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 > Positive conference call

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Comment by Mofonomoon Mar 19, 2020 12:35pm

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Post# 30826724

RE:Positive conference call

"As most operating expenses are in U.S.dollars the company is likely to see an increase in margins due to the Canadian dollar falling."

I think its the other way around, most of their Revenues are in USD and OPEX is in CAD so a falling CAD will help with PHO's Q1 results.

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