In the Q3, Invesco Db Silver Fund's corporate clients experienced a fall by -28.51 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -29.65 %. During the corresponding time, Invesco Db Silver Fund recorded a revenue increase by 1476.83 % year on year, sequentially revenue grew by 31826.83 %. While revenue at the Invesco Db Silver Fund's corporate clients recorded rose by 2.61 % year on year, sequentially revenue grew by 11.44 %.
Customers of Invesco Db Silver Fund saw their costs of revenue fall by -28.51 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -29.65 %, for the same period Invesco Db Silver Fund recorded revenue increase by 1476.83 % year on year, sequentially revenue grew by 31826.83 %.
Invesco Db Silver Fund's Comment on Sales, Marketing and Customers
ALPS Distributors, Inc. (the “Distributor”) provides certain distribution
services to the Fund. Pursuant to the Distribution Services Agreement, the Distributor
assists the Managing Owner and the Administrator with certain functions and
duties relating to distribution and marketing services to the Fund including
reviewing and approving marketing materials.
The Distribution Services Agreement is terminable without penalty on sixty days’
written notice by the Managing Owner or by the Distributor. The Distribution
Services Agreement will automatically terminate in the event of its assignment.
Pursuant to the Distribution Services Agreement, the Fund will indemnify and
hold harmless the Distributor and each of its directors and officers and each
person, if any, who controls the Distributor within the meaning of Section 15
of the 1933 Act, against any loss, liability, claim, damages or expenses (including
the reasonable cost of investigating or defending any alleged loss, liability,
claim, damages or expense and reasonable counsel fees incurred in connection
therewith) arising by reason of any person acquiring any Shares, based upon
the ground that the registration statement, prospectus, statement of additional
information, shareholder reports or other information filed or made public by
the Fund (as from time-to-time amended) included an untrue statement of a material
fact or omitted to state a material fact required to be stated or necessary
in order to make the statements not misleading under the 1933 Act or any other
statute or the common law.
Invesco Db Silver Fund’s Comment on Sales, Marketing and Customers
ALPS Distributors, Inc. (the “Distributor”) provides certain distribution
services to the Fund. Pursuant to the Distribution Services Agreement, the Distributor
assists the Managing Owner and the Administrator with certain functions and
duties relating to distribution and marketing services to the Fund including
reviewing and approving marketing materials.
The Distribution Services Agreement is terminable without penalty on sixty days’
written notice by the Managing Owner or by the Distributor. The Distribution
Services Agreement will automatically terminate in the event of its assignment.
Pursuant to the Distribution Services Agreement, the Fund will indemnify and
hold harmless the Distributor and each of its directors and officers and each
person, if any, who controls the Distributor within the meaning of Section 15
of the 1933 Act, against any loss, liability, claim, damages or expenses (including
the reasonable cost of investigating or defending any alleged loss, liability,
claim, damages or expense and reasonable counsel fees incurred in connection
therewith) arising by reason of any person acquiring any Shares, based upon
the ground that the registration statement, prospectus, statement of additional
information, shareholder reports or other information filed or made public by
the Fund (as from time-to-time amended) included an untrue statement of a material
fact or omitted to state a material fact required to be stated or necessary
in order to make the statements not misleading under the 1933 Act or any other
statute or the common law.
Sources:
Invesco Db Silver Fund’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Invesco Db Silver Fund’s corporate clients.
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