The most notable new ETFs launched last week are L&G Multi Strategy Enhanced Commodities UCITS ETF (ENCO), ZEGA Buy & Hedge ETF (ZHDG), and ETFMG 2X Daily Alternative Harvest ETF (MJXL). ENCO ETF is a passively managed ETF that can help European investors to diversify their portfolios and gain protection against inflation through commodities. ZHDG ETF offers North American investors protection against possible market downruns without removing the exposure to the equity market. On thematic ETFs, the MJXL ETF is a leveraged opportunity to get access to the global cannabis ecosystem and benefitting directly from widespread medicinal and recreational legalization initiatives.
To know more about these recently launched ETFs and review all their details, continue here.
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