Reported 26 days ago
The single-stock ETF market is expanding globally, with Precidian Funds planning to launch 18 new ETFs focused on American depositary receipts for foreign companies like Toyota and AstraZeneca. These products aim to mitigate currency risks through swaps and target both institutional and individual investors. This move follows a growing interest in single-stock ETFs in the U.S., which have seen significant investment since their introduction, despite the dominant flows towards U.S. market funds.
Source: YAHOO