

First Trust Advisors has launched two new actively managed intermediate fixed income ETFs on the New York Stock Exchange. The First Trust Intermediate Duration Investment Grade Corporate ETF (NYSE Arca: FIIG) invests in in investment grade corporate debt.

Wall Street has been upbeat in the first half of 2023 despite a few occasional hiccups. However, the road ahead may not that smooth as the AI rally may lose some momentum and the Fed may enact two rate hikes.

Red-hot inflation reading has been hitting headlines. As a result, issuers are coming up with inflation-beating products every now and then.

First Trust Advisors has launched the First Trust Bloomberg Inflation Sensitive Equity ETF (NYSE Arca: FTIF), a new ETF that invests primarily in U.S. exchange-listed companies within sectors that are expected to benefit, either directly or indirectly, from rising prices.