please tell me what the "hub and spoke structure" is
Category: glossary by Zion F. From Canada
a "hub and spoke structure " is An investment structure in which several investment vehicles, while each remaining individually managed, pool their assets together by contributing to one central investment vehicle. The smaller investment vehicles are referred to as the "spokes" and the central investment vehicle is referred to as the "hub". This is also called a "master-feeder structure". Employing a hub and spoke structure can provide substantial benefits to managers of investment funds or similar investment vehicles. The common key benefit is derived from tax savings created by the structure. U.S. Investors who have taxable investments in off-shore investment companies will likely incur tax liabilities due to the offshore fund's (the spoke) classification as a passive foreign investment company (PFIC). However, the central investment fund (the hub) can avoid PFIC status, and when structured as a partnership with the spoke fund, insulate the investor from taxes that would otherwise be incurred on the spoke fund. As well, hub and spoke structures provide economies of scale to their participating investment vehicles, which can further enhance the bottom-line returns for investors.
Which licenses and certificates are the most reliable?
Category: technical by Amari K. From Bordeaux, France
You should look for forex sites that are licensed and regulated by accepted names, such as Swiss Federal Department of Finance or ARIF. A lot of forex sites are associated with them. Whenever you verify a site is certificated by Swiss Federal Department of Finance or ARIF, be certain that it is surely counted amongst the more protected sites you can find. A first class example for such a forex site is "MIG Investments".
please tell me what an "open order" is
Category: glossary by N. X. From Ireland
Buy or sell order that remains in force until executed or cancelled by the customer.
Is there any foreign exchange platform with low commission charges
Category: money by Beau Y. From Orlando, United States
If you want a top notch site with the smallest commission, you should totally try "HY Markets". You're don't have to pay commission in this place, the service is heavenly, the minimum amount to deposit is just $50, plus the platform graphics are the greatest.
what is the "defined portfolio"?
Category: glossary by Yadira L. From Vancouver, United States
An investment trust that invests in a predefined portfolio of bonds and/or stocks that have been professionally selected by the company. Similar to some classes of mutual funds, these trusts are closed-ended and are not actively managed. The securities in the portfolio are fixed, and units can only be sold after the initial buying phase. These units tend to have a predefined life of a handful of years, after which they are liquidated and the proceeds are returned to the investors. A defined portfolio can trade at different prices throughout the day. Units of a defined portfolio are priced by supply and demand, which can lead to discrepancies in pricing from the net value of its underlying assets. Mutual funds can be out of sync with their net asset values (NAV), but are only priced once a day at the NAV as of the close of trading.
Can you tip me of a site that has lots of optional currencies to chose from?
Category: money by Irvin Z. From Belgium
Definitely "FX club" - they have a definitely outstanding online fx platform, and it will surely fit your demand. AUD/CYP, EUR/DKK or GBP/MXN (or many other options) are all valid currencies for "FX club".
I love if the site is in in italian. How do I find an online fx platform in italian?
Category: platform by W. Dickson from United Kingdom
We think the best place for your purpose is "FOREXYARD". The interface supports lots of different languages. "FOREXYARD"'s program is available for French, Arabic, English or Italian speakers.
please define "price to tangible book value"
Category: glossary by A. Finley from United Kingdom
A valuation ratio expressing the price of a security compared to its hard, or tangible, book value as reported in the company's balance sheet. The tangible book value number is equal to the company's total book value less the value of any intangible assets. Intangible assets can be such items as patents, intellectual property, goodwill etc. The ratio is calculated as: In theory, a stock's tangible book value per share represents the amount of money an investor would receive for each share if a company were to cease operations and liquidate all of its assets at the value recorded on the company's accounting books. As a rule of thumb, stocks that trade at higher price to tangible book value ratios have the potential to leave investors with greater share price losses than those that trade at lower ratios, since the tangible book value per share can reasonably be viewed as about the lowest price a stock could realistically be expected to trade at.
any online fx platform that has a secure connection that you can recommend for me?
Category: technical by Deborah F. From Ireland
If you need an online fx platform with the fastest server connection, we totally advice you to try "Finexo Ltd.". Surfers usually praise to us they are content with the connection to the program. You do not knock against many of the ordinary communication problems you meet connecting to this type of servers. It is perfectly unchallenging to handle the platform. And the communication with the server is undisturbed.
Will you give me a tip for an online fx platform with not that big leverage
Category: money by H. R. From Canada
Definitely "FX Universal". The highest leverage in this place is at most 100:1, the service is astounding, the minimum deposit starts from $250, the graphics are the most progressive, plus they don't charge any commission in this place.