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Exchange-Traded Fund

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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Steven Madden, Ltd. to Broadcast Review of First Quarter 2008 Results Over the Internet

 
Comtex
 

LONG ISLAND CITY, N.Y., April 28, 2008 /PRNewswire-FirstCall via COMTEX News Network/ ----Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer, wholesaler and marketer of fashion footwear and accessories for women, men and children, today announced that the Company's conference call to review first quarter 2008 results will be broadcast live over the Internet on Thursday, May 1, 2008, at 10:00 a.m. Eastern Time.

The call can be accessed at http://www.stevemadden.com/ under the Investor Relations section. An online archive of the broadcast will be available at this link until May 15, 2008.

Steven Madden, Ltd. designs and markets fashion-forward footwear and accessories for women, men and children. The shoes and accessories are sold through company-owned retail stores, department stores, apparel and footwear specialty stores, and online at www.stevemadden.com. The Company has several licensees for its brands, including for outerwear, cold weather accessories, eyewear, and hosiery and owns and operates 100 retail stores, including its online store. Through its wholly-owned subsidiary, Daniel M. Friedman & Associates, the Company is the licensee for Betsey Johnson handbags and belts and Tracy Reese handbags and belts.

 Contact: FD (212) 850-5600 Investors: Cara O'Brien/Leigh Parrish Media: Diane Zappas 

SOURCE Steven Madden, Ltd.

http://www.stevemadden.com 
Copyright (C) 2008 PR Newswire. All rights reserved
 
 

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