Water is making waves as an exchange traded fund (ETF) investment and as a serious element in demand on a global level.
The forecast calls for 2025 to be the year when two-thirds of the global population will live in countries where water will be a scarce element. Climate change will exacerbate the problem, causing the water issue to cross over all boundaries, reports Toby Smith for TheStockAdvisors.
PowerShares Water Resources (PHO) should quench investor’s thirst for a water-based ETF to capitalize on the threat that this natural resource will only continue to become more scarce. PHO gives exposure to highly-rated companies and each one represents no more than 4%.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.