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

Invesco Emerging Markets Sovereign Debt ETF

Bullboard Posts

Post by helgekon May 10, 2012 6:40am

352 Views

Post# 19893120

Royalty

It appears PCY is helping out the Mongolian Government by supplying cheap (1/3 of benchmark) coal to the domestic powerplant. In return, the government demands full royalty based upon benchmark price. Nice!

Bullboard Posts

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