Lyxor Fed Funds US Dollar Cash ETF - FEDG - Share Chat

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1

Please add Lyxor Fed Funds US Dollar Cash ETF (FEDG). This is an ETF that tracks the performance of a deposit with the Federal Reserve. With the recent weakness in the pound, this would give us a way to ride out the ongoing crash while preserving our capital.

ISIN: LU1233598447
The GBP denominated listing on the LSE is under FEDG.

More info: https://www.lyxoretf.co.uk/en/instit/products/fixed-income-etf/lyxor-fed-funds-us-dollar-cash-ucits-etf-acc/lu1233598447/gbp

2

Remember to vote for your own request :blush:

1 Like
3

Done. Thanks! :slight_smile:

2 Likes
4

Voted!

5

@Viktor Any chance you could add this one soon?

6

How does one make any money with this? The price is fluctuating and there’s no dividends. Please help me understand

7

It’s an accumulating fund so interest is automatically reinvested in the fund. The price fluctuates because the fund trades in sterling (this is good since you save on FX charges) but the underlying assets are dollar denominated with no currency hedging.