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Hyperlocal grocery ordering app has raised an undisclosed amount of funding from Souq.com, the region’s e-commerce major. As the sole investor participating in this round of funding, Souq takes “a significant minority stake” in InstaShop. Launched in June 2015 in UAE’s competitive on-demand e-grocery market, …
Over the past decade, American investors increasingly more have curved to mutual funds to save for retirement and other financial goals. Mutual funds can propose the compensation of distinction and professional management, however, as with other investment choices; it is risky to invest in mutual …
There has been rapid growth in the number of edge funds and their assets under management, suggesting they provide economic value to investors that is not available in other investment instruments. Their main aim is to reduce risk and volatility whilst attempting to preserve capital …
Today travel is not just done for leisure or work, it’s also done as a regular regime by the floating population of the country. People are always on the move, whether it’s heading home for a long weekend or covering multiple locations at work. To …
Whether money is be the root cause of evil or not, I don”t know. What I do know it that since the dawn of man, the concept of currency had been intimately intertwined with human society. It helps form the basis of governments, and most …
The Startup –Investor relationship has now moved to the small silver screen in India and promises to make our young and risk-taking innovators the ultimate entrepreneurial heroes and darlings of the small screen. What does it really entail? You may take an example of ‘Shark Tank’ series, …
Expense ratio
An expense ratio reflects how much a mutual fund or an ETF (exchange-traded fund) pays for portfolio management, administration, marketing, and distribution, among other expenses. You'll almost always see it expressed as a percentage of the fund's average net assets (instead of a flat dollar amount).
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