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 > Hmmmm?

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Comment by Possibleidiot01on May 18, 2021 1:06pm

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Post# 33222637

RE:RE:RE:RE:RE:Hmmmm?

You are correct.
"The Arrangement Agreement also provides for the payment of a termination fee of $15.5 million to Photon Control in the event the Transaction is terminated in certain specified circumstances, including if MKS does not exercise its right to match in the context of a superior proposal supported by Photon Control."

Checking sedar - meeting set for June 29th for record holders of May 25th. No circular yet with background to the arrangement.

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