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FPE is an ETF in international preferred stocks, with a 6% yield. It has beaten its largest competitors since 2013. Click here to read more about the ETF.
FPE has lost 4.3% of its value in 10 years (excluding distributions), despite being also the best of the group at preserving capital. In the same time, cumulative inflation was about 33%.
It’s of a FPE-backed company that was itself the subject of a carve-out. Finishing with a sale, Axcel has closed a €266 million continuation fund for SuperOffice, a CRM platform for small and ...
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