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In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy
into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending
on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial
Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will
rise and fall in value pretty much the same amount as the Dow or S&P.
You can also buy ETFs that invest in other
types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few
years, so there is no shortage of ETFs to invest in.
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Thursday, July 17, 2008
TIG Named Minority Supplier of the Year by Southern California Minority Business Development Council
Comtex
SAN DIEGO, Jul 17, 2008 (BUSINESS WIRE) ----Technology Integration Group (TIG) received the 2008 award for Class IV Supplier of the Year (SOTY) from the Southern California Minority Business Development Council (SCMBDC), a National Minority Supplier Development Council (NMSDC) affiliate, on Thursday July 10. The award was presented at the Omni Hotel in Downtown Los Angeles at a ceremony attended by more than 500 including representatives from more than 30 major corporations and government agencies as well as 43 nominated minority business enterprises (MBEs).
The SOTY Class IV award recognizes companies with annual revenue of $50 million or more who have demonstrated competitive business growth, employment and job creation especially for minorities, consistent high quality operations and business performance, innovative approaches and cost savings for clients, and initiatives to assist other MBEs as well as company procurement from MBEs.
Bruce Geier, TIG President and CEO, accepted the award. In his acceptance remarks Geier thanked Sempra Energy and Southern California Gas Company for nominating TIG and for recognizing TIG's consistently superior performance in meeting IT requirements. Geier also thanked SCMBDC for the recognition as well as the SCMBDC corporate members, many of whom are also TIG customers and technology partners. He also recognized the efforts of TIG's employees for providing the consistently strong level and quality of services recognized by the SOTY Award.
As part of winning the SOTY Award Geier receives a scholarship to attend NMSDC's custom Advanced Executive Management Education Program at the J. L. Kellogg Graduate School of Management, Northwestern University.
TIG also won the SOTY award form NMSDC affiliate, Council for Supplier Diversity-San Diego, on May 22, 2008, and previously received the SOTY award from SCMBDC in 2003.
About TIG:
Technology Integration Group is a recognized diversity supplier specializing in providing clients with value-added computing solutions. Founded and headquartered in San Diego for 27 years, TIG is a financially stable, well-established computer systems integrator and IT solutions consultant that services customers nationwide. In addition to the company's headquarters in San Diego, TIG has offices located in Albuquerque, Atlanta, Boise, Boulder, Dallas, Denver, Detroit, Honolulu, Indianapolis, Irvine, Las Vegas, Los Alamitos, Philadelphia, Torrance, Richmond, Sacramento, San Antonio, San Francisco Bay area, Seattle, Tampa, Washington, D.C., and Heidelberg, Germany. For more information about TIG visit www.tig.com.
SOURCE: Technology Integration Group
Technology Integration Group Tasha Hicks, Director of Marketing 858-566-1900 ext. 2700 tasha.hicks@tig.com
Copyright Business Wire 2008
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