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

Invesco Water Resources ETF

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Comment by segltechon May 28, 2015 3:00pm

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Post# 23775102

RE:RE:RE:RE:RE:RE:this qr 's e/p 0.03 means 0.12 for a year

According to the Financials, the foreign exchange is currently offsetting the operating expenses allowing the 54% gross margin to fall to the bottom line while the outstanding order backlog and cash continue to grow. If the US dollar holds at this level thoughout 2015, PHO will easly blow past .12 cents of earnings per share.

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