Summary Prospectus by Investment Company - Form 497K

INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST

SUPPLEMENT DATED march 28, 2023 TO THE PROSPECTUSES DATED
february 28, 2023, AS PREVIOUSLY SUPPLEMENTED, OF:

Invesco Balanced Multi-Asset Allocation ETF (PSMB)
Invesco Conservative Multi-Asset Allocation ETF (PSMC)
Invesco Growth Multi-Asset Allocation ETF (PSMG)
Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM)
(each, a "Fund")

Effective immediately, each Fund's Summary Prospectus and Statutory Prospectus are revised as described below.

1. The following information replaces in its entirety the table appearing in the section titled "Portfolio Managers" of each Summary Prospectus and in the section titled "Summary Information - Portfolio Managers" of each Statutory Prospectus: 

Name	Title with Sub-Adviser/ Adviser/Trust	Date Began Managing the Fund
Peter Hubbard	Head of Equities and Director of Portfolio Management of the Adviser; Vice President of the Trust	February 2017
Michael Jeanette	Senior Portfolio Manager of the Adviser	February 2017
Jeffrey Bennett	Portfolio Manager of the Sub-Adviser	April 2020
Alessio de Longis	Portfolio Manager of the Sub-Adviser	March 2023

2. The following information replaces in its entirety the information appearing in the section titled "Management of the Fund - Portfolio Managers" of each Statutory Prospectus:

The Adviser uses a team of portfolio managers, investment strategists and other investment specialists in managing the Fund and in overseeing the Sub-Adviser's investment activities. This team approach brings together many disciplines and leverages the Adviser's extensive resources. In this regard, Peter Hubbard, Michael Jeanette, Jeffrey Bennett and Alessio de Longis (the "Portfolio Managers") are jointly and primarily responsible for the day-to-day management of the Fund.

Each Portfolio Manager is responsible for various functions related to portfolio management, including investing cash flows, coordinating with other team members to focus on certain asset classes, implementing investment strategies and researching and reviewing investment strategies.

Each Portfolio Manager has limitations on their authority for risk management and compliance purposes that the Adviser believes to be appropriate.

The Adviser has overall responsibility for the general management and administration of the Fund. The Adviser oversees the Sub-Adviser's investment of the Fund's assets. Investment decisions for the Fund are made by investment management teams at the Sub-Adviser. The following individuals are responsible jointly and primarily for the day-to-day management of the Fund's investments:

The Fund's SAI provides additional information about the Portfolio Managers' compensation structure, other accounts that the Portfolio Managers manage and the Portfolio Managers' ownership of Shares.

Please Retain This Supplement For Future Reference.

ACTIVE-SUMSTAT-SUP 032823