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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 hollyberrieson May 15, 2014 1:11pm
148 Views
Post# 22565829

RE:RE:RE:The problem

RE:RE:RE:The problemRemember that Applied Materials as their major customer is into a rising sales environment with the world economies growing and that order backlog can also indicate speedier turnaround on orders.  I still see this report as very reassuring with the caution to track the backlog as you say.  
Bullboard Posts