CashNews.co (Bloomberg) — Apollo Global Management Inc. is working on its first exchange-traded fund, linking up with State Street Corp. on an offering that will include private credit investments. Most Read from Bloomberg State Street registered the SPDR SSGA Apollo IG Public & Private Credit ETF, according to a regulatory filing on Tuesday. A portion […]
CashNews.co Nvidia (NASDAQ:NVDA) shares have endured a fresh battering as worries over the US economy have resurfaced. At $107.20 per share, they’ve dropped roughly 8% over the past seven days. Could this represent an attractive dip buying opportunity? I’m not so sure, to be honest. The chipmaker clearly has lots of growth potential as the […]
CashNews.co One popular investing strategy is “buying the market.” The way to do that is to invest in the gamut of stocks on the market, since it’s very hard to beat the market. Instead of trying, it makes sense to invest in an index fund that mirrors the makeup of a broad market index like […]
CashNews.co Axis Mutual Fund has announced the launch of its latest investment product, the Axis Nifty500 Value 50 ETF, on September 9. This open-ended exchange-traded fund (ETF) aims to replicate or track the performance of the Nifty500 Value 50 TRI, providing investors with a value-based investment strategy in a basket of 50 companies selected from […]
CashNews.co halbergman/E+ via Getty Images Investment Thesis The First Trust Consumer Discretionary AlphaDEX Fund ETF (NYSEARCA:FXD) is a well-established specialty fund selecting U.S. stocks of all sizes based on their growth and value features. Unfortunately, FXD has lagged behind most low-cost options since it debuted in May 2007, and my assessment of its current holdings […]
CashNews.co designer491 Strategy iShares Interest Rate Hedged High Yield Bond ETF (NYSEARCA:HYGH) started investing operations on 5/27/2014 and tracks the BlackRock Interest Rate Hedged High Yield Bond Index. It has a 12-month trailing yield of 9.63% and a 30-day SEC yield of 5.99%. Distributions are paid monthly. HYGH is mostly invested in the high-yield bond […]