ETF Spotlight: April 2013
Each month, we highlight an ETF flying under the radar for most investors that offers exposure to a unique asset class or investment strategy. This month, we take a closer look at a currency ETF from PIMCO, which provides broad exposure to an actively managed portfolio of foreign currencies and related derivatives
Currently, there are only 28 exchange-traded products that exclusively focus on currency exposure. Because this corner of the ETF universe is still just scratching the surface of its potential, PIMCO’s addition of their new Foreign Strategy ETF (FORX) is an encouraging sign for the space.
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