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Invesco Emerging Markets Sovereign Debt ETF V.PCY


Primary Symbol: PCY

The investment seeks to track the investment results (before fees and expenses) of the DBIQ Emerging Market USD Liquid Balanced Index (the underlying index). The fund generally will invest at least 80% of its total assets in U.S. dollar-denominated government bonds from emerging market countries that comprise the underlying index. The underlying index measures potential returns of a theoretical portfolio of liquid emerging market U.S. dollar-denominated government bonds.


ARCA:PCY - Post by User

Comment by Bottleson Aug 11, 2011 2:30pm
379 Views
Post# 18932118

RE: RE: RE: sp price-frustrating

RE: RE: RE: sp price-frustrating"i think it has to do with the logistics we do not have rail cars totransport are coal and the boarder issues so not sure how long this willgo for maybe a couple months"

I totally agree. PCY is trying to secure rail access on a system of infrastructure that has little to no excess capacity. PCY was counting on the Zeltura border post opening that currently remains closed. PCY purchased trucks only to find diesel ran dry in Mongolia. But herein lies the opportunity. Rails are being built, wagons are being made and diesel is starting to flow once again (ie: do not know the status of Zeltura). It's only a matter of time but try to tell that to one who is frustrated.
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