|分野（sector）||Consumer Services 消費者サービス|
|概要||事業概要 Sprott Focus Trust Inc is a Canada-based diversified alternative asset manager in precious metal and real asset investments. Through its subsidiaries in Canada the United States(US) and Asia the Company is dedicated to providing investors with investment strategies that include exchange listed products alternative asset management and private resource Investments. The Corporation also operates merchant banking and brokerage businesses in both Canada and the US. The Company's investment products include physical bullion trusts mining exchange traded funds ( ETFs) private equity and debt strategies. Through its merchant banking and resource lending activities the Company partners with natural resource companies. Sprott Focus Trust, Inc. is a closed-end diversified management investment company whose shares of Common Stock are listed and traded on the Nasdaq Global Select Market. The Fund’s investment goal is long-term capital growth, which it seeks by normally investing at least 65% of its assets in equity securities.|
|代表者氏名||Thomas Ulrich トーマスウルリッヒ|
|代表者役職名||President Chief Compliance Officer Secretary|
|決算概要||決算概要 BRIEF: For the fiscal year ended 31 December 2017 Sprott Focus Trust Inc revenues decreased 9% to $4.9M. Net income decreased 9% to $35.5M. Revenues reflect Securities lending decrease of 55% to $641K. Net income also reflects Net change in unrealised Investments decrease of 26% to $20.1M (income) Stockholders reports increase from $25K to $61K (expense) Expense reimbursement decrease of 15% to $126K (income). Dividend per share increased from $0.40 to $0.52.|
Cathie Wood''s flagship ARK fund shows dot-com bubble traits and may be luring investors into a ''bull trap,'' JPMorgan strategist says 2021/07/19 10:27:29 Business Insider Markets
Summary List Placement Cathie Wood''s ARK Innovation ETF is demonstrating bubble-like traits similar to those seen during the excessive speculation of internet-related companies in the late 1990s, and could be luring investors into a "bull trap," according to JPMorgan strategist Shawn Quigg. In a note dated July 15, Quigg wrote that a second-half pick-up in Treasury yields and a shift in the growth dynamic of the economy could trigger a bull-trap reversal of shares in the exchange-traded fund. "A looming rise in yields could be a catalyst to accelerate ARKK shares lower, in addition to the continued outperformance of large staple-tech stocks over disruptive-tech stocks, and pressing ARKK into the capitulation phase," he wrote. Investors should consider betting against the fund with options, he said. He recommended investors buy ARKK October $105 strike puts, or the price 11% below last Wednesday''s closing, to take advantage of implied volatility that is near a yearly low "despite the potential for shares to enter a broader capitulation phase." The 10-year Treasury yield is down 27% from its peak in March to about 1.26% as of Monday.
North Dakota oil tax savings account earnings beat forecast politics 2021/07/19 04:22:50 St. Louis Post-Dispatch
BISMARCK, N.D. (AP) North Dakotas trust fund for oil taxes is realizing hefty earnings due to a rebounding economy and better-than-expected stock investments, officials said Tuesday.
"World''s Most Bearish Hedge Fund" Goes Short Tech 2021/07/19 02:30:11 Zero Hedge
"World''s Most Bearish Hedge Fund" Goes Short Tech The world''s financial graveyards are covered with the career tombstones of those who, over the past decade, have called the end to a tech bubble that not only has yet to pop but has culminated with just 5 tech names - the FAAMGs - comprising 23% of the S&P''s market cap vastly surpassing the lofty dot com days, with a combined valuation of over $7 trillion. Among those who were steamrolled by the tech juggernaut is Ned David Research, traditionally known for its accurate market timing calls if certainly not this time: two months ago it slapped a sell reco on tech right before it ripped the bears'' faces off and embarked on a 14% rally. And then, just as the FAAMGs fell out of bed late last week, the firms strategists pulled a Gartman, and abandoned their underweight stance, expecting that the rotation out of reflation and into growth, coupled with a plunge in yields, will lead to more tech buying when we may well be facing the first market rout since March considering last week''s coordinate selloff. The rapidly evolving COVID landscape, coupled with the Feds more hawkish tone at the June FOMC meeting have gone against cyclical Value sectors that tend to be positively correlated to interest rates and the yield curve, said Ned Davis strategist Rob Anderson. The progression of the virus will likely influence whether Growth or Value sectors gain the upper hand in the second half. After trailing small-cap stocks which were the biggest beneficiaries of economic reopening, the Russell 100 Index erased its underperformance last Wednesday.
Wall Street Watchdog Keeps Bitcoin ETFs on Ice 2021/07/18 14:08:20 Techtelegraph
For eight years, asset managers have tried to launch bitcoin exchange-traded funds, but success seems no closer now than it did in 2013. The Securities and Exchange Commission said this month it would seek public comment on WisdomTrees proposal to launch a bitcoin ETF, focusing on whether the fund would be safe for investors. The  The post Wall Street Watchdog Keeps Bitcoin ETFs on Ice appeared first on TECHTELEGRAPH .
Meet the 9 unicorn startups minted in France in 2021, as companies raise a record $6.6 billion this year 2021/07/18 13:01:00 Business Insider
Summary List Placement French tech is booming. Like much of Europe and the US, France has benefited from an uptick in venture capital investment, helping it to a record year in 2021 so far. The higher amount of capital has, in turn, bolstered valuations and France has minted nine new unicorns in 2021. Overall, France attracts lower amounts of venture capital than other markets in Europe, such as the UK. But Dealroom data indicates that growth in the number of startups valued above $1 billion is outpacing the UK, the US, China, and Israel. And as seen in this chart, French tech startups have raised $6.6 billion so far this year, eclipsing the $5.2 billion invested in 2020. It''s also attracting substantially more megarounds. "There is a new cohort of founders with clear, aggressive, and global ambition and their ambition is finally fueled with a much richer and diverse pool of capital, supported by local and international top tier investors ready to foster their ambitious with a much less risk-averse mindset," said Antoine Nussenbaum, partner and cofounder at London-based Felix Capital.
ETFs and index funds. Which one is a better choice? 2021/06/01 03:32:37 Economic Times India
As with everything in life, there are some things that you actively participate in and some others where you are passive. Active participation is when you are directly engaged and involved in the outcome. Passive participation is just the opposite, wherein you observe the proceedings without directly influencing the activities or their outcome.When it comes to investing, the same principle applies. You can actively invest in specific stocks and create a portfolio or you can just invest in a basket of stocks selected by someone else using pre-determined rules. Some of the foremost amongst such investments, are ETFs and Index Funds. Both these asset classes originate from the same family of passive funds, which mirror the Index that they follow. They both aim to track the performance of the underlying Index as closely as possible.Index Funds and ETFs are categorised under what is known as "Indexing." Indexing involves investing in stocks of an underlying benchmark index on the same proportion and mirroring the portfolio.
Harsha Moily's $200 million fund to focus on climate tech companies 2021/06/01 00:30:00 Economic Times India
To fund ventures working on sustainable agriculture, alternative energy
Mutual funds add global stocks for higher returns 2021/05/31 18:38:58 Economic Times India
Domestic fund managers are increasingly looking to bring an international flavour to equity portfolios they handle as they look at large swings in performances. At least six equity funds have added shares of global companies in their holdings as part of direct stock allocations in the past year or so.So far, a majority of the overseas allocations of domestic schemes have been by investing in another fund abroad. In addition, there are several local schemes that allow investors to invest in global funds. Now, fund managers are taking control of all the allocations themselves.The success of Parag Parikh Flexi Cap Fund, an eight-year-old equity scheme, could have been a trigger. This product, which can invest 25-30% of its portfolio in international stocks, has gained popularity among investors of late as the option to invest abroad has given the product an edge over others. The fund has returned over 20% over the past three and five years, making it among the best performers.“Having a mix of domestic as well as international stocks lowers the portfolio volatility given that different markets may move up and down at different times,” said Rajeev Thakkar, chief investment officer, Parag Parikh Mutual Fund.
Norway's wealth fund unlikely to reproduce same high returns: CEO 2021/05/31 16:51:04 Economic Times India
Monday marked the 25th anniversary of the Norwegian government's first cash injection to the central bank to help establish what has since become the world's largest such fund.
Franklin Templeton Canada Launches New Fund Leveraging 35 Years of Global Real Asset Investment Expertise 2021/05/31 14:30:00 Business Insider Markets
TORONTO, May 31, 2021 /CNW/ - Franklin Templeton Canada today announced the launch of Franklin Global Real Assets Fund II for accredited investors. The fund seeks to generate stable current income and provide an attractive total…
Inside India Quotient, The VC Firm That Won Big With ShareChat | Forbes India 2021/04/12 09:11:25 Forbes India
Founding partners Madhukar Sinha and Anand Lunia are now raising their fourth fund to invest in Indian startups, having backed a handful of winners whose potential was not so apparent to many early on
Businessinsider.co.za | Absa shuts down massive unit trust. Many investors have the wrong idea about the fund, it says 2021/04/12 07:19:45 Business Insider South Africa
Many investors are under the mistaken impression that it guarantees the unit trust, and its returns.
Gordon Brown calls for G7 to act on Covid vaccine ‘apartheid’ 2021/04/12 05:00:55 The Guardian
Former prime minister says group should commit to global vaccine drive and slams UK’s foreign aid cut Coronavirus – latest updates See all our coronavirus coverage Preventing poor countries suffering from vaccine “apartheid” will require the G7 group of rich nations to commit $30bn (£22bn) a year to a global immunisation drive, Gordon Brown has said. The former Labour prime minister said the UK should use June’s G7 summit in Cornwall to rekindle the moral purpose of the Make Poverty History campaign of 2005, paying for its share of the new fund by reversing the government’s “misguided” cut to the foreign aid budget. Continue reading…
Docusign, LendingTree, And Velo3D's Rumored SPAC — What Cathie Wood's Ark Bought And Sold On Friday 2021/04/12 03:04:47 Benzinga
Cathie Wood-led Ark Investment Management on Friday bought in more shares of the blank-check company Jaws Spitfire Acquisition Corp (NYSE: SPFR ), its third such purchase for its newest fund Ark Space Exploration & Innovation (NYSE: ARKX ). The Barry Sternlicht- and Serena Williams-backed Jaws Spitfire is reported to be in talks to take SpaceX's 3D printer supplier Velo3D public in a SPAC deal, which could value the company $1 billion. SpaceX is led by Elon Musk, who also serves as the CEO of Tesla Inc. (NASDAQ: TSLA ). On Friday, Wood bought 102,800 shares for ARKX of the 3D company, which has the capability to manufacture previously impossible geometrics, and contributes over 0.80% of the ETF’s overall weight. The hedge fund also bought 230,439 shares of the blank-check company for its Autonomous Technology & Robotics ETF (BATS: ARKQ ). Shares of the blank-check firm closed 0.28% higher at $10.70 on Friday. Here’s a list of the other 11 stocks that the hedge fund bought and sold on Friday: Trades For Ark Genomic Revolution ETF (BATS: ARKG ) Berkeley Lights Inc (NYSE: BFLY ): Bought 41,000 shares of the company, representing about 0.0203% of the ETF.
Billionaire Lee Ainslie's Maverick Capital soared in March despite the struggles of his Tiger Cub peers 2021/04/09 20:16:14 Business Insider
yhO Summary List Placement After the Reddit-fueled GameStop saga that ensnared funds like Melvin Capital, D1 Capital, and more, Maverick Capital founder Lee Ainslie told investors that his $9 billion fund was poised to take advantage of the trading landscape. Two months later, it's clear Ainslie wasn't bluffing. Maverick is dominating 2021 so far, returning 20% in March alone to fuel a 36% gain for the first quarter, sources told Insider. The firm did not immediately return request for comment. It's unclear what moves Maverick made following January's market volatility. Regulatory filings from February for the firm's portfolio show that Facebook, DuPont, and Microsoft were the manager's largest holdings to start the year, and each of those companies have seen their stocks rise, with Microsoft's 17% jump since the New Year leading the way. Maverick's fifth-biggest holding, manufacturing equipment-maker Applied Materials, has increased by more than 50% since 2021's start. The impressive March performance comes after Insider reported in February that the firm's top stock-picker, Andrew Warford, would be leaving the firm to run his own family office.
関連キーワード （クロ―ズドエンド型投資信託 米国株 FUND Sprott Focus Trust Inc.）