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FEDF

LSE
120.91000 USD
0.04
0.03%
Last update Jun 13, 3:47 PM BST
Market closed
Day range
120.89000
121.010002
Previous close
120.95000
Open
120.94000
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AmFederated Funds U.S. Dollar Cash-ETF A
120.91
0.04
0.03%

Overview

Description

AmFederated Funds U.S. Dollar Cash-ETF A is an exchange-traded fund designed to offer investors cash returns linked to the performance of U.S. dollar-denominated money market instruments. Primarily, this ETF provides a convenient and low-risk avenue for investors seeking liquidity and stability in their portfolios. The fund invests in high-quality, short-term assets such as Treasury bills, certificates of deposit, and commercial paper, emphasizing capital preservation. This ETF stands out in its role of providing a liquid and transparent cash management solution, making it ideal for investors looking to park their funds for short durations without sacrificing safety. Being tied to U.S. dollars, it is influenced by currency stability and interest rate fluctuations, making it a useful tool for managing currency exposure while maintaining a cash reserve. In the broader financial market, AmFederated Funds U.S. Dollar Cash-ETF A plays a vital role by offering investors a yield on cash holdings that might otherwise earn negligible interest in traditional bank accounts, contributing to efficient cash management and optimizing portfolio performance.

About

Address
Phone
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Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 17 hours 58 minutes

13:16
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).