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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 > WoW!
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Comment by Stocker46on May 07, 2020 12:05am
275 Views
Post# 30996111

RE:RE:WoW!

RE:RE:WoW! Not a "one time gain".
The gain is a function of the weak can. dollar & changes in the exchange rate from one qu. to the next.

The weak cdn. dollar benefits Photon.  There is a gain or loss on foreign currency every quarter. It's not often this high.
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