Investment funds

Modiv Announces Innovative Partnership with Forge Trust

Retrieved on: 
Thursday, March 18, 2021
Finance, Money, Economy, Investment funds, Self-directed IRA, Investor

Newport Beach, Calif., March 18, 2021 (GLOBE NEWSWIRE) -- Keeping with its investor-first focus, Modiv Inc. today announced it has entered into an innovative partnership with Forge Trust Co. to provide Modiv and its investors with administrative and custody services for self-directed IRA investments.

Key Points: 
  • Newport Beach, Calif., March 18, 2021 (GLOBE NEWSWIRE) -- Keeping with its investor-first focus, Modiv Inc. today announced it has entered into an innovative partnership with Forge Trust Co. to provide Modiv and its investors with administrative and custody services for self-directed IRA investments.
  • With this strategic partnership, Modiv will cover the cost of custodial fees for its investors with IRA accounts of $1,000 or more who use the Forge Trust custody platform.
  • We are continually looking for new and innovative ways to put the needs of our investors first, and this partnership with Forge Trust meets that objective, stated Aaron Halfacre, CEO of Modiv.
  • Modiv investors using other IRA custodians have the option to open a no-fee account with Forge Trust and transfer their existing holdings.

The International Forum of Sovereign Wealth Funds and IE University Team Up to Host “Carbon & Sustainability Reporting, Tomorrow Is Now”

Retrieved on: 
Wednesday, March 17, 2021
Finance, Environment, Professional services, Technology, Software, Finance, Money, Economy, Investment funds, Sovereign wealth funds, Foreign direct investment, International finance, Public finance, Institutional Investor, Investor, Fund, International Forum of Sovereign Wealth Funds

The event follows last months release of the first comprehensive survey of sovereign wealth funds attitudes to climate change, conducted by IFSWF and the One Planet Sovereign Wealth Funds (OPSWF), as well as IE Universitys annual Sovereign Wealth Funds Report publication, in partnership with ICEX-Invest in Spain.

Key Points: 
  • The event follows last months release of the first comprehensive survey of sovereign wealth funds attitudes to climate change, conducted by IFSWF and the One Planet Sovereign Wealth Funds (OPSWF), as well as IE Universitys annual Sovereign Wealth Funds Report publication, in partnership with ICEX-Invest in Spain.
  • The IFSWF also seeks to promote a deeper understanding of sovereign wealth fund activity amongst government and financial services institutions.
  • The Sovereign Wealth Research is a research program focused on sovereign wealth.
  • Built for reporting companies, institutional investors, and the public sector, Persefoni is a complete carbon footprint management system.

Griffin Institutional Access® Real Estate Fund Announces Continued Investment in the Life Sciences Sector

Retrieved on: 
Tuesday, March 16, 2021
Professional services, Finance, Finance, Money, Economy, Investment funds, Investors, Investment, Private equity real estate

Griffin Capital Company, LLC announced today that Griffin Institutional Access Real Estate Fund (the Fund) has made an additional investment into the life sciences sector in the form of a follow-on investment into one of the Funds existing life sciences private fund holdings.

Key Points: 
  • Griffin Capital Company, LLC announced today that Griffin Institutional Access Real Estate Fund (the Fund) has made an additional investment into the life sciences sector in the form of a follow-on investment into one of the Funds existing life sciences private fund holdings.
  • During 2020, Griffin Institutional Access Real Estate Fund saw capital inflows which exceeded all interval fund peers1.
  • Investors should carefully consider the investment objectives, risks, charges and expense of Griffin Institutional Access Real Estate Fund (the Fund).
  • An investment in Griffin Institutional Access Real Estate Fund is not a direct investment in real estate and the fund does not own the properties discussed herein.

Global Technology Impact Fund, Corp. Launches Seeking Investors for their Qualified Opportunity Zone Fund

Retrieved on: 
Tuesday, March 16, 2021
Economy, Money, Finance, Investment funds, Taxation in Canada, Capital gains tax, Taxation in China, Taxation in Poland, Taxation in the Czech Republic, Opportunity zone, Investor, Investment

FRESH MEADOWS, N.Y., March 16, 2021 /PRNewswire-PRWeb/ -- Global Technology Impact Fund , Corp. launches seeking investors for their Qualified Opportunity Zone Fund.

Key Points: 
  • FRESH MEADOWS, N.Y., March 16, 2021 /PRNewswire-PRWeb/ -- Global Technology Impact Fund , Corp. launches seeking investors for their Qualified Opportunity Zone Fund.
  • In exchange for following the rules of investing in Qualified Opportunity Zones through Qualified Opportunity Funds, investors can receive substantial capital gains tax incentives immediately and over the long term.
  • Gains must be invested in a Qualified Opportunity Fund within 180 days to qualify for any tax treatment available under Opportunity Funds.
  • Those who hold their Opportunity Fund investment for at least 10 years can expect to pay no capital gains taxes on any appreciation in their Opportunity Fund investment.

Voya Equity Closed End Funds Declare Distributions

Retrieved on: 
Monday, March 15, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Investment funds, Investment, Equity securities, Financial ratios, Financial markets, Dividend, Income fund, Stock fund, Rate of return

Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE)

Key Points: 
  • Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE)
    Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD)
    Voya Natural Resources Equity Income Fund (NYSE: IRR)
    As a reminder, as was announced on January 14th, 2021, the Board of Trustees of Voya International High Dividend Equity Income Fund (the Fund) (NYSE: IID) has approved a Plan of Liquidation and Termination for the Fund.
  • Each Fund's distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.
  • The tax character of each Fund's option strategy is largely determined by movements in, and gain and loss realizations in the underlying equity portfolio.
  • Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

Ninepoint Partners LP Announces Voting Results for Proposed Fund Merger of Ninepoint Concentrated Canadian Equity Fund

Retrieved on: 
Monday, March 15, 2021
Investment funds

Ninepoint Concentrated Canadian Equity Fund, other than Series F

Key Points: 
  • Ninepoint Concentrated Canadian Equity Fund, other than Series F
    Ninepoint Concentrated Canadian Equity Fund, Series F
    Ninepoint Partners has received the required approval from the securities regulator in respect of the merger of the Terminating Fund into Ninepoint Convertible Securities Fund.
  • Having also received the required approval of unitholders of the Terminating Fund, including Series F unitholders who voted separately as a series, the merger is expected to be effective on or about March 19, 2021.
  • Based in Toronto, Ninepoint Partners is one of Canadas leading alternative investment management firms overseeing approximately $8 billion in assets under management and institutional contracts.
  • For more information on Ninepoint Partners, please visit www.ninepoint.com or please contact us at (416) 943-6707 or (866) 299-9906 or [email protected].

SEI's Collective Investment Trust Business Experiences Significant Growth

Retrieved on: 
Monday, March 15, 2021
Finance, Money, Economy, Equity, Investment funds, Offshore finance, Common law, Inheritance, Trust law, Investment trust, Trust company, Collective trust fund

As of Dec. 31, 2020, through SEI Trust Company, SEI services over 450 collective investment funds and 120 collective investment trusts, and works closely with over 135 global asset managers.

Key Points: 
  • As of Dec. 31, 2020, through SEI Trust Company, SEI services over 450 collective investment funds and 120 collective investment trusts, and works closely with over 135 global asset managers.
  • The Fund is part of a Collective Investment Trust ("the Trust") operated by the Trustee.
  • The Trust is for the collective investment of assets or participating tax qualified pension and profit sharing plans and related trusts, and government plans as more fully described in the Declaration of Trust.
  • As bank collective trusts, the Trust is exempt from registration as an investment company.

Liberty All-Star® Growth Fund, Inc. February 2021 Monthly Update

Retrieved on: 
Thursday, March 11, 2021
Finance, Money, Economy, Investment funds, Investment management, Investment, Rate of return, Dividend, Net asset value, Fund administration

If the market price is above the NAV the Fund is trading at a premium.

Key Points: 
  • If the market price is above the NAV the Fund is trading at a premium.
  • If the market price is below the NAV the Fund is trading at a discount.
  • Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses.
  • The final determination of the source of all distributions in 2021 for tax reporting purposes will be made after year end.

Canadian Startup joni Launches Crowdfunding Campaign

Retrieved on: 
Thursday, March 11, 2021
Finance, Money, Economy, Investment funds, Investors

Teaming up with FrontFundr means that for as little as $500, all retail investors can buy into joni and be part of a larger mission for period equity.

Key Points: 
  • Teaming up with FrontFundr means that for as little as $500, all retail investors can buy into joni and be part of a larger mission for period equity.
  • joni was founded to make sustainable and innovative period care accessible and to open up conversations around menstruation, said co-founder Linda Biggs.
  • joni is honoured to be in partnership with The51 (the fund invests in women to generate essential social change) and backed by early investors.
  • And it means so much to us to make investing in joni and our mission more accessible to everyone, said Biggs.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Wednesday, March 10, 2021
Professional services, Finance, Finance, Money, Investment funds, Investment, Closed-end fund, Exchange-traded fund, Mutual fund, Investment trust, Unit investment trust, Exchange-traded product, Unit trust

FTA has collective assets under management or supervision of approximately $179 billion as of February 28, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $179 billion as of February 28, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Principal Risk Factors: A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • First Trust Municipal CEF Income Opportunity ETF (MCEF) and First Trust CEF Income Opportunity ETF (FCEF) invest in closed-end funds (CEFs).
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.