This month’s ETF in the spotlight skirts the boundary of fixed income and alternatives and after flying under the radar for several years, a change of tactic has seen the First Trust FactorFX UCITS ETF (FTFX) book some eye-catching returns over the past year.
The actively-managed ETF has amassed just $2m assets under management (AUM) since launch in 2017 but this may come as little surprise with its steep total expense ratio (TER) of 0.75% and cumulative returns of 1.6% over its first five-and-a-half years...
This article first appeared in ETF Insider, ETF Stream's monthly ETF magazine for professional investors in Europe. To read the full article, click here.
