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 OPFundon Nov 23, 2015 4:56pm

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Post# 24317373

RE:PHO earnings are out, thoughts everyone?

Well from the news release before the FS are available on sedar, I think revenues are somewhat disappointing but 18% growth QoQ, most likely from weaker $CAD.
But Photon is killing on margins, I dont think I can name a single company of the top of my head with EBT margin of ~50% in semiconductor sector.

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