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Nottingham Receives SEC Effectiveness for Its First Mutual Fund to ETF Conversion
04/29/2021 | 12:15pm EDT
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Rocky Mount, North Carolina (Newsfile Corp. - April 29, 2021) - The Nottingham Company, a leading fund administrator and private label issuer to the mutual fund and ETF industry, is pleased to announce completion of the registration process for its first conversion of an open-end mutual fund to an exchange traded fund (ETF). Nottingham affiliated series trust Starboard Investment Trust completed the registration portion of the process recently, with an agreed upon conversion date of May 7 for The Adaptive Growth Opportunities Fund. The Adaptive Growth Opportunities Fund will convert all its assets to the Adaptive Growth Opportunities ETF (AGOX) on May 7th, with public trading of AGOX beginning on Monday May 10.
By Yuka Obayashi TOKYO (Reuters) - Oil prices fell on Monday on fears that surging COVID-19 cases in India will drive down fuel demand in the world s third biggest oil importer and as investors adjusted positions ahead of a planned increase in OPEC+ oil output from May. Brent crude futures dropped 38 cents, or 0.6%, to $65.73 a barrel by 0507 GMT, following a 1.1% rise on Friday. U.S. West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.5%, at $61.83 a barrel, after rising 1.2% on Friday. Both benchmark crudes fell about 1% last week. Market sentiment was dented on worries that surging number of COVID-19 cases in some countries, especially in India, will slash fuel demand, Kazuhiko Saito, chief analyst at commodities broker Fujitomi Co.
Today s big mover.
PTI reports: Shares of ICICI Bank on Monday gained over 6 per cent after the company reported a nearly four-fold jump in its March quarter consolidated profit.
The stock jumped 6.11 per cent to Rs 604.90 on BSE.
On NSE, shares of the company gained 6.23 per cent to Rs 605.50.
ICICI Bank on Saturday reported a nearly four-fold jump in its March quarter consolidated profit to Rs 4,886 crore as against Rs 1,251 crore in the year ago period, and spoke of calibrating growth in the near term given the second wave of COVID-19 infections.
The second largest private sector lender, which reported more than three-fold jump in its standalone net at Rs 4,402 crore, said that things will be better in the next two months and exuded confidence of having a strong balance-sheet to deliver consistent returns.
Reuters Reuters
27 April, 2021, 5:06 am
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo
TOKYO (Reuters) -Oil prices fell on Monday on fears that surging COVID-19 cases in India will drive down fuel demand in the world’s third biggest oil importer and as investors adjusted positions ahead of a planned increase in OPEC+ oil output from May.
Brent crude futures dropped 38 cents, or 0.6%, to $65.73 a barrel by 0507 GMT, following a 1.1% rise on Friday. U.S. West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.5%, at $61.83 a barrel, after rising 1.2% on Friday.