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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 blackwood2002on Sep 25, 2014 1:02pm
148 Views
Post# 22970121

RE:Canadian dollar now $.90

RE:Canadian dollar now $.90To quantify it further in 6mm in sales that's another 600k in revenue from foreign exchange with no expense against it.. Pure cash to the bottom line! I'm estimating a 5.3-5.85mm in sales this qtr and add in another 420-500k in foreign exchange we are looking at 3.1-3.6mm revenue at 42% margin. That certainly won't hurt the SP! 
Bullboard Posts