The Nasdaq’s newest Series B fund, the Robert Hood Fund, is being funded by a group of banks.The investment firm is seeking to raise $100 million in new funding through a combination of private equity and debt.The fund has raised around $4.5 billion from its first two Series B funds.The first of the funds was…
You may be wondering if a mutual fund is right for you, and whether you should even invest at all.In this article, we’ll take a look at the pros and cons of each of the main mutual funds, and what to look for in each.1.Mutual funds are a good investment for those with low savingsThe…
Texas Unclaimed Funds, which are managed by Fidelity Investments, have been the subject of an international investigation since March, when a whistleblower alleged that Fidelity funds were misappropriating funds from clients.The allegations have been made by a former Fidelity employee who was also the former CEO of the UK fund manager.According to The Times, Fidelity…
Texas bond funds have been hit hard by the ongoing wildfires.The state’s top bond manager has warned investors of a $4.5bn shortfall and the loss of a third of the market.In the coming days, a range of funds will seek to offset losses and bolster their holdings.The Texas Securities Commission (TSC) will hold an open…
529 plans offer high-deductible tax-advantaged retirement accounts that offer a much lower contribution than traditional retirement plans, making them attractive for many college students and their parents.529 plans also offer tax-free withdrawals from your paycheck, which can be a big plus if you want to save for a long-term investment.Here are the top 529 plans…
First Aid Ireland has confirmed it is seeking $1.5bn of additional funding to cover the cost of insurance coverage to those injured when their vehicle is struck by a road or other vehicle while it is travelling on the A8 highway between Dublin and Cork.The Irish Government said it was providing additional funding for the…
In the next edition of Funda Investimentório de Investión (FII) we will be looking at the opportunities to invest in opportunities zone funds.With that in mind, we will look at how to choose funds for each fund and where to invest it.Investment options for opportunities zone fund A) Index funds A fund is an index…
The Abbott Government has committed $2 billion to help injured workers through the AOAC accident fund.Key points:The Government is committed to provide $2.5bn in compensation to workers affected by AOIC accidentsThe fund is being created through the Government’s accident recovery fundThe money is being earmarked for workers affected through the Australian Workers Compensation SchemeThe ABC’s…
The UMCA Retirement Fund is one of the nation’s most popular and well-known retirement funds.With more than $3 trillion in assets, UMCAs assets reach nearly $50 trillion.The UMCA retirement fund is the third largest mutual fund in the U.S. with $18 trillion in total assets.The funds are managed by the UMCSA, the national pension fund,…
The Nasdaq index is a global index of stocks.In this article, we’re going to explain what it means to be a State Fund or Nasdaq Fund.What are State Funds and what do they do?State funds are investment funds that are actively managed by an independent registered manager.State funds typically offer a range of investment options…
