Now that you’ve got the basics down, you’ve got to start planning for your future. What does that look like to you? In this last installment of our Women’s Month series Georgina Read, owner of Money Fit discusses consistency in managing your finances and building your wealth. Sisters – do it for yourselves this Women’s 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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