The Global X FTSE Greece 20 ETF is the first ETF to directly target Greece, providing investors the opportunity to take views on the Greek economy and developments in the region and cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
GM has established a venture capital unit back in June last year with a fund of $100mn for investing in technologies related to auto. According to recent reports, this venture capital has invested a further $7.5mn in Sunlogics Inc., a solar energy company that will make an investment of $30mn for opening their factory and global headquarters in Rochester Hills.
