This type of ETF bears a strong resemblance to a closed - ended fund but, unlike ETFs and closed - end mutual funds, an investor owns
the underlying shares in the companies that the ETF is invested in, including the voting rights associated with being a shareholder.
Not exact matches
The profit illusion created by Jarden's corporate strategy has driven
shares up over 230 %
in the past five years, to the point where the
company's
underlying business simply can not justify the
share price.
Investors can purchase
shares in this single fund and then the fund purchases
shares in the
underlying companies.
By using a metric called price - to - earnings (P / E) ratio, investors can see how much they will have to pay
in share price on the open market to get a dollar of
underlying company profits.
This allows you the option to convert the bond into a given number / ratio of
shares in the
underlying company at a given price.
I don't think the
company can just create stock options without creating the
underlying shares in the first place.
With an annual dividend
in Canadian dollars, the number of new
shares bought of
underlying companies will be different compared to the index expectation.
For example, suppose
in the S & P 500 that a $ 100,000,000
company is taken out and replaced with a $ 10,000,000,000
company that shouldn't suddenly make the index jump by a bunch of points because the
underlying security was swapped or would you be cool with there being jumps when
companies change or
shares outstanding are rebalanced?
Shares of an investment
company represent indirect ownership interests
in the fund's
underlying net assets.
Shares of Newell Brands Inc. ran up 2.9 %
in premarket trade Tuesday, after Wells Fargo turned bullish on the consumer products
company for the first time
in a year, which said the current valuation is not reflective of the
company's
underlying value.
Given the almost flat price of
shares this year it seems that Mr. Market either doesn't see the
underlying value
in the
company, or simply doesn't have much interest
in this kind of self liquidating investment.
Certain capital gains made by Australian
companies on the disposal of their
shares in foreign
companies with
underlying active businesses, subject to conditions
Regarding deductibility — my opinion is that investing
in shares of a
company (or ETF) that won't pay direct dividends, but the
underlying business will make income which will be «distributed»
in the form of capital gains makes that investment deductible.
The warrants feature full anti-dilution protection, including preservation of the right to convert into the same percentage of the fully - diluted
shares of the
Company's common stock that would be outstanding on a pro forma basis giving effect to the issuance of the
shares underlying the warrants at all times, and «full - ratchet» adjustment to the exercise price for future issuances (
in each case, subject to certain exceptions), and adjustments to compensate for all dividends and distributions.»
At worst, we end up with more of the same & the
share price continues to lag its
underlying intrinsic value... or fresh management parachutes
in with a new broom & a plan to allocate the
company's surplus cash pile far more efficiently.
Shares of Newell Brands Inc. ran up 2.9 %
in premarket trade Tuesday, after Wells Fargo turned bullish on the consumer products
company for the first time
in a year, which said the current valuation is not reflective of the
company's
underlying...
An ETF that holds
underlying stocks
in companies such as Intel, JP Morgan Chase, and UnitedHealthGroup among others would be highly liquid because these stocks trade millions of
shares each day.
American depository receipts, which represent
shares in an equity that is traded on a foreign exchange, are often traded OTC, because the
underlying company does not wish to meet the stringent exchange requirements.
As I detailed here, I don't see much obvious value / opportunity
in most Western property markets — although the Brexit vote may have thrown up some new UK & Irish opportunities, but probably more
in terms of individual
companies &
share prices (which ideally, you were tracking already as potential buys), rather than any great step - change lower
in terms of
underlying property values & dynamics.
As I've said before, I find it hard to invest
in (what looks like) a low risk / easy reward transaction when I can't confirm the
underlying value... And with this deal, I just don't see the 3.92 cts per
share that's been promised as a shareholder payout... All I see are worthless
shares in a hopelessly insolvent
company — and I thought some shareholders would see the same thing and bail out at any price.
Units /
Shares of the PowerShares ® Funds and of the
underlying PowerShares ETFs are not
in any way sponsored, endorsed, sold or promoted by any of the PowerShares ® Funds» or PowerShares ETFs»
underlying Index providers or their affiliates, and these
companies make no representation or warranty, express or implied, as to the results to be obtained from the use of the Index.
Although the expenses charged by
companies that manage individual ETFs are generally lower than those of mutual fund managers, those expenses and market factors may cause individual ETFs to trade at values lower than the actual value of the
underlying shares held
in the ETF.
Key assumptions and dependencies
underlying the
Company's financial outlook include: the timely delivery of the titles included
in this financial outlook; continued consumer acceptance of the Xbox One and PlayStation 4; the ability to develop and publish products that capture market
share for these new - generation systems while also leveraging opportunities on the Nintendo Switch, Xbox 360, PlayStation 3, PC and mobile platforms; and stable foreign exchange rates.
Key assumptions and dependencies
underlying the
Company's financial outlook include: the timely delivery of the titles included
in this financial outlook; continued consumer acceptance of Xbox One and PlayStation 4; the ability to develop and publish products that capture market
share for these new - generation systems while also leveraging opportunities on Nintendo Switch, Xbox 360, PlayStation 3, PC and mobile platforms; and stable foreign exchange rates.
Key assumptions and dependencies
underlying the
Company's financial outlook include continued consumer acceptance of current generation video game and computer entertainment systems; the ability to develop and publish products that capture market
share for these systems; the timely delivery of the titles included
in this financial outlook; and stable foreign exchange rates.
Inevitably, disputes arise as to whether a terminated employee is entitled to accelerated vesting, whether a termination was implemented to avoid vesting, or whether a
company's failure to grant options or vest
shares is
in violation of the provisions of the
underlying agreements.
It is
in response to this market shift and its
underlying causes that
companies like Elevate and Axiom — among others — are garnering increased market
share and wider use, especially among Fortune 500
companies.