2024-06-20 13:23:15 ET
Summary
- Renaissance IPO ETF provides exposure to new US IPOs without the hassle of being a first buyer.
- The portfolio includes companies like Kenvue, Nu Holdings, Coinbase, Arm Holdings, and AppLovin.
- Sector composition primarily in Tech and Financials, compared to First Trust US Equity Opportunities ETF with similar performance.
Initial Public Offerings (IPOs) can be challenging to get exposure to as an individual retail investor. But there are funds out there one can access that gets exposure to new companies. If you’re bullish on more companies coming to market that you want access to without having to deal with the rat race of being the first buyer, you may want to consider the Renaissance IPO ETF ( IPO ). This fund provides unique exposure to a portfolio of the largest and most liquid US newly issued IPOs....
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For further details see:
IPO ETF: Hard To Know Where It Fits