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Silver Sets Record as Market Awaits AMEX Fund
Funds Mutual Vanguard By Armando Duke
Dreyfus Strategic Municipals, Inc. (the Fund) end management investment company. The Fund's investment objective is to maximize current income exempt from federal income tax to the extent believed by the Fund's investment adviser to be consistent with the preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in municipal obligations. Generally, the fund invests at least 50% grade or the unrated equivalent as determined by Dreyfus.
Funds Mutual Top (AXcess News) Houston, TX - Silver rose 20 cents an ounce Thursday, closing at $10.69, a new 24-year high, topping the earlier 22-year high of $10.50 following the Securities and Exchange Commission granting the American Stock Exchange approval for a new exchange-listed silver fund.
This blog talks about the indian mutual fund schemes, NFOs and analysis of various mutual funds and mutual fund investment strategy.
Funds Market Money Demand was so strong Thursday, gold investors were trading out positions in London to buy into silver in anticipation of a new silver fund that trades like a stock.
Money market mutual funds are completely different. These funds are not federally insured, which means your money is at risk should a loss take place (although rare, it is theoretically possible) and mature in 13 months or less. Money market funds take combined funds and then purchase investments ranging from very safe (for example, government only Treasury funds) to corporate securities.
Funds In Investing Mutual The American Stock Exchange got approval from the U.S. Securities and Exchange Commission on March 22 to list a silver exchange-traded fund for the first time, enabling investors to trade without buying the precious metal or futures. The introduction of a gold fund on the New York Stock Exchange in 2004 helped boost prices to a 25-year high last month.
Up the ladder are corporate bonds...then the stock market...and some of the most popular investments these days...Mutual Funds.
Fidelity Funds Mutual John Reade, an analyst with London-based UBS AG, said in an e-mailed note on March 22, "Silver may rise to as high as $11 in the next few days."
Diversification . A larger pool of funds allows the fund manager managing the unit trust to purchase a wider range of investments. Rather than concentrating an investment portfolio into one or two investments or shares, a portfolio of market securities can be held. The wider the spread of investments, the less volatile (i.e. variable) the investment returns will be. In simple terms, not putting all your eggs in one basket.
Funds Load Mutual No Reade isn't the only one looking to profit from higher silver prices. In Reno, Nevada, Enviro-Ag company, Itronics, Inc. (OTCBB: ITRO) recently announced that it had tripled silver recovery capacity to 60,000 ounces. Itronics processes photochemicals, removing the heavy metals and manufacturing pure, 5-ounce silver bars, though that's been a byproduct of production of its core business, environmentally friendly liquid fertilizer called GOLD n' GRO.
Funds Investment But Itronics plant in North Reno recently got a $3 million upgrade and its capacity was doubled as a result. Digging back into Itronics filings, in the March 31, 2005 quarterly report it states that Itronics has been developing reagents as an alternative to traditional cyanide leaching used in processing silver and gold ore, or solids, for recovery. The company's recent plant developments now set the stage for Itronics to recover silver commercially. Itronics could see its raw material source grow dramatically and with it, a more efficient operation.
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