New ETFs On The Block: First Trust North American Energy Infrastructure Fund (EMLP)

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Illinois-based ETF issuer First Trust has launched its first actively managed ETF that looks to latch on the tax benefits of MLPs with the North American Energy Infrastructure Fund (EMLP). The new product propels Firsts Trust into the highly competitive, but popular MLP world where there are already 10 other products managing about $8 billion in assets. Investors looking for …