In United States tax law, a section 475(f) fund is a hedge fund that elects to mark to market all its unrealized gains and losses, as allowed by the provisions of section 475(f) of the Internal Revenue Code. This can lead to a much faster recognition of gain, but also lessens the tax fees due to the high cost of performing the appropriate analysis for a non-475 fund.
A 130–30 fund or a ratio up to 150/50 is a type of collective investment vehicle, often a type of specialty mutual fund, but which allows the fund manager simultaneously to hold both long and short positions on different equities in the fund. Traditionally, mutual funds were long-only investments. 130–30 funds are a fast-growing segment of the financial industry; they should be available both as traditional mutual funds, and as exchange-traded funds (ETFs). While this type of investment has existed for a while in the hedge fund industry, its availability for retail investors is relatively new.
A 130–30 fund is considered a long-short equity fund, meaning it goes both long and short at the same time. The "130" portion stands for 130% exposure to its long portfolio and the "30" portion stands for 30% exposure to its short portfolio. The structure usually ranges from 120–20 up to 150–50 with 130–30 being the most popular and is limited to 150/50 because of Reg T limiting the short side to 50%.
Under the proposal, the state would spend $25.7 billion from the general fund in fiscal 2022 and $26.6 billion in 2023. North Carolina would also use $5.1 billion in federal State Fiscal Recovery funds, while state economists predict the state will have a $6.5 billion surplus.
“Across the board, there could have been a lot better use of the funds being more targeted,” Rachel Greszler, an economist at the Heritage Foundation, said ... More than two dozen GOP governors have moved to end supplemental unemployment benefits funded by the federal government, citing labor shortages they say are triggered by the generosity.
Economist and Guest-Speaker Kwame Pianim emphasised that the goal of the Teachers’ Fund (TF) is attainable if only there is a united front at the GNAT level and sound selfless management at Teachers’ Fund level for the good of all. He urged the association to also consider retirement homes for teachers, with the Teachers’ Fund as an off-taker.
With developing countries heavily handicapped, the InternationalMonetary Fund (IMF) warns of a "dangerous [new] divergence." ... The Economist believes death rates in developing countries are much higher than officially reported - 12 times more in low- and middle-income countries (LMICs), and 35 times greater in low-income countries (LICs)!.
It is now accepted by some well-known international economists that economic growth alone cannot eradicate poverty ... However, it is recognized that to a poor country, the amount of funds such a program would require is huge and maybe unaffordable. For this reason, some economists ...
The report by the Joint Legislative Committee on Performance Evaluation and Expenditure Review, says Mississippi's public school districts received approximately $23.8 billion from all government sources (state, local and federal funds) from fiscal 2016 to 2020 ...State funds are ...
The reality is that almost everyone in the country is living through poverty and extreme hardship, said Sergi Lanou, deputy chief economist at the International FinanceInstitute, by telephone from Washington...Monetary Fund. Other economists are even more pessimistic.
• The economist has charged the IMF and World Bank to be realistic about the country’s economy ...Economist, Dr Said Boakye wants the InternationalMonetary Fund and the World Bank to always come clean on the truth state of the Ghanaian Economy ... “Always we should raise our tax revenue, how much can we tax poor people ... Join our Newsletter. .
Last month, a tiny hedge fund called Engine No ... Now the hedge fund is ready to recruit ordinary investors—people with 401(k)s, Robinhooders , the financially curious—into its army. Tomorrow it is launching an exchange-traded fund, or ETF, that will track the performance of the 500 largest public companies in America, the firm told The Atlantic.
He did not explain how the fund would be big enough, given that El Salvadorans in the United States send home $6 billion in remittances each year ... Economists say the Bitcoin plan could derail El Salvador’s negotiation of a more than $1-billion loan from the InternationalMonetary Fund, which economists say will be necessary by the end of this year.
Australia’s top economists overwhelmingly back government measures to speed the transition to electric cars in order to meet emission reduction targets ... Asked whether Australia should take action to speed the transition, eight in 10 of the 62 economists selected by the Economic Society said it should.
“Jobs that are most susceptible to automation tend to involve routine and manual tasks, and those jobs havetraditionally been performed by workers with mid-level skills or low-skilled workers,” Tahsin Saadi Sedik and Jiae Yoo, economists with the InternationalMonetary Fund, wrote in a recent paper on automation.
An economist said that the bank is following a trend as private companies start taking action, ‘but this is different from monetary easing’ ... That move was expected by most economists and seen as a tweak around the margins of a policy tool kit that is largely tapped out.
However, the economist said he's worried the central bank is making a policy mistake ... The latest policy decision from the Federal Reserve will provide ample liquidity to keep stocks going strong for the rest of 2021, but it may have not been the right move for the central bank, according to economist Mohamed El-Erian.