The First Trust Global Tactical Commodity Strategy Fund (FTGC) has delivered strong performance in 2026, with its net asset value (NAV) increasing by 26.99% through July and 38.09% over the past year. The fund offers diversified exposure to commodities, with agriculture and energy each making up about 31% of its futures notional exposure. FTGC has outperformed the Bloomberg Commodity Index over the past one and three years while maintaining slightly lower volatility. Despite a mixed commodity market with softer energy and metals prices offset by stronger agriculture, the fund remains well-constructed. However, its 0.98% expense ratio and current price near the 52-week high make it less attractive to buy now, leading to a Hold rating from the analyst.
The final significant IPO of August was priced this week, accompanied by a direct listing and two SPAC offerings. Defense technology company Lyntris priced its downsized IPO below the expected range. The IPO market is expected to remain quiet next we...
Canada halted trade negotiations with the US, citing unfair last-minute changes to the proposed terms. This decision came as the US prepared to impose 50% tariffs on $28 billion of Canadian goods. Canada responded by matching these tariffs and plans ...
European stocks, represented by the STOXX 600 index, have experienced a seven-day losing streak following a modest seven-day winning streak. This recent decline aligns with similar downward trends in US equities, indicating a broader market pullback....
Intel recently sold $20 billion worth of its stock at $95 per share. Since the sale, the stock price has dropped and is now trading below $93. This decline means investors who bought at the offering price are facing immediate losses. The price moveme...
Masayoshi Son holds 67% of SoftBank's U.S. stock portfolio in Intel shares. Despite this large stake, SoftBank did not purchase any additional Intel shares in the last quarter. This suggests a pause or cautious approach in expanding their investment ...
