Invesco Water Resources ETF T.PHO

Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.

NDAQ:PHO - Post by User

Invesco Water Resources ETF

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Comment by poneon Jun 04, 2015 4:29pm

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Post# 23798316

RE:RE:RE:RE:RE:RE:Why Are They Hiding R&D Off The Books?

Another good reason to do this would be to remove need for public disclosure on individual inventions. Subsidiary might be able to hide technology from competitors.

But these are details management should be providing. It's uncomfortable to see the *appearance* of an engineered income statement: removing a large part of R&D and putting that into non standard places in financials.

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