IPOX® International sets fresh all-time High Tuesday / ETF: FPXI
IPOX Schuster LLC, the firm behind the IPOX® Strategies, is pleased to note a fresh all-time High in its IPOX® International.
As of 2:00 pm ET, the broad-based portfolio added to +1.59% YTD, benefiting from fresh all-time Highs in its sub-portfolios, including the IPOX® China Core (CNI) and IPOX® 100 Europe (ETF: FPXE).
“After adding +71.50% during 2020, the IPOX® International continues to be driven by strong Momentum in a diversified mix of portfolio holdings resilient to COVID-19 inflicted global economic vows”, said J. Schuster, manager of the IPOX® Strategies.
Today’s strength was driven by Chines ecommerce platform Pinduoduo (PDD US: +10.74%), Chinese key consumer staple China Feihe (+4.98%) and Germany’s online food services group HelloFresh (HFG GY: +5.88%).
The IPOX® International serves as the underlying for the USD million 715, 5-star First Trust International Equity Opportunities ETF (FPXI) (ETF factsheet: https://bit.ly/39lIhOM).
For further information, including mandates, licensing and research, please contact us using the co-ordinates below.
IPOX Schuster LLC
225 West Washington, Suite 1675
Chicago, IL 60606
1-312-339-4114 (24.7 support)