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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

Invesco Water Resources ETF
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Comment by poneon Jun 04, 2015 3:21pm
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Post# 23797974

RE:RE:Why Are They Hiding R&D Off The Books?

RE:RE:Why Are They Hiding R&D Off The Books?
cyndor1 wrote: Perhaps, the confusion exists because it is listed under Expenses -as opposed to R&D investment according to the latest MD&A on Sedar. 


P.S., I figured the R&D had to be somewhere in other expenses.   My real focus in this question is why did they set up the outside R&D company in 2008, and how much R&D does that entity currently do for them, off the books of Photon?
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