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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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Friday, May 23, 2008
SYSCO to Webcast Presentation From the Sanford Bernstein & Company Strategic Decisions Conference 2008
Comtex
HOUSTON, May 23, 2008 (PrimeNewswire via COMTEX) ----SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, announced today that it will webcast its presentation from the Sanford C. Bernstein & Company Twenty-Fourth Annual Strategic Decisions Conference 2008 on Friday, May 30, 2008 at 9:00 a.m. ET.
The live webcast can be accessed at www.sysco.com in the Investor Relations section. An archived replay of the presentation will be available shortly thereafter and will remain on SYSCO's website for approximately 30 days.
SYSCO is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. For the fiscal year ended June 30, 2007, the company generated more than $35 billion in sales. For more information about SYSCO visit the company's Internet home page at www.sysco.com.
The SYSCO Corporation logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=747
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: SYSCO Corporation
SYSCO Corporation Neil A. Russell, Assistant Vice President, Investor Relations (281) 584-1308
(C) Copyright 2008 PrimeNewswire, Inc. All rights reserved. ********************************************************************** As of Monday, 05-19-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated an UPTREND on 04-28-2008 for SYY @ $29.84. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
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