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Understanding ETFs Uses, Returns and Comparison with Mutual Funds and Stocks

 Exchange-Traded Funds (ETFs) have gained popularity among investors for their unique features and benefits. In this blog, we'll explore the uses of ETFs, their potential returns, how they differ from mutual funds and stock investments, and their safety profile. What is an ETF? An ETF is a type of investment fund that trades on stock exchanges, much like individual stocks. It holds a collection of assets, such as stocks, bonds, or commodities, and aims to track the performance of a specific index, sector, or asset class. Uses of ETFs Diversification : ETFs allow investors to gain exposure to a wide range of assets without having to purchase each individually. For instance, an ETF tracking the S&P 500 gives you exposure to 500 different stocks, reducing the risk associated with individual stock investments. Cost Efficiency : ETFs often have lower expense ratios compared to mutual funds. They typically pass on lower management costs to investors since they are often passively man

RECRUITMENT OF SPECIALIST OFFICERS IN JMGS-I & MMGS-II– Canara Bank

Canara Bank, a leading Public Sector Bank with Head Office in Bangalore and pan India presence with over 5700 branches, invites ON-LINE APPLICATIONS, from the eligible candidates for; “Recruitment of Specialist Officers in Junior Management Grade Scale-I [No. of Posts-36] & Middle Management Grade Scale-II [No. of Posts-38]”

Important Dates – Payment of Application Fees/Intimation Charges and Opening Date and closing date of online registration – 22 Dec 2015 to 12 Jan 2016.

DETAILS OF POSTS:
Post Code
Post
Scale
Age as on
01-11-2015
No of Posts
1
TFO – Electrical
JMG Scale I
21-30
14
2
TFO – Civil
JMG Scale I
21-30
10
3
TFO - Mechanical
JMG Scale I
21-30
06
4
Network Administrator
JMG Scale I
21-30
06
5
System Administrator
MMG Scale II
21-35
17
6
Database Administrator
MMG Scale II
21-35
19
7
Economist
MMG Scale II
21-35
02

SALARY & EMOLUMENTS:

JMGS-I Rs.23700 – 980/7 – 30560 – 1145/2– 32850 – 1310/7 – 42020 (As per Revised scales)
MMGS-II Rs. 31705 -1145/1 – 32850 – 1310/10 -45950 (As per Revised scales)

Dearness Allowance, HRA, CCA, Medical Aid, Reimbursement of Hospitalization expenses, Leave Fare Concession etc. and Perquisites like Conveyance, Quarters, Furniture etc., depending on the place of posting shall be available as per rules.

APPLICATION FEE & INTIMATION CHARGES (NON REFUNDABLE):
SC/ST/PWD Rs. 100/- [Intimation Charges only]
All Others Rs. 600/- [Including intimation charges]

For Details Notification visit Career section of Canara Bank Website or click on

IBPS Specialist Officers IT Officer Scale I (INCLUDING SOLVED PAPER 2015) (English)

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