Horizons Etfs Management (usa) Llc Appoints Head Of Sales

Fardy is an investment industry executive with nearly two decades of experience in business development and strategic relationship management. Previously, Mr. Prior to that, he was a Regional Vice President with Dreyfus Mutual Funds and a Regional Marketing Director with Putnam Investments. Mr. Fardy graduated from the University of Michigan with a degree in economics. He holds the Certified Portfolio Manager (CPM) and Certified Investment Management Analyst (CIMA) designations. Horizons USA launched its first exchange traded fund (ETF) in the U.S. market in June 2013 with the Horizons S&P 500 Covered Call ETF, which is listed on the New York Stock Exchange under the ticker symbol HSPX. HSPX seeks investment results that, before fees and expenses, generally correspond to the performance of the S&P 500 Stock Covered Call Index(TM), which uses an innovative covered call strategy to attempt to generate additional income from the option-eligible stocks in the S&P 500. In his new role at Horizons USA, Mr. Fardy will focus on developing retail sales channels, concentrating on Registered Investment Advisors (RIAs) and National Broker-Dealer firms. “Michael has a terrific track-record in helping RIAs and brokers find the right index ETF solutions for their client portfolios,” said Howard Atkinson, Managing Director of Horizons USA and the Global Head of Sales and Marketing for MAGI’s ETF business. “We’re excited to have him join Horizons, where he will use his ETF expertise to help expand the usage of HSPX.” “We are very pleased to welcome Michael as a member of Horizons USA. To attract someone with his experience and reputation to our organization underscores the credibility we have established in our global ETF franchise,” said Taeyong Lee, President of the Global Business Unit of MAGI. Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses.

Can Team USA Win The America’s Cup?

I thought it was over! Can Team USA Win? Until yesterday, a lot of people had written off the 34th Americas Cup. But now, folks are starting to pay attention. Last week, it looked like Emirates Team Team New Zealand would walk away with the Cup; they were up seven races to one in a first-to-nine series. (Team USA must win 11 due to a penalty.) The tides have turned and Oracle Oracle Team USA has sailed and won four consecutive races. Team New Zealand leads with eight races while Oracle closes in with five. Larry Ellison has cracked a smile, finally The contest has become a nail biter, the machines are incredible and the sailing has been great, said Brad Read, multi-class world champion and executive director of Sail Newport in Newport, RI. (Reads brother is one of the on-air Cup commentators for NBC.) Team New Zealand needs one more win to take the Cupbut they just cant close. Momentum is the most under rated force in sport, said Trinity College squash coach Paul Assaiante who well understands the dynamics of winning. He coached the team with the longest winning streak in the history of any intercollegiate sport. The losing team is relentless because they are one breath away from being deadand thats the most dangerous animal. Oracle Team USA has been pretty dangerous. Yesterday, they navigated the Bays tricky tides and fluky winds to win races 14 and 15. Oracle Tactician Sir Ben Ainslie executed a risky two-tack sequence to put Team USA firmly in the lead on the last leg of one race. (Tacks take away boat speed, the fewer tacks the better.) And while, sadly, Team USA does not have the entire nation behind them, Emirates Team New Zealand has their whole country, about four and a half million sailing fans, weighing on them. Lets hope Team New Zealand can find its closer mentality. Yankees Mariano Rivera has it, Read told me, Lets hope Team New Zealand finds its inner-Rivera! Today marks the 13th day of racing, making it the longest series in the Cups 162-year history. As one commentator put it, The Summer of Racing has become a Fall Classic. I hope neither team finds its inner-Rivera just yet. Let the races go on and on and on UPDATE: Oracle Team USA continues the streak by winning Race 16 by 33 seconds today.

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