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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

Bullboard Posts
Comment by rose22on Jul 22, 2016 6:25pm
152 Views
Post# 25077502

RE:RE:RE:RE:Fantastic News!

RE:RE:RE:RE:Fantastic News!"They have been advised that the funds will be returned as soon as possible, failing which the Independent Committee and Board have resolved to take all such action as required to ensure the return of the funds."

You're right Gro. And above is the relevant sentence from the NR June 27th. I have no idea why it hasn't happened yet. But the return of loan date is less than 2 weeks away so it's still possible it will occur before then.  What steps they have taken in other areas since June 27th are quite positive towards righting the ship though. 

Bullboard Posts