First Trust launches factor-based fixed income ETF

The First Trust Low Duration Global Government Bond UCITS ETF plans to offer medium- and long- term returns by investing in global sovereign fixed income securities, with a secondary focus on capital growth. Jupiter adds high-yield bond fund to fixed income offering It will be currency hedged and use a low duration active management strategy to target "consistent interest rate exposure", and will seek to deliver lower interest rate risk than "traditional benchmarks" such as the Bloomberg Barclays Global Treasury index. Derek Fulton, CEO at First Trust Global Portfolios explained th...