Just over a year ago less than less than 20% of EasyEquities investors were women. We are so chuffed to see that those numbers have risen substantially and that more of you are taking that important first or next step in your investing journey. Good on you girls! Georgina Read, owner of Money Fit, is one sassy chick who is as passionate about empowering women in finance as we are. This Women’s Month she’s going to be sharing some tips, challenges and words of encouragement to help you grow your know-how, confidence and skill when it comes to investing. Sisters – do it for yourselves this month! And don’t forget to share your comments and thoughts with us.
In respect of FSRs, EasyEquities acts as principal to a contract for difference issued to the investor, where the investor will have a contractual claim against EasyEquities to the economic benefits and risks associated with share ownership (price movements and dividends) without having ownership rights in the underlying share. Fractional share rights (FSRs) which are issued through a contract for difference, are an over the counter derivative. Unlike whole shares, FSRs do not carry any voting rights. As the investor makes further investments in FSRs and ultimately ends up with a whole share, the contract for difference is closed out and ownership whole share is delivered to the investor.
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