A 130–30 fund or a ratio up to 150/50 is a type of collective investment vehicle, often a type of specialty mutual fund, but which allows the fund manager simultaneously to hold both long and short positions on different equities in the fund. Traditionally, mutual funds were long-only investments. 130–30 funds are a fast-growing segment of the financial industry; they should be available both as traditional mutual funds, and as exchange-traded funds (ETFs). While this type of investment has existed for a while in the hedge fund industry, its availability for retail investors is relatively new.
A 130–30 fund is considered a long-short equity fund, meaning it goes both long and short at the same time. The "130" portion stands for 130% exposure to its long portfolio and the "30" portion stands for 30% exposure to its short portfolio. The structure usually ranges from 120–20 up to 150–50 with 130–30 being the most popular and is limited to 150/50 because of Reg T limiting the short side to 50%.
International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage
The International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1992, often referred to as FUND92 or FUND, is an international maritime treaty. The original FUND convention in 1969 was drawn up as an enhancement to CLC meant on one hand to relieve shipowners from unfair liabilities due to unforeseeable circumstances and on the other hand remove liability caps that some member states thought were too low. The fund is obliged to pay victims of pollution when damages exceed the shipowner's liability, when there is no liable shipowner, or when the shipowner is unable to pay its liability. The fund is also required to "indemnify the shipowner or his insurer" in spills where a ship is in full compliance with international conventions, and no wilful misconduct caused the spill.
Global is an album by Trinidadian Ragga Soca artist Bunji Garlin released in 2007 by VP Records. The album is Garlin's first that he aimed at international audiences, with previous releases aimed only at the West Indies, and he explained "In order for the genre to grow, we have to put out music that people throughout all of the islands can feel, not just for Trinidad". The album features guest appearances by Chris Black (on "Swing It") and Freddie McGregor (on "One Family").Allmusic's Rick Anderson called it "very nice overall", commenting that Garlin's vocals were "straight out of the dancehall -- more rapid-fire declamation than melodic calypso crooning".
Global (often written in all capitalized letters as GLOBAL) is a brand of cutlery products made by Yoshikin of Japan. Their selection of knives are known for their distinctive one piece, molybdenum/vanadiumstainless steel design. These are considered premium level products with a single knife often costing upwards of $100 (USD). Global products can often be found at specialty cooking retailers.
Compared to conventional European knives such as PUMA,J. A. Henckels or Wusthof, Global knives are made from a significantly harder alloy of steel, use a thinner blade thickness, and are ground to a narrower angle. This produces an extremely sharp knife which keeps its edge longer and allows for more accurate work, but takes longer to sharpen when it becomes dull. Because of this, the manufacturer recommends using whetstones and ceramic sharpening rods as opposed to the European sharpening steel. In addition, Global knives are renowned for their surprisingly light weight and even balance, a trait achieved by hollowing out the handle during production.
Global is a DVD and CD set of Paul van Dyk's worldwide DJ-ing tours. The CD is a music-only version of the DVD. DVD extras (not matched on the CD) include videos of Another Way, For An Angel, Forbidden Fruit, We Are Alive and Tell Me Why (The Riddle).