Funding Funds

Latest News for: Funding funds

Purpose Investments Inc. Announces August Distributions

Market Watch 21 Aug 2018

The ex-distribution date for all Closed End Funds is August 30, 2018. Open-End Funds Ticker Symbol Distributionper share/unit RecordDate PayableDate DistributionFrequency. Purpose Core Dividend Fund - ETF Series PDF $ 0.0850 [1] 08/29/2018 09/10/2018 Monthly. Purpose Enhanced Dividend Fund - ETF Series PDIV $ 0.0522 [1] 08/29/2018 09/10/2018 Monthly ... Purpose Monthly Income Fund - ETF Series PIN $ 0.0830 [1] 08/29/2018 09/10/2018 Monthly....

Edit

Sebi imposes Rs 2 lakh fine on Euram Bank

Moneycontrol 21 Aug 2018

In an order, the regulator noted that India Focus Cardinal Fund (IFCF) had sought registration from Sebi as a sub-account in the broad based fund category under the foreign Institutional investor (FII) -- Euram Bank ... Markets regulator Sebi today imposed Rs 2 lakh fine on European American Bank AG (Euram Bank) as its sub-account failed to satisfy the broad based fund criteria....

Edit

Is it time for you to shift from large-cap to passive mutual funds?

Live Mint 21 Aug 2018

If you are a mutual fund investor, you would have noticed that your large-cap funds are struggling to beat their benchmark performance over one to two years ... To analyse the underperformance of actively managed large-cap funds versus passive funds, we looked at historical returns for the last 10 years ... Top mutual fund schemes to invest in ... Introduction of long-short funds and enabling funds to take leverage are also ways to think about....

Edit

Are Indian mutual funds too expensive?

Live Mint 21 Aug 2018

At the current stage of the mutual fund industry, it is worth thinking about a performance-linked compensation for fund management. Depending on what you are reading, you might believe that mutual funds in India, as compared to the rest of the world, are too expensive ... Mutual Fund tracker Morningstar does a biannual study titled Global Fund Investor Experience Study (GFIES) ... Who is right, are Indian mutual funds cheap or not?....

Edit

How sovereign wealth funds are inflating the Silicon Valley bubble

The Conversation 21 Aug 2018

Elon Musk has spoken to Saudi Arabia's sovereign wealth fund about taking Tesla private ... In a blog post , Musk said that “the Saudi Arabian sovereign wealth fund [had] approached [him] multiple times about taking Tesla private” ... But there is growing precedent for this kind of investment from sovereign wealth funds, which are motivated by social as well as financial aims ... Leading the charge is Saudi Arabia’s Public Investment Fund....

Edit

Norway's sovereign wealth fund gains 19.7 bln USD in Q2

Xinhua 21 Aug 2018

21 (Xinhua) -- Norway's sovereign wealth fund returned 1.8 percent, or 167 billion kroner (19.7 billion U.S. dollars) in the second quarter of 2018, the fund said on Tuesday ... sovereign wealth fund ... In the second quarter, 2 billion kroner was withdrawn from the fund, it said....

Edit

Is your mutual fund buying or selling stocks too much?

Live Mint 21 Aug 2018

A mutual fund scheme’s turnover ratio tells you how frequently its fund manager buys and sells the underlying stocks. Typically, higher the turnover ratio, more your fund manager churns ... As such, your fund manager buys and sells scrips regularly, sometimes every day, to generate a return....

Edit

SS&C GlobeOp Forward Redemption Indicator

Market Watch 21 Aug 2018

"The August 2018 reading of 2.73% continues the generally favorable trend in asset retention that we've seen over the past year and a half, indicating investor confidence in hedge funds remains high." ... Movements in the Indicator reflect investor confidence in their allocations to hedge funds ... In addition, the establishment and enforcement of redemption notices may vary from fund to fund....

Edit

LETTER: Sygnia move is a strategy

Business Day 21 Aug 2018

Hedge funds make for good headlines and usually for all the wrong reasons. The Sygnia Group, under the leadership of Magda Wierzycka, has chosen to exit the hedge fund industry as it focuses on building its index tracking or "passive" business ... Hedge funds remain an important part of any investment landscape, with global industry assets exceeding $3-trillion....

Edit

WisdomTree Solutions To Market Volatility

Seeking Alpha 21 Aug 2018

First, the strongest performing fund within the WisdomTree line up in August was our Strong dollar fund, the WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA.USDU) ... Equity Fund (BATS.DYLS), the WisdomTree Dynamic Bearish U.S. Equity Fund (BATS.DYB), and our WisdomTree CBOE S&P 500 PutWrite Strategy Fund (NYSEARCA.PUTW) ... Our fixed income funds were also on this list....

Edit

School health insurance fund dips

The Jamestown Sun 21 Aug 2018

There is currently a $2.12 million balance in the health insurance fund, Toso said ... As part of an impasse Fact Finding Commission recommendation in September 2017, the two-year contract required the school board to make a $2.5 million school district contribution to the Jamestown Educators Association's self-funded health care insurance fund for each year of the contract....

Edit

County votes to build new high school

Lebanon Democrat 21 Aug 2018

“I’m wondering if we’ve had the opportunity to look at other funding methods,” said Bishop ... I would like to see other funding methods with that so we wouldn’t have to take so much out and do creative financing. I don’t want anyone to tell me I’m not for the school, but I want to look at other ways to fund it.”....

Edit

Weekly CEF Roundup: Respite In LIBOR Brings Relief To Leveraged CEFs?

Seeking Alpha 21 Aug 2018

Tortoise MLP Fund, Inc ... Advent Claymore Convertible Securities and Income Fund (NYSE.AVK), Advent Claymore Convertible Securities and Income Fund II (NYSE.AGC), and Advent/Claymore Enhanced Growth & Income Fund (NYSE.LCM), each a closed-end fund (together, the “Funds”) announced today that shareholders of the Funds approved the mergers outlined below. Acquired Funds Ticker Acquiring Fund Ticker ... RiverNorth Opportunities Fund, Inc....

Edit