Exhibit 99.ACCT
EXHIBIT(a)(4)
Registrant’s Independent Public Accountant
INVESCO EXCHANGE-TRADED FUND TRUST II
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Funds | | Predecessor Funds |
| Invesco Russell 1000 Momentum Factor ETF | | Oppenheimer Russell 1000 Momentum Factor ETF |
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| Invesco Russell 1000 Value Factor ETF | | Oppenheimer Russell 1000 Value Factor ETF |
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| Invesco Russell 1000 Low Volatility Factor ETF | | Oppenheimer Russell 1000 Low Volatility Factor ETF |
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| Invesco Russell 1000 Size Factor ETF | | Oppenheimer Russell 1000 Size Factor ETF |
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| Invesco Russell 1000 Quality Factor ETF | | Oppenheimer Russell 1000 Quality Factor ETF |
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| Invesco Russell 1000 Yield Factor ETF | | Oppenheimer Russell 1000 Yield Factor ETF |
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| Invesco S&P 500 Revenue ETF | | Oppenheimer S&P 500 Revenue ETF |
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| Invesco S&P MidCap 400 Revenue ETF | | Oppenheimer S&P MidCap 400 Revenue ETF |
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| Invesco S&P SmallCap 600 Revenue ETF | | Oppenheimer S&P SmallCap 600 Revenue ETF |
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| Invesco S&P Financials Revenue ETF | | Oppenheimer S&P Financials Revenue ETF |
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| Invesco S&P Ultra Dividend Revenue ETF | | Oppenheimer S&P Ultra Dividend Revenue ETF |
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| Invesco Emerging Markets Ultra Dividend Revenue ETF | | Oppenheimer Emerging Markets Ultra Dividend Revenue ETF |
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| Invesco International Ultra Dividend Revenue ETF | | Oppenheimer International Ultra Dividend Revenue ETF |
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| Invesco Emerging Markets Revenue ETF | | Oppenheimer Emerging Markets Revenue ETF |
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| Invesco International Revenue ETF | | Oppenheimer International Revenue ETF |
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| Invesco Global Revenue ETF | | Oppenheimer Global Revenue ETF |
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| Invesco Global ESG Revenue ETF | | Oppenheimer Global ESG Revenue ETF |
The Board of Trustees appointed, upon recommendation of the Audit Committee, PricewaterhouseCoopers LLP (“PwC”) as the independent registered public accounting firm of each Fund for the Fund’s current fiscal year. PwC serves as the independent registered public accounting firm for other Invesco Funds.
Prior to the close of business on May 24, 2019, each Predecessor Fund was an unaffiliated investment company that was audited by a different independent registered public accounting firm (the “Prior Auditor”).
Effective after the close of business on May 24, 2019, the Prior Auditor resigned as the independent registered public accounting firm of the Predecessor Funds. The Prior Auditor’s report on the financial statements of the Predecessor Funds for the past two years did not contain an adverse opinion or disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope or accounting principles. During the Predecessor Funds’ two most recent fiscal years and through May 24, 2019, there were no (1) disagreements with the Prior Auditor on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the Prior Auditor’s satisfaction, would have caused it to make reference to that matter in connection with its report; or (2) “reportable events,” as that term is defined in Item 304(a)(1)(v) of RegulationS-K under the Securities Exchange Act of 1934.
The Trust has requested that the Prior Auditor furnish it with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of such letter, dated September 6, 2019 is attached as Attachment A to this exhibit.
Attachment A
September 6, 2019
U.S. Securities and Exchange Commission
Office of the Chief Accountant
100 F Street, NE
Washington, D.C. 20549
Re: Invesco Exchange-Traded Fund Trust II
File no.811-21977
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Funds | | Predecessor Funds |
| Invesco Russell 1000 Momentum Factor ETF | | Oppenheimer Russell 1000 Momentum Factor ETF |
| |
| Invesco Russell 1000 Value Factor ETF | | Oppenheimer Russell 1000 Value Factor ETF |
| |
| Invesco Russell 1000 Low Volatility Factor ETF | | Oppenheimer Russell 1000 Low Volatility Factor ETF |
| |
| Invesco Russell 1000 Size Factor ETF | | Oppenheimer Russell 1000 Size Factor ETF |
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| Invesco Russell 1000 Quality Factor ETF | | Oppenheimer Russell 1000 Quality Factor ETF |
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| Invesco Russell 1000 Yield Factor ETF | | Oppenheimer Russell 1000 Yield Factor ETF |
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| Invesco S&P 500 Revenue ETF | | Oppenheimer S&P 500 Revenue ETF |
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| Invesco S&P MidCap 400 Revenue ETF | | Oppenheimer S&P MidCap 400 Revenue ETF |
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| Invesco S&P SmallCap 600 Revenue ETF | | Oppenheimer S&P SmallCap 600 Revenue ETF |
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| Invesco S&P Financials Revenue ETF | | Oppenheimer S&P Financials Revenue ETF |
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| Invesco S&P Ultra Dividend Revenue ETF | | Oppenheimer S&P Ultra Dividend Revenue ETF |
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| Invesco Emerging Markets Ultra Dividend Revenue ETF | | Oppenheimer Emerging Markets Ultra Dividend Revenue ETF |
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| Invesco International Ultra Dividend Revenue ETF | | Oppenheimer International Ultra Dividend Revenue ETF |
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| Invesco Emerging Markets Revenue ETF | | Oppenheimer Emerging Markets Revenue ETF |
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| Invesco International Revenue ETF | | Oppenheimer International Revenue ETF |
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| Invesco Global Revenue ETF | | Oppenheimer Global Revenue ETF |
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| Invesco Global ESG Revenue ETF | | Oppenheimer Global ESG Revenue ETF |
Dear Sir or Madam:
We have read Exhibit 99. ACCT, Exhibit (a)(4) of FormN-CSR of the Funds, each a series of Invesco Exchange-Traded Fund Trust II, dated September 6, 2019, and agree with the statements concerning our Firm contained therein.
Very truly yours,
/s/ COHEN & COMPANY, LTD.
