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FPEI

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1m

Analysis and statistics

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About

FPEI.US refers to the First Trust Institutional Preferred Securities ETF. This ETF seeks to replicate the total return of the ICE Exchange-Listed Preferred & Hybrid Securities Index, before fees and expenses. The index consists of U.S. dollar-denominated preferred securities and hybrid securities that are listed on U.S. exchanges. FPEI provides investors with exposure to a diversified portfolio of preferred and hybrid securities, offering potential income and diversification benefits within a fixed-income allocation.
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Factors

Fund Performance: The ETF price reflects the performance of its underlying Philippine stocks. Higher returns increase demand, raising the price.

Philippine Economy: Economic growth, political stability, and investor sentiment in the Philippines affect the value of Philippine stocks.

Currency Exchange Rates: The USD/PHP exchange rate impacts the ETF's price. A stronger PHP boosts returns for USD investors.

Global Market Conditions: Global economic trends and investor risk appetite influence demand for emerging market assets like Philippine stocks.

ETF Supply and Demand: Increased demand for FPEI.US drives up the price, while higher supply lowers it.

Management Fees and Expenses: The ETF's expense ratio can slightly impact its returns and therefore its price.

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