LOIM, ETF Securities unveil fundamentally weighted EM government bond ETF

The ETFS Lombard Odier IM Emerging Market Local Government Bond Fundamental GO UCITS ETF (LOCL LN) is designed to provide exposure to the local currency debt of emerging markets countries that are best placed to repay their debt.

According to LOIM, the fund aims to provide quality-based diversification to the emerging market local currency debt asset class by employing a weighting scheme based on fundamental factors of creditworthiness, liquidity, value and investability.

Emerging market sovereign bonds offer an appealing yield, particularly when compared to developed economies; however, unlike market-cap benchmarks, which allocate more to countries with higher levels of debt, a fundamentals-based approach offers a more intuitive weighting methodology.

Kevin Corrigan, Head of Fundamental Fixed Income, LOIM, commented: “We are extremely pleased to introduce our emerging market local government bond ETF to the European market. As interest rates in advanced economies remain depressed, relative valuation dynamics in emerging market debt are becoming interesting and our fundamentally weighted approach provides greater quality-focused diversification for investors. LOIM has over five years of experience in fundamentally weighted fixed income investing and our partnership with ETF Securities enables us to offer a wide range of investors an innovative approach to investing in emerging debt markets.

This is the fourth fund in the LOIM + ETF Securities range of fundamental fixed income ETFs, which also includes the ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF (FWEC LN), the ETFS Lombard Odier IM Global Corporate Bond Fundamental GO UCITS ETF (CRED LN) and the ETFS Lombard Odier IM Global Government Bond Fundamental GO UCITS ETF (CORE LN)

“The suite of ETFs that we have brought to the market with Lombard Odier IM aim to capture the increasing shift towards more cost-effective investment solutions but, at the same time, provide an improved risk-adjusted return profile. Our first three products, launched in March, were well received and investors have already expressed their interest in the launch of this innovative emerging market ETF,” said Howie Li, Co-Head of CANVAS at ETF Securities.

The fund tracks the LOIM Fundamental EM Local Currency Index, which is constructed based on their proprietary fundamentally weighted methodology. By focusing on the creditworthiness rather than the market capitalisation of debt, the index aims to achieve higher risk-adjusted returns relative to widely-used market capitalisation benchmarks. This systematic approach to diversification is achieved by attributing index weights according to issuers’ fundamental characteristics including macroeconomic, credit, social and demographic factors. Fundamental allocation is then adjusted based on liquidity and yield factors.

The fund’s alternative weighting process leads to significant divergences from market-cap weighted benchmarks such as the JP Morgan GBI-EM Global Diversified Index. According to data from Lombard Odier, as of 30 April 2015, the index was overweight bonds in China and India (both countries have zero weight in the selected benchmark) as well as Russia. The fund also had underweight allocations to South Africa, Poland, Malaysia and Mexico. With regards to credit ratings, the index had a larger allocation to higher-rated (AA3) and lower-rated issues (BAA3, BA1 and BA3), while being underweight issues with credit ratings between A2 and BAA2.

As of 1 September 2015, the ETF held 242 constituents with the largest country weightings being China (10.5%), India (9.7%), Russia (9.7%), Brazil (7.8%) and Indonesia (6.2%).

The fund trades in US dollars on the London Stock Exchange and carries a total expense ratio of 0.55%.

Business Loans Today Offers Advice for Small Business Owners

SCOTTSDALE, Ariz., Sept. 3, 2015 /PRNewswire/ — Small business loans continue to be a primary means for startups and established small businesses to obtain capital. From traditional bank loans to alternative online lending, businesses look at a variety of ways to successfully gain financial support. At times, this process can be difficult and overwhelming for business owners. Plus, many people do not know where to start or understand what is needed to qualify for a small business loan.

Business Loans Today is an online lending company that is quickly emerging as an industry leader in small business and financial information. The company helps small- and medium-sized business owners gather information that is needed to easily obtain a loan. Their website is focused on sharing financial management advice, tips, and tools that are fundamental in helping entrepreneurs and business owners move their business ahead. Furthermore, Business Loans Today goes beyond offering information on small business loans to also provide ideas on building and managing small business processes.

CEO and founder, Chris Kay, started Business Loans Today to meet the financial needs of small business owners that typically find the loan process to be incredibly daunting and unsuccessful. Our clients often look at several avenues to obtain capital for their business before coming to us. They find that many resources are discouraging and ineffective, so they come to Business Loans Today looking for a simpler and faster process to obtain a loan. With our proprietary online lending platform, our clients are surprised and happy to see how fast and easy it is to be approved for a small business loan.

Small business owners are finding Business Loans Today to be an efficient and clear resource for obtaining a business loan. The information provided to help entrepreneurs and business owners is an added bonus to help clients continue to build their business on innovative and successful processes. Many prospective and current clients are finding the information offered by Business Loans Today to be incredibly helpful. Small business owners can learn more by visiting www.businessloanstoday.com/advice.

About Business Loans Today

BusinessLoansToday specializes in offering small- and medium-sized business owners the financing they need to either start or expand their business. The company provides loans in amounts from$5,000up to$250,000, with repayment terms from four to 24 months. Funding is typically available to business owners just days after approval. For more information about BusinessLoansToday, visitwww.businessloanstoday.com.

Media Contact:
Audrey Peck

SOURCE Business Loans Today

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Emirates Islamic announces home finance offer for UAE Nationals

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced a home finance offer on Bloom Gardens residential project.

The bank is offering up to 80 per cent financing for ready units and up to 50 per cent per cent for under construction units for UAE national home buyers. The special offer with low profit rates is for a limited period.

Bloom Gardens, created by Abu Dhabi based developer Bloom Properties, is a luxurious residential project located on the elegant eastern mangrove corniche, on the main island of Abu Dhabi, next to Khalifa Park.

The phase 1 of the exclusive gated residential community project consisted of 123 ready villas with an additional 145 units set to be delivered starting next year including 55 units in the first quarter 2016 and the remaining 90 units in the fourth quarter. Bloom Gardens has a fully functioning school, Brighton College Abu Dhabi, with attractive retail elements in the pipeline.

Commenting on the offer, Faisal Aqil, Deputy CEO, Consumer Wealth Management at Emirates Islamic said, “We are delighted to introduce this exclusive offer to UAE nationals which will help them realise their dreams of home ownership. Bloom Gardens is a very exclusive and established gated community located in one of the most prestigious addresses in Abu Dhabi. We are certain this offer will be well received by our customers.”

Sameh Muhtadi, CEO of Bloom Holding, said: “We are delighted to have the support of Emirates Islamic for our exclusive residential development Bloom Gardens. As an integrated community that offers a wide spectrum of upscale amenities, services and facilities including Brighton College Abu Dhabi, Bloom Gardens continues to attract more and more investors and buyers due to its unique location and premium amenities. I am confident that more people will now turn to own homes in Bloom Gardens due to low profit rates offered by Emirates Islamic.”

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County frees funds to fix Flower Mound Road

County officials voted to temporarily tap Comanche Countys Home Finance Fund in order to pay for needed road repairs this winter, but the expenditure is expected to be reimbursed. 

The Comanche County Commissioners considered the action during their weekly meeting Tuesday at the courthouse before unanimously voting to approve a resolution to transfer $244,610 from the Home Finance Fund in order to complete work on south Flower Mound Road. Comanche County Eastern District Commissioner Gail Turner explained that Flower Mound Road south of Bishop Road has been waiting for repair since the 2010 ice storm; the base of the roadway was damaged, causing the asphalt to crack, sink or chip away from the upper surface. The county has been able to patch the road since the storm, but Turner said it needs to be re-done.

This summer, the commissioners approved a bid from Tamp;G Construction to repair the road for a total of about $440,000. FEMA has approved the repair from Southeast Bishop Road to the GEO prison, and provided around $198,000 of the total up front. 

After the job is finished, Turner said FEMA will review the project and reimburse the remaining cost. However, he said the county doesnt have that kind of money just lying around at the moment. Commissioners voted to encumber $244,61 from the home finance fund for now. The project is expected to commence this winter. 

Commissioners also approved a $92,211 encumbrance from the general contingencies fund to pay ASCOG to help prepare the countys Multi-Hazard Mitigation Plan. According to FEMAs Web site: 

The purpose of mitigation planning is to identify policies and actions that can be implemented over the long term to reduce risk and future losses. Mitigation Plans form the foundation for a communitys long-term strategy to reduce disaster losses and break the cycle of disaster damage, reconstruction, and repeated damage.

In order to receive certain FEMA grants or assistance, communities must develop a mitigation plan each year including input from community schools, government agencies, etc. Because the document is large, the county typically pays ASCOG to help in its preparation, and that cost is typically reimbursed through federal funding.

Online Small-Business Loans for Equipment

Whether it’s a second oven for your bakery, a new tank for your brewery or an X-ray machine for your dental office, new equipment is a hefty investment. You might be able to tap your cash reserves and buy those pieces outright, but if you aren’t that liquid, it’s time to find a smart financing solution.

Small-business loans can be a good option for footing the bill. You should look for the lowest annual percentage rate possible. Banks and credit unions typically offer the lowest APR, but if you don’t qualify for those loans, online small-business loans may be a good alternative.

One crucial thing to keep in mind: You need to make sure you match your loan term to the expected lifespan of your new equipment, says Bruce Morse, regional director of the Wyoming Entrepreneur Small Business Development Center. For example, if you’re purchasing commercial kitchen equipment that you expect to use for five years, get a loan with a five-year term. A shorter term may have you scrambling to make payments, and a longer term will have you paying off the equipment even after you stop using it.

“Getting this right is extremely important to the cash flow, and possibly survival, of the business,” Morse told NerdWallet by email.

We’ve rounded up four good loan options below. You can also check out Nerdwallet’s small-business loans list, based on factors including lender trustworthiness and user experience.

For businesses that can qualify for the lowest rates: SmartBiz

SmartBiz offers small-business loans backed by the US Small Business Administration. The online application is automated, so you’ll save time and avoid the paperwork associated with traditional SBA loans. Payments are spread over 10 years — the longest term of all online small-business loans — but you can repay your loan earlier with no penalty.

SmartBiz offers the lowest rates of all online small-business lenders on the market. Because its rates are so affordable, however, SmartBiz’s application is more rigorous and time-consuming than applications for other online small-business loans.

Repco Home Finance Limited Recruitment 2015: Apply for Branch Manager Posts

Applications are invited from eligible and qualified candidates who wish to get short listed in the post of Branch Manager by Repco Home Finance Limited. The candidates who are eligible for this recruitment must send their applications in the prescribed formats on or before September 23rd 2015. Prepsure is providing required information on Government Jobs 2015: Repco Home Finance Limited Recruitment 2015: Apply for Branch Manager Posts.

The candidates will be short listed on the basis of their performances in written exam or interview as scheduled and conducted for this purpose. The candidates will find complete details of this recruitment including eligibility, application and selection process etc from information as provided here below.

Vacancy Details:

Name of the Post: Branch Manager

Total Vacancy: Not Specified


Educational Qualifications: The applicants should have passed graduation from any UGC recognized university. The candidates who have completed graduation from the Open University will not be considered as eligible for this recruitment. Those candidates who have PG degree or CAIIB qualifications will be given more preference for selection.

Age Limit: The age of all applicants should be not more than 28 years as on September 1st 2015.

Selection Process: The applicants will be selected on the basis of their performances in written exam/ interview as scheduled to be conducted for this purpose.

Last date to Apply: September 23rd 2015

How to Apply: The application formats can be downloaded online from the Repco Home Finance Ltd website at www.repcohome.com and sent along with the required documents of eligibility in an envelope super scribed as post name and code to the following address: The General Manager (HR), Repco Home Finance Limited 3rd Floor, Alexander Square New No 2/ Old No 34 amp; 35, Sardar Patel Road, Guindy Chennai -600 032. Click here to download detailed advertisement.

View more Government Jobs from here

Image Courtesy: Getty Images

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Penny Stock Movers – DBS Group Holdings Ltd. (ADR)(DBSDY), BG Group plc (ADR …

DBS Group Holdings Ltd. (ADR)(OTCMKTS:DBSDY)offers various commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury, and Others sections. The Consumer Banking/Wealth Management segment provides banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products.

DBS Group Holdings Ltd. (ADR)(OTCMKTS:DBSDY) reported the surge of 0.97% and closed at $49.99, with the total traded volume of 327,848.00shares. During last trade its minimum price was $49.62 and it gained its highest price of $50.05 and has a total of 373.47 million outstanding shares.

Can Investors Bet on DBSDYafter this News update? Find out in this Research Report

BG Group plc (ADR)(OTCMKTS:BRGYY)works as an exploration and production, and liquefied natural gas company worldwide. Its Upstream section engages in the exploration, development, production, liquefaction, and marketing of hydrocarbons. This segment has proved and probable reserves of 6,525 million barrels of oil equivalent. The company’s LNG Shipping amp; Marketing segment is involved in the purchase, shipping, marketing, and sale of LNG and regasified natural gas.                                 

BG Group plc (ADR)(OTCMKTS:BRGYY) increased0.55% closed at $15.45 and traded with total volume of 660,146.00 shares, while the average trading remained 261,768.00 shares. During last trade its minimum price was $15.34and it gained the highest price of $15.60. Its market capitalization was $52.74billion.

How Should Investors Trade BRGYYNow? Don’t Miss out a Special Trend Analysis

MTN Group Ltd (ADR)(OTCMKTS:MTNOY)works in the telecommunications industry. It offers voice and data services; and business services, such as cloud, infrastructure, network, software, and enterprise mobility. The company also provides MTN mobile money account, which enables to make payments, buy prepaid services, and withdraw cash. In addition, it offers digital lifestyle products, including MTN Play that offers games, music, news, and lifestyle services; and MTN Football, a game.

MTN Group Ltd (ADR)(OTCMKTS:MTNOY) reported the surge of 1.72%, after closing price for the day was $13.01. Its total trading volume for the day was 359,505.00 shares, versus its average volume of 118,589.00 shares.

What MTNOYCharts Are Signaling for Traders? Find Out Here

PAGNIE FINANCIERE RI(OTCMKTS:CFRUY)works through JewelleryMaisons, Specialist Watchmakers, and Other segments. It is involved in the design, manufacture, and distribution of jewelry goods, precision timepieces, writing instruments, watches, and leather goods. The company offers its products under the Cartier, Van Cleefamp;Arpels, GiampieroBodino, Piaget, A. Lange amp;Söhne, Jaeger-LeCoultre, VacheronConstantin, OfficinePanerai, IWC, Baume amp; Mercier, Roger Dubuis, Montblanc, Alfred Dunhill, Lancel, ChloÃ, AzzedineAlaïa, Shanghai Tang, and Peter Millar brand names.

PAGNIE FINANCIERE RI(OTCMKTS:CFRUY)showing jumped of 0.89% and closed at $7.34, after gaining total volume of 1.24million shares. Its beta value stands at 1.87points and has total market capitalization of $38.00billion and a total of 5.22million outstanding shares.

Is CFRUYa Solid Investment at These Levels? Read This Report For Details

We combine technical analysis and fundamental research in an objective, unbiased system to help current and prospective traders and investors consistently find high-quality, high probability trading and investing ideas.

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Hidden Benefits Behind First Merchant Access & Business Loans

United States – September 15th, 2015 – From small businesses to large corporations, additional business funding is one of the most important and effective ways to expand or even maintain your business. Business loans provide quick and easy access to funds, has tax advantages, and allows businesses the flexibility they need to respond to growth and change. First Merchant Access offers a variety of lending solutions, but two of their most effective products are Business Loans and Merchant Cash Advances. Both financial products offer business owners the ability fast access to funding they need for their business.

First Merchant Accessis an experienced business lender that takes a refreshing spin on traditional funding methods. They pride themselves on making it simple for businesses to gain access to the funds they require by offering a variety of alternative funding options. This includes traditional business loans, equipment leasing, purchase order financing, progress payments, and most recently, merchant cash advances. As one of the leading lenders nationwide, First Merchant Access gives their clients superior service and dedication which results in approvals and additional capital.

We want business owners to have access to funding when they need it, said a First Merchant Access representative. These funds can be used to expand a business, clear debts, or purchase more equipment. When offering merchants cash advances, we do not require credit or collateral. We simply help businesses consolidate their debts and leave them only one payment rather than multiple ones.

The process atFirst Merchant Accessis extremely simple and their staff make it that much more pleasant. Start by submitting an application along with 4 to 6 months bank statements and you are on your way to getting the funds you need for your business. The buzz about the benefits of working with First Merchant Access is everywhere and only growing. Find out why they are climbing the ladder of leading lenders.

To find out more information behind the benefits of business loans, visit the First Merchant Access website directly atwww.firstmerchantaccess.com

Media Contact
Company Name: Engage Branding House
Contact Person: Media Relations
Email: prpublishing@engagebh.com
Phone: 1-855-861-1100
Country: United States
Website: http://www.firstmerchantaccess.com

SBA office to help with Sockeye Fire loans

WILLOW — Residents affected by the Sockeye fire have until Thursday to file applications for loans from the US Small Business Administration in person.

While the on-site loan center at Ambulance Station 12-3 will close Sept 10, potential applicants can still apply online until Oct. 26 for physical damage loans, or until May 26, 2016 for economic injury loans. Those affected by the disaster can obtain a regular mail application package by calling 1-800-659-2955.

The administration grants below-market-interest-rate loans to for-profit businesses, non-profit organizations like churches and charities, and homeowners and renters. The SBA is asking anyone and everyone who might be eligible to apply, because it’s better to have a loan and not need it than to need a loan and not have it, said SBA public information officer Cynthia Cowell.

“I like to tell everyone that had any kind of fire damage to be sure to apply, even if you don’t want a loan right now,” she said. “You don’t have to take it.”

However, the fall deadline means the loan can be available later if needed. Cowell gave a hypothetical example in which a cold snap on Halloween revealed damage sustained to a septic tank over the course of the fire. Homeowners and business have up to a year after the acceptance date to access the funds, Cowell said.

Business loans can cover up to $2 million in a combination of direct damages and economic impact loans. In the event that the business is a major employer, the SBA can waive the limit and loan more. The economic impact loans can be granted even if the business’s physical property survived the fire unscathed.

“That’s for a business that may or may not have any damage from the fires, but they’re losing their business,” she said. “People have cancelled reservations. They hear about fires, and this is the prime money-making time for most small businesses up there.”

Home loans max out at $200,000 to repair real estate and $40,000 to replace personal property, including furniture.

Any loan offered must meet the verified uninsured property loss as a result of the fire. Second homes, and personal pleasure boats, cars, and recreational vehicles aren’t eligible unless used for business purposes. Loans can’t cover the sentimental value of objects, and loans for landscaping and swimming pools are limited.

In order to qualify for the SBA’s loans, with interest rates as low as 1.6888 percent, and terms as long as 30 years, homeowners must have an acceptable credit history, have the ability to repay the loans, and collateral for loans over $14,000. They also have to demonstrate that they can’t get a comparable lone from, say, a local bank. Interest rates for businesses with other available credit are much higher, about 6 percent. The SBA is also willing to work with homeowners to establish collateral within the means of loan applicants, Cowell said.

The SBA can also help to refinance existing home mortgages at the disaster rates, Cowell said.

“If your home was more than 50 percent damaged, substantially damaged, and you have an existing mortgage, we may be able to help with that, too,” she said.

The loan center is located at 24927 West Willow Creek Parkway, and open 9 am to 6 pm Monday through Friday.

Contact Reporter Brian O’Connor at 352-2270, brian.oconnor@frontiersman.com, or on Twitter @reporterbriano.

Repco Home Finance Ltd. – vacancy for Branch Manager