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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.
Home / Markets / Industries / Health Care
Wednesday, May 07, 2008
Herbalife Hires New Vice President of Investor Relations
Comtex
LOS ANGELES, May 07, 2008 (BUSINESS WIRE) ----Herbalife Ltd. (NYSE:HLF), a global nutrition and direct-selling company, announced the appointment of Andrew L. Speller as vice president, investor relations.
Speller spent the past 15 years in the financial services industry where he established a strong reputation for his analytical ability and built numerous relationships with investors.
He joins Herbalife from A.G. Edwards & Sons, where he was associate vice president, senior equity analyst. Speller headed one of five healthcare teams which provided investment analysis on individual companies and specific industry issues. He often appeared in the media, commenting on healthcare trends and specific companies, and has been recognized four times by The Wall Street Journal's "Best on the Street" survey of sell-side analysts for stock picking.
A native of Nashville, Tenn., Speller earned a Master of Business Administration from St. Louis University and a Bachelor of Science in business administration from University of Missouri-Columbia, with degrees in finance and banking, and real estate.
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About Herbalife Ltd.
Herbalife Ltd. (NYSE:HLF) is a global network marketing company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 65 countries through a network of over 1.8 million independent distributors. The company supports the Herbalife Family Foundation and its Casa Herbalife program to bring good nutrition to children. Please visit Herbalife Investor Relations for additional financial information.
SOURCE: Herbalife Ltd.
Herbalife Ltd. George Fischer Sr. Dir, WW Corp Comm. 310-410-9600 x32649 georgef@herbalife.com
Copyright Business Wire 2008
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