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First Trust Launches First Trust RBA Deglobalization ETF

1. First Trust launched the RBA Deglobalization ETF (Nasdaq: DGLO). 2. The fund aims to track the RBA U.S. Deglobalization Index.

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Why Bullish?

The launch of DGLO highlights a trend towards deglobalization, potentially increasing demand. Historical context shows that ETFs aligned with emerging trends often see positive price movements shortly after launch.

How important is it?

The establishment of a new fund like DGLO signifies investor interest in deglobalization, which may drive future acquisitions and market attention.

Why Short Term?

The immediate interest in the fund and its potential performance will likely influence DGLO in the near term, much like past ETFs that addressed new investment themes.

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WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust RBA Deglobalization ETF (Nasdaq: DGLO) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the RBA U.S. Deglobalization Index (the “index”). The global economy is undergoing a significant transformation as c.

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