meanings as in the Amendment.

We also hereby confirm that all missing or bracketed information in the Amendment will be incorporated in a subsequent post-effective amendment, and that such amendment also will reflect all changes discussed in this letter.

1.

Comment:

Please provide a completed fee table and expense example for the Fund, as required by Item 3 of Form N-1A. Please also confirm that any fees associated with creation and redemption activity are not reflected in such fee table and example.

Response:

A completed fee table and expense example for the Fund is contained in Appendix A to this letter. We confirm that the fee table and example do not reflect fees associated with creation or redemption activity.

U.S. Securities and Exchange Commission

Ms. Jaea Hahn

June 23, 2021

Page 2 of 2

We believe that this information responds to all of your comments. Should you have any questions regarding these matters, please call me at (630) 684-5902 or Mark Greer at (312) 964-3505.

Sincerely,
/s/Anita De Frank

Show Raw Text
CORRESP
1
filename1.htm

CORRESP

 Invesco ETFs

 3500
Lacey Road, Suite 700

 Downers Grove, IL 60515

June 23, 2021

 VIA EDGAR

U.S. Securities and Exchange Commission

 Division of Investment
Management

 100 F Street, N.E.

 Washington, DC 20549

Attention: Jaea Hahn

Re:
 Invesco Exchange-Traded Fund Trust

File Nos. 333-102228; 811-21265

Responses to Comments on Post-Effective Amendment No. 287

Dear Ms. Hahn:

 This letter responds to comments
from the staff of the U.S. Securities and Exchange Commission (the “SEC”), which you conveyed to us via telephone on June 17, 2021, regarding Post-Effective Amendment No. 287 to the registration statement (the
“Amendment”) under the Securities Act of 1933, as amended, of Invesco Exchange-Traded Fund Trust (the “Trust”), which is also Post-Effective Amendment No. 289 to the Trust’s registration statement under the Investment
Company Act of 1940, as amended. The Amendment was filed with the SEC on April 23, 2021 to reflect changes to the investment objective, principal investment strategy, index provider and underlying index of the Invesco Financial Preferred ETF
(the “Fund”), to become effective as of the close of markets on June 30, 2021. For your convenience, each of your comments, as we understand them, is repeated below with the Trust’s responses immediately following. Defined terms
used below have the same meanings as in the Amendment.

 We also hereby confirm that all missing or bracketed information in the Amendment
will be incorporated in a subsequent post-effective amendment, and that such amendment also will reflect all changes discussed in this letter.

1.

Comment:

Please provide a completed fee table and expense example for the Fund, as required by Item 3 of Form N-1A. Please also confirm that any fees associated with creation and redemption activity
are not reflected in such fee table and example.

Response:

A completed fee table and expense example for the Fund is contained in Appendix A to this letter. We confirm that the fee table and example do not reflect fees associated with creation or redemption activity.

 1

 U.S. Securities and Exchange Commission

Ms. Jaea Hahn

 June 23, 2021

Page 2 of 2

 We believe that this information responds to all of your comments. Should you have any
questions regarding these matters, please call me at (630) 684-5902 or Mark Greer at (312) 964-3505.

Sincerely,

 /s/Anita De Frank

 Anita De Frank

 Counsel

cc:
 Adam Henkel, Esq.

Eric Purple, Esq.

 Alan Goldberg,
Esq.

 Mark Greer, Esq.

 Appendix A

Annual Fund Operating Expenses

 (expenses that you pay
each year as a percentage of the value of your investment)

 Management Fees

0.50
%

 Other Expenses(1)

0.05
%

 Total Annual Fund Operating Expenses

0.55
%

(1)
 “Other Expenses” have been restated to reflect current fees.

Example

 This example is intended to help you compare the
cost of investing in the Fund with the cost of investing in other funds. This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes
that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. This example does not include the brokerage commissions that investors may pay to buy and sell Shares. Although your actual costs may be
higher or lower, your costs, based on these assumptions, would be:

 1 Year

3 Years

5 Years

10 Years

$56

$
176

$
307

$
689