First Trust Global Portfolios (FTGP) has launched an active foreign exchange ETF, the First Trust FactorFX UCITS ETF, which will be available on the LSE on 1 August.
The ETF will track a basket of between 20 to 30 currency pairs in developing and emerging markets through forward FX contracts, futures, money market instruments and short-dated sovereign debt. To hedge...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash