In United States tax law, a section 475(f) fund is a hedge fund that elects to mark to market all its unrealized gains and losses, as allowed by the provisions of section 475(f) of the Internal Revenue Code. This can lead to a much faster recognition of gain, but also lessens the tax fees due to the high cost of performing the appropriate analysis for a non-475 fund.
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%.
In 2008 the municipality of Artà had a population of 7,113 recorded residents within an area of 139.63 square kilometres (53.91sqmi). This equates to 50.9inhabitants perkm2. In 2006 the percentage of foreigners was 13.2% (890), of which Germans made up 3.9% (262). In 1991 there were still 136illiterates in the municipality. 1,292inhabitants had no education, 1,675only a primary school certificate and 1,210had secondary school leaving certificates. The official languages are Catalan and Spanish (Castilian). The Catalan dialect spoken on the island is known as Mallorquí.
Artà lies in the northeast of the island of Majorca, around 60km from the island's capital of Palma. The Massís d’Artà, the highest and most compact massif in the eastern mountain chain of the Serres de Llevant, occupies more than half the area of the municipality. The municipality is located on the western part of peninsula of Artà and is bordered in the west by the Bay of Alcúdia (Badia d’Alcúdia), and in the north by the Mediterranean sea where its coast lies opposite the neighbouring island of Minorca. The coast of Artà stretches for 25kilometres and, so far, has escaped being developed. Particularly noteworthy are the beach and sand dune formations of sa Canova d’Artà, the flat coastal strip near the settlement of Colònia de Sant Pere, the high rocky coves of the Cap de Ferrutx and a large number of smaller bays that extend from s’Arenalet des Verger to Cala Torta.
The ART format (file extension ".art") holds a single still image that has been highly compressed. The format was designed to facilitate the quick downloading of images, among other things. Originally, the compression was developed by the Johnson-Grace Company, which was then acquired by AOL. When an image is converted to the ART format, the image is analyzed and the software decides what compression technique would be best. The ART format has similarities to the progressive JPEG format, and certain attributes of the ART format can lead to image quality being sacrificed for the sake of image compression (for instance, the image's color palette can be limited.)
Usage by AOL
The AOL service used the ART image format for most of the image presentation of the online service. In addition, the AOL client's web browser also automatically served such images in the ART format to achieve faster downloads on the slower dialup connections that were prevalent in those days. This conversion was done in the AOL proxy servers and could be optionally disabled by the user. This image conversion process effectively reduced the download time for image files. This technology was once branded as Turboweb and is now known as AOL TopSpeed.
A grant from the Artists' BenevolenceFund made a huge difference and got me back on my feet," said Donita Lloyd, who is donating an original oil painting to the auction. Cliff Wassmann, also donating an original oil painting, said, "While in recovery from knee surgery and unable to maintain my art show schedule the BenevolenceFund came through for me and helped me get past that difficult time."....
Suspicions about the almost sudden spread and funding of Americanart movements such as Abstract Expressionism led critic Max Kozloff to describe it in a 1973 essay as "a form of benevolent propaganda." But while much is known about CIAfunding for American art during the Cold War, their support for Arabart during the same period has rarely been discussed....