| Playing With Steel
PRETORIA, South Africa (ResourceInvestor.com) -- Exchange Traded Funds (ETFs) have proven to be attractive investment vehicles offering a broader range of investors low cost access to alternative investment classes with the benefits of sector diversification. They also provide a convenient reference price index for a range of other derivative instruments. This has been particularly true in the precious metals markets as global economic and financial conditions are such that bullish conditions have prevailed. Financial intermediaries - broker-dealers, investment banks and exchanges - have been quick to capitalize on the trend and the use of ETFs is growing to include other commodities, both hard and soft. .
Nationwide Financial Hosts Investment Community Conference
COLUMBUS, Ohio-(Business Wire)-March 26, 2007 - Nationwide Financial Services, Inc. (NYSE:NFS), a leading provider of long-term savings and retirement products, is hosting an investment community conference at the Jumeirah Essex House in New York City Tuesday, March 27, from 8 a.m. to 2 p.m. Eastern time. Members of senior management will be discussing the company's business strategy, outlook and financial targets. .
Overseas shares tax - the ultimate Q & A
Over the past 12 months Mary Holm has dealt with a mountain of correspondence on the tax changes on foreign shares in her regular Weekend Herald column, Money Matters. We've collated for you a selection of questions Mary has answered since the taxation legislation passed late last year. * * * January 13, 2007 Q. I have a portfolio of shares directly invested in overseas companies. As a consequence of the new tax law coming into force I will be reducing the portfolio substantially.
However, I am uncertain when the law will be passed by Parliament and what are the dates/financial years when these investments would be assessed under the new law.
Is it still April 1, 2007, i.e. the value of my portfolio at that date would determine my tax liability for the 2007/2008 financial year? A.
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