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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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Wednesday, May 28, 2008
Vincent Wauters appointed Amer Sports Senior Vice President, Supply Chain and Information Technology
Comtex
May 28, 2008 (Hugin via COMTEX) ----Mr. Vincent Wauters has been named Amer Sports Senior Vice President, Supply Chain and Information Technology. The newly created position has been established to reinforce the company's efforts in developing synergies through common platforms in the areas of Supply Chain and Information Technology. Mr. Wauters will join Amer Sports on September 1, 2008.
Mr. Wauters holds a Post Graduate degree in geopolitics from U:L:B Brussels University, Belgium. He is joining Amer Sports from Newell Rubbermaid (www.newellrubbermaid.com) in Paris, France, where he held the position of Vice President, Supply Chain, EMEA. Mr. Wauters will relocate to Helsinki, Finland and will be based at Amer Sports headquarters.
Mr. Wauters will report to Mr. Roger Talermo, Amer Sports' President and CEO and will be a member of Executive Board.
For further information, please contact: Mr. Max Alfthan, Senior Vice President, Communications, Amer Sports Corporation, tel. +358 9 7257 8216
AMER SPORTS CORPORATION Communications
DISTRIBUTION Helsinki Stock Exchange Principal media www.amersports.com
AMER SPORTS CORPORATION Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Wilson, Atomic, Suunto, Precor and Salomon. All Amer Sports companies develop and manufacture technically advanced products that improve the performance of active sports participants. The Group's business is balanced by its broad portfolio of sports and presence in all major markets.
SOURCE: Amer Sports Oyj
Copyright (c) 2008, HUGIN AS. All rights reserved. ********************************************************************** As of Saturday, 05-24-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 02-08-2008 for NWL @ $22.69. 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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