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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

Post by Altman1979on Aug 06, 2020 1:42pm
265 Views
Post# 31374133

Easy does it

Easy does itAlot of people are locking in gains rather than selling off due to lower prospects for growth. It usually corrects itself. Last time (mid 2018), results were poor which justified the downward spiral. Different story this time around. Expectations tempered (perhaps for strategic reasons) but thesis still intact. LAM and others are upbeat so it's interesting to see a stark contrast in commentaries. Like someone said - under-promising and over-delivering gets you to the sweet spot
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