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First Trust To Unveil Two ETFs
First Trust is set to launch two actively managed ETFs.
First Trustis set to launch two actively managed ETFs,Index Universereports. TheFirst Trust Inflation Managed Fundwill invest in inflation-related stocks of companies in the energy and materials sector. It will also hold ETFs and closed-end funds that hold commodities, such as precious metals, inflation-linked government bonds and floating-rate securities.
TheFirst Trust Senior Loan Fundwill invest nearly 20% of its net assets in fixed-rate bonds and 10% in non-U.S. securities that are traded over-the-counter or listed on an exchange. It may also invest in ETFs.
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