Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The First Trust Dorsey Wright Focus 5 (FV) exchange traded fund (ETF) recently crossed $1 billion in assets, achieving that milestone in less than a year since its launch. Only a small number of ETFs have pulled off that feat, according to Ben Johnson, director of passive funds research at Morningstar. None did so at a more blistering pace than SPDR Gold Trust (GLD). Launched in November 2004, it racked up $1 billion in assets after just three
The First Trust Dorsey Wright Focus 5 (FV) exchange traded fund (ETF) recently crossed $1 billion in assets, achieving that milestone in less than a year since its launch. Only a small number of ETFs have pulled off that feat, according to Ben Johnson, director of passive funds research at Morningstar. None did so at a more blistering pace than SPDR Gold Trust (GLD). Launched in November 2004, it racked up $1 billion in assets after just three
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