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IPOX Breaking News: IPOX International sails to record as Ferrari, Alibaba race ahead / ETF in focus: FPXI !

IPOX is pleased to note a fresh all-time high in its IPOX International Index (IPXI) which focuses on providing semi-passive exposure to the performance of the largest and most liquid non-U.S. domiciled IPOs and Spin-offs using the IPOX Indexes Technology.

Driven by big relative strength in Chinese e-commerce behemoth Alibaba (BABA) or Italian luxury car maker Ferrari (RACE), the index portfolio extended its weekly gain to +2.15% to +24.75% YTD, a new all-time high.

The IPOX International (IPXI) serves as the underlying for the NASDAQ-traded First Trust International IPO ETF (ticker: FPXI). The fund has gained +25.96% YTD, significantly ahead of the international market.

The IPOX Team

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