According to the fund house, these funds are retail funds launched by PPFAS Gift which will directly invest all monies into S&P 500 and NASDAQ 100 accumulating ETFs and UCITS. Both funds use a passive strategy, giving investors direct exposure to the S&P 500 and NASDAQ 100 indices without requiring them to open foreign brokerage accounts.
Oil Price Today (April 7): Crude oil hovers above $110 as Trump’s Iran deadline keeps investors on edge. What’s next?
Oil prices surged as President Trump issued a stern warning to Iran regarding the Strait of Hormuz. Tehran rejected a ceasefire, insisting on a permanent