Emerging Global Advisors, the ETF firm focused solely on developing economies, filed regulatory paperwork to market two more ETFs, one that it calls “Beyond BRICs,” and the other seeking exposure to domestic consumer demand in the developing world in general.
Both the EGShares Beyond BRICs ETF and the EGShares Emerging Markets Domestic Demand ETF are designed to focus on companies that “stand to benefit significantly from the strong industrial and consumption growth occurring in middle income nations around the globe,” the filing said.
They will each have net annual expense ratios of 0.85 percent, which includes a one-year fee waiver agreement, the filing with the Securities and Exchange Commission said. The company didn’t disclose tickers in the filing.
Emerging Global has had mixed success with its 19 ETFs. Its most
Tags: Etfs
The web is awash with financial information resources. Don’t continue down the road of debt-dependent lifestyle to an unplanned future in these uncertain economic times. More importantly, don’t seek costly services, refinances, and reorganization of debt that promise to “help” you get out financial trouble without checking out free offerings first. Consider it your first step on the road to a more responsible financial life.
With that in mind, now is the best time of year to set some goals for yourself. The new year is an opportunity to start fresh and rethink any business strategies that may not be working. Perhaps it’s your marketing initiatives. Maybe you need to introduce a few employee training programs or inventory management policies. Whatever it is, take these last few weeks of the year to review what isn’t working and develop strategies to make them perform to your business’ standards.
The short answer is no. It’s not uncommon for companies to want to factor their problem customer accounts. The obvious logic is that if you can shift the credit risk to another business why not do it? The fact of the matter is that factoring companies are good at analyzing credit and they would probably catch invoices from problem customers before buying them anyways. And if they bough it, it would end up being a very expensive proposition for the client because factoring fees increase over time so the longer a customer takes to pay the more expensive it is for you. To add to it, many factoring contracts have a clause that requires a client to purchase invoices that are not paid within 90 days (this varies). So to sum it up, selling invoices from problem customers to a factoring company is always a bad idea.