Opportunities Created By COVID; 2020’s Most Profitable ETFs

This article was originally published on ETFTrends.com.

By Viktor Argonov, Senior Analyst at International Investment Firm

Exchange-traded funds (ETFs) and similar instruments such as exchange-traded notes (ETNs) have typically been the best strategies for long-term investment. Even generic funds such as SPY (which tracks the S&P 500 index) earned investors an average annual return of 10-11% since mid-20th century. An even greater revenue (around 15%) can be earned from specialized funds such as RPG, whose basket only includes stocks from companies with high growth rates.

However, COVID-19 has changed this. The indices plummeted in February and March, and, even though they have mostly recovered by now, they have not earned their investors significant profits yet. On the other hand, the pandemic has also caused the stock prices of many companies to rise, as the demand for their products increased. This was true of some ETFs as well, as they

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Huawei exits Australia sponsorship deal over ‘negative business environment’

Embattled Chinese telco Huawei exited its main sponsorship deal with rugby league’s Canberra Raiders Monday, citing a “negative business environment” after Australia blocked the company from its 5G wireless networks.

The Raiders were the tech giant’s first large-scale sporting sponsorship worldwide and they have backed the club for almost a decade, with their logo and name on the front of the playing kit.

But Huawei said in a statement that the “continued negative business environment is having a larger than originally forecasted impact on our planned revenue stream”, in explaining its decision to terminate the deal a year early.

“It is so disappointing that it has ended this way but are very proud of the small role we have played in this great NRL (National Rugby League) club,” Huawei Australia’s corporate affairs chief Jeremy Mitchell said.

“Our near decade as major sponsor of the Raiders has been one of the

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Supplement Manufacturing

What Are Dietary supplements?

Dietary supplements are products that contain one or more dietary ingredients such as vitamins, minerals, herbs or other botanicals, amino acids or other ingredients used to enhance the diet. In the United States, dietary supplements are available in a wide range of product forms, such as tablets, capsules, powders and liquids.

More than 70 percent of the U.S. population use dietary supplements as a safe, effective and affordable way to maintain good health and fill the nutritional gap in their diet.

How FDA Regulates Dietary Supplements

Unlike pharmaceutical manufacturers, dietary supplement manufacturers have no formal quality control regulations or inspections. Built into DSHEA (Dietary Supplement Health and Education Act) are important provisions that promote the safety and efficacy of dietary supplements. Any company wanting to manufacture dietary supplements should know specifically that DSHEA:

Gives the U.S. Food and Drug Administration (FDA) the authority to protect the … Read More