First Trust launches actively-managed FX ETF
TER of 0.75%
Active FX ETF
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...
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