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

Bullboard Posts

Comment by StompinTomon Jun 04, 2015 4:19pm

94 Views

Post# 23798270

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

Valid question, I think it would be to obtain some tax advantages that a CCPC can get (ie SRED credits etc.) + to keep patents etc out of the public eye. It rents space from the public entity but has its own employees that it needs to fund via a consulting contract with PHO. I believe PHO has no ownership stake, so it can't be consolidated up in to it. It basically frees them up to do whatever reserach they want, bearing in mind that they are dependent on PHO for funding. I get the question here but don't think its a concern.

Bullboard Posts

Eminent acquires promising Nevada gold project