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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 > Excellent Q3 by Photon
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Comment by Bootlegeron Nov 10, 2020 2:04pm
138 Views
Post# 31871333

RE:RE:RE:RE:RE:RE:RE:RE:RE:Excellent Q3 by Photon

RE:RE:RE:RE:RE:RE:RE:RE:RE:Excellent Q3 by PhotonI mean, they don't do anything with their cash. Keeps losing value everyday with inflation and no returns. No stock buybacks.

They are not hedged as well, so as the CAD is gaining ground, the pile of cash in $USD has less value.


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