We are in unprecedented times right now, and its a safe bet that everyone has been affected by the coronavirus crisis in some way.
ETG FX have followed the government guidelines and all our team are working from home. We understand that we are very fortunate in being able to do so with almost zero interruption in the running of our business and services.
However not all industries are as fortunate. Some are not able to work from home and have to make the journey to their place of work, be it an office, construction site or hospital, and NHS staff put themselves at risk every time they go on duty.
As a thank you to our amazing NHS, we will be making a donation for every new client that joins our Trade Copier service.
After completing a recent probationary period for a new US based client, ETG FX yesterday took management of a new $165,000 fund.
We now have a framework agreement in place to take new funds from this client at pre-arranged dates throughout 2020.
As with all our managed funds, these new ones will be traded using our strict risk-management policy and targets.
This sees ETG again exceed our quarterly targets and continues the rapid growth and expansion of the company.
In February 2020 we completed the assignment of a new Forex fund totalling $335,000.
The fund, which is made up of 34 individual accounts, was on-boarded through our American branch and was won by ETG after successfully managing two other funds for the same investment company.
This new fund will be traded using the default risk ratio of 1:1, and will utilise our main trading strategy.
It also keeps us ahead of schedule to meet the growth targets for 2020.
ETG have formed a new partnership to offer it’s clients the opportunity to invest in residential property.
Bricks & Mortar
Everyone has head the saying, and there is a lot of truth in it. But investing in property is no easy task, and should not be taken lightly. There is a whole field of mines just waiting to expose the inexperienced investor, and the lessons can be very unforgiving. In recent years there has been a lot of news coverage of have-a-go landlords who have fallen foul or regulations, over-occupied small houses, or rented property without the proper permits and insurances. That’s why its essential for any budding investor to do their due diligence before committing to buy.
ETG’s new partnership brings together over 50 years combined experience, and with it, a team of experts in all areas of property investment.
The joint venture has seen ETG acquire an already established portfolio made up of apartments and houses, some already set up with HMO licenses.
This investment vehicle is a long term plan with a minimum commitment period and is perfect for a retirement fund or pension. It is an excellent opportunity for an individual who aspires to be a property investor, but is unable to manage it on their own. Here are just 3 reasons why many people can not invest in property on their own;
- Unable to obtain a mortgage
- Poor credit rating
- Lack of knowledge
By investing in our property syndicate, investors are able to buy shares in the company which purchases property for cash. In doing so we;
- Are able to move quickly when a suitable property becomes available
- Appear more attractive to vendors who would rather a quick cash sale
- Achieve a much higher yield when renting the property, meaning a higher return on the investment
- Can stockpile the rental income to use towards future purchases