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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 > Semiconductor is recovering faster than anticipated
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Comment by remyken1509on Oct 13, 2020 11:20am
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Post# 31707015

RE:RE:RE:RE:RE:Semiconductor is recovering faster than anticipated

RE:RE:RE:RE:RE:Semiconductor is recovering faster than anticipatedAgreed. The role of Management is to manage expectations.

At the same time, Management's responsability is also to be coherent. If you review transcript of the earnings call, you'll see that the wording and tone were much more positive & upbeat than the PR which begs the question: why the difference of tone and wording between the two?

Food for thought.
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