Almanak alUSD Lands on Pendle For Boosted Yield And Gains

The post Is Putnam Global Technology A (PGTAX) a strong mutual fund pick right now? appeared on BitcoinEthereumNews.com. On the lookout for a Sector – Tech fund? Starting with Putnam Global Technology A (PGTAX – Free Report) should not be a possibility at this time. PGTAX possesses a Zacks Mutual Fund Rank of 4 (Sell), which is based on various forecasting factors like size, cost, and past performance. Objective We note that PGTAX is a Sector – Tech option, and this area is loaded with many options. Found in a wide number of industries such as semiconductors, software, internet, and networking, tech companies are everywhere. Thus, Sector – Tech mutual funds that invest in technology let investors own a stake in a notoriously volatile sector, but with a much more diversified approach. History of fund/manager Putnam Funds is based in Canton, MA, and is the manager of PGTAX. The Putnam Global Technology A made its debut in January of 2009 and PGTAX has managed to accumulate roughly $650.01 million in assets, as of the most recently available information. The fund is currently managed by Di Yao who has been in charge of the fund since December of 2012. Performance Obviously, what investors are looking for in these funds is strong performance relative to their peers. PGTAX has a 5-year annualized total return of 14.46%, and is in the middle third among its category peers. But if you are looking for a shorter time frame, it is also worth looking at its 3-year annualized total return of 27.02%, which places it in the middle third during this time-frame. It is important to note that the product’s returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund’s [%] sale charge. If sales charges were included, total returns would have been lower. When looking at a fund’s performance, it…

Payments giant PayPal is broadening the reach of its stablecoin, PayPal USD (PYUSD), by integrating it across eight additional blockchains, primarily through LayerZero’s Stargate Hydra bridge. This move aims to create a permissionless and fully fungible version of PYUSD, dubbed PYUSD0, which will facilitate seamless interoperability across multiple blockchain networks. The supported chains include Tron, [...]

The post Crypto Strategy Shake-Up in the Asia-Pacific Region appeared on BitcoinEthereumNews.com. Across the Asia-Pacific markets, stock exchanges are tightening their controls on corporate cryptocurrency holdings. With a growing number of organizations incorporating digital currencies like Bitcoin into their treasury management practices, regions such as India, Hong Kong, and Australia are putting regulatory measures in place to manage this trend. Continue Reading:Crypto Strategy Shake-Up in the Asia-Pacific Region Source: https://en.bitcoinhaber.net/crypto-strategy-shake-up-in-the-asia-pacific-region