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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 junior_mineron Jan 22, 2012 7:01am
454 Views
Post# 19432335

RE: Is this correct?

RE: Is this correct?

Fatal flaw:

 

"Factor for a ten year loan at 10% is 0.16275, cost at 520 x 0.16275, or $84.63 million annually

 

Factor for a ten year loan at 7.0% is 0.14238, cost at 520 x 0.14238, or $74.04 million annually"

 

10% of 520 is 52.

7% of 720 is 36.4

 

And these are for the first year only. As principal is paid back your interests get lower.

 

 

member123,

I can't imagine Chandaga coal could be shipped anywhere. And I haven't seen company suggesting that either. Coal quality and location does not allow it. 

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