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FLIY (Franklin FTSE Italy ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The ETF industry made a strong showing during the past week, with 16 new funds making their debuts and several funds closing. Gotham, Qraft, the Bahnsen Group, Simplify, First Trust, Global X, Avantis and Janus Henderson all rolled out new ETFs.
The past week saw a spike in ETF launches, with 19 new funds debuting.
With softening in inflation, there's a compelling investment case for Europe ETFs.
Europe investing has outperformed the United States in the initial phase of 2023. Cheaper valuation, upbeat corporate earnings, a more resilient economy and still-lower interest rates in Europe than United States have led to the rally.
The bank crisis may be in a lull, but just as the bank contagion seems to have quieted, the Fed returned yesterday with yet another 25 basis point rate hike.
Europe investing has outperformed the United States in the initial phase of 2023. While the Credit Suisse crisis has weighed on the Europe investing in recent times, there are some factors that could led investors to buy the dip in Europe ETFs.
The elections in Italy have shown that the far right has actually done very well. Markets have reacted with some spread widening.
Italy appears to be reopening (somewhat) in advance of Europe's peak summer tourist season. The Associated Press is reporting that Italy has eased up on some COVID-19 restrictions on Sunday, suggesting that life may be returning to some form of normalcy in the country.