Exchange Traded Funds - 1753 Words

Exchange Traded Funds may be defined as the securities which resemble the index funds closely, but can be sold and bought during the day, somewhat similar to common stocks. These investment securities give investors a sophisticated way to purchase a broad basket of securities in a single transaction. It may be said that the ETFs offer their investors the convenience of a stock along with the diversification of a mutual fund.† According to the SEC, ETFs â€Å"are investment companies that are legally classified as open-ended companies or Unit Investment Trusts.† ETFs in general track indices, such as the Standard Poor 500 or the Dow Jones Industrial Average or. Depending on the strategy of the fund manager, ETFs may also track a wide array of regions, sectors, commodities, bonds, futures, and other asset classes. It was until March 2008 that ETFs were managed passively. Later the Securities Exchange Commission allowed the launch of actively managed ETFs. The origin of ETFs was relatively recent: the first was the Standard Poors Depository Receipt (SPDRs), which tracked the SP 500 and launched on the American Stock Exchange in January 1993 - one of the largest ETFs with $66 billion in assets. The Creation of ETF Creating an Exchange Traded Fund is, no doubt, a complex process. At the first step, the fund manager, along with firms that create and maintain indices, set procedures so as to determine the target index. Next, the sponsor submits a detailed plan for the ETFShow MoreRelatedExchange Traded Funds1374 Words   |  6 Pagesindicates the significant reduction in risk through international diversification. Particularly, the advent of Exchange Traded Funds (ETFs) which mimic a benchmark index but trade like a stock in an exchange has given investors access to another investment instrument that serves two primary needs – accessibility to international assets, and the benefits of diversification of an index fund. Another great advantage of an ETF is that it allows U.S. investors to have easy access to international non-URead MoreQuestions On Exchange Traded Funds903 Words   |  4 PagesTrevir Nath ETF Options Exchange Traded Funds (ETFs), similar in many ways to mutual funds, are investment funds traded on stock exchanges. ETFs track the performance of commodities, bonds, and large indices such as the SP 500 (SPX), NASDAQ (IXIC), Dow Jones (DJI), etc. Much like stocks, ETFs experience price changes throughout the trading day in which they are bought and sold. Fundamentally, the prices of assets traded remain close to, but not always equal, to its net asset value. Largely attractiveRead MoreThe Performance Of Selected Gold Exchange Traded Funds1502 Words   |  7 PagesAN EMPIRICAL INVESTIGATION ON THE PERFORMANCE OF SELECTED GOLD EXCHANGE TRADED FUNDS WITH CNX BSE 500 ABSTRACT In India, gold ETFs were started mainly with a goal to build the liquidity for the better market productivity. This paper is an exact investigation of the execution of Gold Exchange Traded Funds with CNX BSE 500 since January 2012 till April 2016 as far as active returns and Jensen s alpha. For this concentrate only bank s Gold ETFs has taken into the thought i.e. SBI Gold ETFs, Axis BankRead MoreThe Virtue Of Putting A Financial Stake On The Stocks And Exchange Traded Funds775 Words   |  4 Pages The virtue of putting a financial stake into both the stocks and exchange traded funds (ETFs) is a sprawling and a dazzling investment decision. However, (Reiss, 2016) explains that it may also turn negative is the stock and ETFs screening process is done blindly. Based on Yahoo finance and ETFdb ETF Screener, I chose to invest and trade in the following stocks, equity and non-equity exchange traded funds: A. Stocks: 1) Delta National Gas Company, Inc. (DGAS) from gas utilities (utilitiesRead MoreGlobal Exchange Traded Products Industry837 Words   |  4 PagesJust this past year, the global exchange traded products industry reached another milestone, topping $3 trillion in combined assets under management. Now investors are searching for the next asset class which will expected to explode on the scene as ETFs have recently. They may have found it last week when Eaton Vance rolled out the first of its Nextshares products. The funds, commonly called exchange traded mutual funds, are actively managed and traded at the funds net asset value but carry low feesRead MoreWhat Is The Three Product Offerings On The New York Stock Exchange Funds?842 Words   |  4 PagesThis assignment is concerning the â€Å"three product offerings† on the â€Å"New York Stock Exchange website (www.nyse.com)† (UoPeople, 2017). The products are Bonds, Options, and Exchange Traded Funds (NYSE, 2017). A bond is a debt security similar to an I.O.U or it is a document which consists of an amount on it promising to pay the bearer which is the principal or face value (Projectinvested, 2017). It also consists of a date or maturity date when the principal will become due or paid. The issuer is aRead MoreEssay on Investment and Certified Financial Planner876 Words   |  4 Pagesout of the game. Successful investing requires time and attention. If you don’t have the time to devote to it, you shouldn’t do it. ||B.||Invest in last year’s best-performing mutual fund.||C.||Invest in an index fund or ETF that tracks the entire stock market. ||D.||Invest in bond funds and other stable-value funds.|||3) When choosing a financial advisor, you should look for one who is interested in meeting with||A.||the head of the family or the person making the financial decisions||B.||you atRead MoreHow Etfs Can Make The Financial System Less More Than One Simple Form? Essay1948 Words à ‚  |  8 PagesA growing number of investors have become familiar with exchange-traded funds (ETF). ETFs have transitioned from a closet industry to a mainstream investment that has rapidly integrated into leading investment indexes. This paper examines that ETFs are able to take on more than one simple form, such as a synthetic ETF, which in turn can make the financial system more vulnerable to their presence. Varying away from the conventional â€Å"index tracking† ETFs are synthetic ETFs. Failure in one of theseRead MoreHow To Protect Your Portfolio829 Words   |  3 Pages I decided to pen this piece to discuss a few ways that would help investors cope with market uncertainties. While here are numerous ways to approach this, some of the most common include buying protection in form of put options or inverse exchange traded fund (ETF). The notion of purchasing protection is usually triggered by fear of one or more negative developments over the short term that will adversely impact your portfolio. To begin with, it is important to recognize the fear for which youRead MoreSmart Bet An Approach For Investing?1041 Words   |  5 Pages‘Smart Beta’ an Approach to Investing? The term ‘Smart Beta’ is a catchy title for an increasingly significant approach relating to exchange traded products (ETPs). Particularly its potential ability to outperform standard benchmark indexes has resulted in its market appeal and growth. However with its expansion warrants the necessity to educate investors, in order to understand the suitability, benefits and limitations of this approach. Limitations with previous approaches? Before we analyse

The Rhetorical Analysis Of Steve Jobs - 1383 Words

Steve Jobs, who was the CEO of Apple Computer and of Pixar Animation Studios, delivered a Commencement speech at Stanford University on June 12, 2005. The rhetor’s purpose is to use his stories as an example to live by and as a form of encouragement for his listeners to take the curious, innovative route instead of the practical one. His audience is Stanford graduates, who ironically are the ones that took the practical route their entire lives. Jobs tries to persuade his audience to go against social norms and pursue their dreams using three stories to deliver one message, reiterating the theme of birth, death, and rebirth, creating a personal spin on quotations, and using universal human emotions in the stories of his job and health. Jobs uses the ‘rule of three’ to effectively deliver his message and make it more memorable for the listener through his use of storytelling. The ‘rule of three,’ which is an ancient Greek rhetorical technique, uses three examples to express one idea. He opens it by saying, â€Å"Today I want to tell you three stories of my life. That’s it. No big deal. Just three stories.† By breaking it up into three parts, he is also creating a conversational tone with the listeners that allows them to follow along the journey of his life that he is taking them through. He masters this technique through the power of storytelling, which hooks the audience and creates a personal connection to the listeners. Stories bring information to life. HeShow MoreRelatedRhetorical Analysis Of Steve Jobs1178 Words   |  5 PagesRhetorical Analysis- Steve Jobs Given the task of conceptualizing a man who truly changed the realm of technology as we know it today, my mind secludes one person. That person is Steve Jobs, co-founder of Apple Computer, now known simply as Apple. For this rhetorical analysis, I will be using three biographies/profiles about Jobs including â€Å"The Real Genius of Steve Jobs† by Malcolm Gladwell with The New Yorker (June 19, 2017), â€Å"Jobs’ Biography; Thoughts on Life, Death, and Apple† from NPR (OctoberRead MoreRhetorical Analysis Of Steve Jobs Commencement Speech929 Words   |  4 PagesHarmon 1 A Rhetorical Analysis of Steve Jobs Commencement Speech for Stanford Universitys Graduating Class of 2005: Jobs titled his speech Youve got to find what you love. Steve Jobs is best known as an American entrepreneur, inventor and industrial designer. He was the cofounder, chairman and CEO of Apple Inc. and founder, CEO and chairman of Pixar Animation Studios. Jobs and cofounder of Apple Inc. Steve Wozniak are wildly recognized as pioneers of the microcomputer revolution of the 1970sRead MoreRhetorical Analysis Of Steve Jobs By Malcolm Gladwell1165 Words   |  5 PagesRhetorical Analysis- Steve Jobs Given the task of conceptualizing a man who truly changed the realm of technology as we know it today, my mind secludes one person. That person is Steve Jobs, co-founder of Apple Computer, now known simply as Apple. For this rhetorical analysis, I will be using three biographies/profiles about Jobs including â€Å"The Real Genius of Steve Jobs† by Malcolm Gladwell with The New Yorker (June 19, 2017), â€Å"Jobs’ Biography; Thoughts on Life, Death, and Apple† from NPR (OctoberRead MoreRhetorical Analysis Of Steve Jobs Speech1208 Words   |  5 PagesThere before you stood a man, if it were an ordinary man, maybe you wouldn’t bother to listen. But what if the man who stood before you was a billionaire would it change your perspective on whether to listen or not? Yes. This man, Steve Jobs, a college dropout, someone who didn’t even have enough for food stood before the students of Stanford College; graduating class of 2005. Words are just words if not spoken in a correct manner. What a person speaks with passion is what moves an audience. ThroughoutRead MoreRhetorical Analysis Of Steve Jobs Speech735 Words   |  3 Pages Steve Jobs, a businessman in Silicon Valley, gave the Stanford Commencement Address in 2005. Rhetorical tools are used to persuade the audience. Ethos deals with the speakers credibility, Pathos appeals to emotion and Logos appeals to logic. Steve Jobs’ successfully used the rhetorical tools Ethos, Pathos, and Logos throughout his speech. Within Steve Jobs’ Commencement Address, the rhetorical tool Ethos is used. Jobs began by saying, â€Å"I never graduated from college. Truth be told, this is theRead MoreRhetorical Analysis Of Steve Jobs Speech848 Words   |  4 Pagesmany inspirational speeches have been remembered, because of how they connect with the audience. Steve Job’s speech during the Stanford’s graduation was inspiring to many of the college graduates. Many people think in order to be successful a college degree is mandatory. Even if they do not like what they are doing. People should love what they do, and should not follow dogma. With his speech, Steve Job’s convinced the multicultural population at Stanford University to be prominent and to pursueRead MoreSteve Jobs Stanford Commencement Speech Analysis1394 Words   |  6 PagesSteve Jobs’ Stanford Commencement Speech: Speak from the Heart A- Speaker and Subject Identification. When technology, innovative and new products subjects is brought up, a few names come to mind. Between these names is that of Steve Jobs, the founder of Pixar Animation, NeXT, and Apple, Steve Jobs, was widely known for changing the world of personal computers and electronic fields. His determination led to significant developments that have affected the lives of everyone of us. There is no denyingRead MoreThe Inequality Trap : Fighting Capitalism Instead Of Poverty1486 Words   |  6 PagesTrap: Fighting Capitalism Instead of Poverty is full of analysis and suggestion on what humanity can do to create a more equal society. The book glides through a series of arguments that attempt to conclude that the issues of inequality in our society are brought about by capitalist venture and excessive wealth. Throughout the eight chapters, Watson keeps a reader interested using modern examples and names such as Sidney Crosby and Steve Jobs. However, these detailed analyses and ample examples fallRead MoreSteve Jobs Commencement Speech Analysis1462 Words   |  6 PagesOn his commencement speech to Stanford students on June 12, 2005, Steve Jobs, the CEO of Apple computers and PIXAR animations, used carefully crafted inspirational anecdotes and rhetorical devices like ethos and pathos to move his audience to explore, follow their dream and do what they love no matter the odds. Jobs’ gave his commencement address at Stanford students graduation ceremony in 2005, which had an audience size of about 23000. The audience is composed of immensely diverse groups of peopleRead MoreRhetorical Analysis : Apple Commercial1230 Words   |  5 PagesRhetorical Analysis: Apple Commercial This paper will examine a particular Apple ad that appeared on television in 1984. The Macintosh was and still is very popular computer that provides a simplistic feel of creativeness and freedom. Freedom is a key concept because the ad expresses the need to have a sense of freedom to do what we want with no restrictions. Apple is well-known all over the world for the sex appeal to its products, like the iPhone, iPad, and the Macintosh series. These products

New France Free Essays

New France was a new world far from home. Today Canada may be a hotspot for immigration, but back in the 17th century it was far from being an ideal land to start a new life. Despite various forms of persuasion and tactics, France had an incredibly difficult time colonizing Canada for many decades primarily due to the idea of emigration and the reluctance revolving around it. We will write a custom essay sample on New France or any similar topic only for you Order Now The act of leaving one’s country to settle in a new or foreign one can be quite daunting. The consideration of many points, both good and bad, would need to be taken into account before doing so. Factoring the length of time it takes to travel to a destination by ship, and the various misfortunes entailed with such a trip, one could say that the voyage itself â€Å"could have been a deterrent to migration† (Moogk 468). Apart from the physical journey, to â€Å"dislodge people from home and familiar surroundings† (Moogk 470), would be enough reason to cause individuals or families to be reluctant to colonize New France. But even with these hardships involved with emigration, the benefits of moving can be quite appealing. At the time of recruitment, parts of France were facing great hardship in the forms of â€Å"hunger and unemployment† (Moogk 470). It is no wonder that it was during these times that there were peaks in recruiting engages (indentured workers) for colony work. People were given a means of escape to a new land, and from there start anew. Offerings of â€Å"free land and settlement bounties† (Moogk 475), were offered to those willing to become colonists. Some disadvantages of emigration proved to be significant barriers to settlement. With all that said, the decision of emigration is a life changing one even to this day. As mentioned earlier, various barriers hindered the settlement process considerably. The most apparent barrier preventing settlement was to gathering people to go in the first place. People who understood the harshness of leaving home for unknown lands, thought twice about making choices regarding recruitment. The Iroquois’ â€Å"threat of murderous incursions that had alarmed colonists† (Moogk 487), death can be a big deterrent. If getting people to go to Canada was not a big enough issue in the first place, preventing workers from returning home proved to be an even reater feat. Familial issues played a key role in whether or not an engages returned to France or not. The fact that some workers solely left for the sake of work, while family remained back at home, hints towards the hope of return. The indentured workers of France typically went to serve for three full years in order to â€Å"learn all the skills needed for survival in Canada† (Moogk 479). Usually this meant that when their service time was completed, they would want to return home to family and did not consider staying in New France to colonize it. A tactic used to keep workers away from returning home and keep them on the new land was â€Å"bringing out entire families† (Moogk 476), so as to fix them in place and remove their reluctance to stay. This is not to say that the workers wanting to return home are always the cause for abandonment. There are cases, in which family from back home would remind workers of their â€Å"duty and material interests demanding their return home† (Moogk 484). So even when the worker left with the intention of becoming a colonist, their family ties would creep up on them and relieve them of their colonial dreams. Home sickness could be a big enough reason to want to go home, regardless if a person had friend or family waiting for them. As a response to the excess number of bachelor workers who went to New France to work unwillingly, with the possibility of leaving once done, the â€Å"filles du roi† emigrated over in hopes of finding â€Å"marriage and, perhaps, a more honorable match than was possible at home† (Moogk 482), this reason of starting a family and new life could counteract homesickness. Unfortunately, there was not always an abundance of strong hard workers, and the possibility of â€Å"persons unsuited for work because of their advanced age, infirmities, illnesses† or they were just â€Å"very weak, of low age, and of little service† (Moogk 480), being recruited would only handicap the progression of settlement. In the end it seems the biggest issue that prevented settlement was the people of France wanting to settle in new lands or not. How to cite New France, Papers

Management Accounting Organizational Policies

Question: Discuss about theManagement Accounting for Organizational Policies. Answer: Introduction This study is based on the subject area of organizational change. This is a reflective report, where I am going to discuss about the key issues that affect the change and change process in an organization. Here, I am going to discuss on the basis of my personal experiences. After identifying the key issues, I will compare and analyze the effects of the change drivers and after that, I will explain, evaluate and apply the major theories, principles and concept of change. Identifying and Describing the Key Issues Affecting Change and Change Process I have experienced several changes at my workplace. These changes were of different types. Sometimes, the change was related to the organizational policies, sometimes, the change was related to the operation strategies and sometimes the changes were related to any other aspects of the business. However, in any type of organizational change, I have noticed that there are some common issues that affect the change and changing process in the organization. These key issues are employees resistance, conflict among the employees, Managements inefficiency to convey the need for change. I have noticed that due to the high resistance of the employees, it becomes very problematic for the management to implement the change at the workplace. Many of my co-workers at the workplace were unwilling to accept any kind of change in the organization. At the same time, in our organization, there was conflict among the employees. Due to that when one group of employees agreed to make change, the other group disagreed. It was very difficult for the management to make all the employees agreed. Apart from that, it has also happened that the management failed to convey the need for the change. Sometimes, I also could not understand why that change is taking place and I did not support the change. Analyzing and Comparing the Effects of Change Drivers During my work tenure, I have noticed several change drivers, like, technology, customers preferences, competitors strategies and availability of resources. All of these change drivers affected the change strategies of my organization. The organization, where I used to work was a retail organization in UK. Previously, the strategy of the organization was to promote its products through newspaper advertisement and sales promotions. However, due to the technological change and introduction of social media, the management decided to promote its products through Facebook. On the other side, In case of sales promotion activities, the company used to provide only 10% to 15% discounts. However, the competitors strategies of providing free gifts and discount up to 50% influenced our managers to change the existing promotional strategies. Previously, the customers were satisfied with only the grocery products, but nowadays, the customers look for vegetables, Utensils and other Kitchen related products within the single roof. Due to this, the management of our company changes the previous strategies and included more products including vegetables and the kitchen items in the product range. The management has changed its operational strategy and implemented the lean management system to maintain the availability of resources. Therefore, in all change cases, the change drivers affected the existing strategies of the company and helped the company to become more competitive in the market. Explaining, Evaluating and Applying Major Theories, Principles and Concept of Change As per my knowledge, there are different theories of organizational change and among all of the change theories, two are the most popular Lewins change theory and Stage theory. According to Lewins change theory, organizational change takes place by following three simple steps unfreeze, transition and refreeze. In the unfreeze stage, the organization needs to create the proper condition so that the change can take place. In the transition step, the change process takes place slowly and everyone is aware that the change is taking place. In the refreeze step, the new or change system is implemented. In case of the Stage theory, there are four stages involved. This is the modern version of Lewins theory. These four steps are as follows: Creating awareness regarding the problem and the available solution Taking decision for innovative strategies Implementing the changed strategies Institutionalization of the new strategies In case of our organization, the Stage theory has been adopted during any change. In our organization, the change has been taken place by following some core principles of organizational change. These core principles are as follows: The first principle is considering the humanity. Due to the organizational change at my workplace, the total working environment became different. So, at that time, the management considered and provided every little requirement of us, so that we do not feel any discomfort. The second principle was to start the change process from the top level. Our organization followed this principle because the change in the top level would influence the lower level employees to accept the change. The third principle was to follow the step-by-step procedure. This principle helped our management to bring the change in a systematic manner. The fourth principle was communicating the message properly. This particular principle helped the management to create awareness among the employees regarding the need for the change and the positive outcomes after the change. As per my understanding organizational change is a procedure that is followed to bring any kind of development or improvement in the organization. It is sometime very difficult for the management of the organization brings the change, but if the management follows proper theories and principles, then the organizational change can be brought easily. Conclusion During this study, I have identified that there are different issues that can affect the change and change procedure in an organization. I have also identified that there are several drivers of change like, technology, competitors strategies, customers preferences and many others. These change drivers also affected the existing strategies of the company, where I used to work previously. In that organization, I have noticed that the Stage theory of organizational change and some major principles of the same are followed. Bibliography Anwer, M., Hong, S.H.E.N., Abbas, Z. and Mir, F.A., 2015. The Effect of Employee Engagement Drivers on the Organizational Change Management Process.Journal for Studies in Management and Planning,1(10), pp.154-175. Cameron, E. and Green, M., 2015.Making sense of change management: a complete guide to the models, tools and techniques of organizational change. Kogan Page Publishers. Hornstein, H.A., 2015. The integration of project management and organizational change management is now a necessity.International Journal of Project Management,33(2), pp.291-298. Levanti, G. and Klein, L., 2016. Introduction to the JOTSC Special Issue on Leveraging Organizational Change and Knowledge Management to Address Environmental Complexity.Journal of Organisational Transformation Social Change,13(1), pp.1-4. Petrou, P., Demerouti, E. and Schaufeli, W.B., 2016. Crafting the Change The Role of Employee Job Crafting Behaviors for Successful Organizational Change.Journal of Management, p.0149206315624961. Pick, D., Teo, S.T., Tummers, L. and Newton, C., 2015. Advancing knowledge on organizational change and public sector work.Journal of Organizational Change Management,28(4).