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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 Stocker46on Aug 06, 2020 12:01pm
221 Views
Post# 31373349

RE:RE:POOR PR

RE:RE:POOR PR Just looking at SEDAR. We knew there would be a major swing in Foreign Exchange.
If you take the Foreign exchange ($4.2M swing) & the Change in Fair Value of Contingent Consideration ($.379M swing.. probably affected by the purchase of Micronor), that's a swing of $4.579M from 1st Q.

The point is that when you take those items into consideration, Net Earnings of $2.793M looks fairly decent.  

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