Simplify ETF Launches Fund Targeting Global Currency Markets

Reported 3 days ago

The Simplify Currency Strategy ETF (FOXY), which began trading on February 4, focuses on actively managed strategies within global currency markets. It employs an emerging markets carry strategy and a G10 currency strategy, aiming to capitalize on yield differentials and momentum dynamics. With a 'dollar neutral' approach, FOXY is designed to benefit from currency volatility without betting on the US dollar's strength or weakness.

Source: YAHOO

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