Word: rathering
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...even bigger concern is that active ETFs must disclose their holdings daily rather than quarterly as mutual funds do. Although this makes the ETF more transparent, it also opens up the ETF to the risk that savvy hedge funds and others may snap up shares in a stock that an ETF is known to be moving into. This practice, known as front-running, could drive up the stock price and thereby dull the ETF's performance...
...your goal is to beat an index, a good low-cost mutual fund may still have the edge. Says Lee: "I would rather buy a known management team and pay a slightly higher fee in a mutual fund than rush to an ETF structure just for lower fees...
...threatened a full strike if the ruling is enforced. In the end, there is probably little the unions can do to prevent the job cuts, says Theo Vervloet, chairman of the Belgian Brewers trade association. "AB InBev is thinking on a bigger scale and wants to go for volume rather than quality," he says. In other words, AB InBev is focusing on a grand strategy, which means that what happens in Belgium now is small beer...
...this country has become far more difficult because of the way Congress is working right now. I came in expressing a strong spirit of bipartisanship, and what was clear was that even in the midst of crisis, there were those who made decisions based on a quick political calculus rather than on what the country needed. The classic example being me heading over to meet with the House Republican caucus to discuss the stimulus and finding out that [House minority leader John] Boehner had already released a statement saying, We're going to vote against the bill before...
...snow to get a glimpse of Brown in the days leading up to the election, the health care issue came up again and again. They were unsettled by the mounting costs of their state's program and even more so by the process they saw going on in Washington. Rather than being drafted with the common good in mind, they said, the health bill was turning into a series of backroom deals - a Medicaid exemption for Senator Ben Nelson's Nebraska, tax breaks for unions, sweeteners for the hospital and drug industries. As a veteran of the Kennedy political operation...