New VanEck floating rate ETF to be launched on ASX

03 July 2017

 

The ASX will soon have another income-focused ETF available for investors to trade when VanEck launches its Vectors Australian Floating Rate ETF.  The new ETF will be an Australian floating-rate note ETF which will trade under the ASX code "FLOT". The new ETF will be the first Australian ETF to offer investors exposure to a diversified portfolio of Australian floating-rate notes (FRNs). The fund will have a management cost of...

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