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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

Comment by Altman1979on Aug 06, 2020 11:41am
270 Views
Post# 31373191

RE:POOR PR

RE:POOR PR I'm not sure why you guys want mgmt to "massage" the message and make it look upbeat.

Many people in the past (me included) were upset that they werent highlighting the positives, but look at the results back in 2018. If they spinned it positivly, then investors would have been pretty pissed bc they werent seeing an uptick in results. They are being honest and telling you that 1Q was an anomaly and that expectations need to be tempered.

Let's be clear - mgmt know more about this business than anyone on this board and they are stake holders in the biz. I figure they want the stock to be higher more than anyone here. 

The one curious point for me is the diffrence in outlook for PHO vs competitors who were more upbeat. 
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