Rich Financial To Launch Fund For Currencies And FX Futures
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Rich Financial Group (RFG) plans to launch a new currency fund this quarter. Dubbed FXPro, the new fund will piggyback on the successful FXPro strategies that have been used by other individual and institutional clients of RFG.
RFG will introduce FXPro as soon as it receives final regulatory approval from the Commodities Futures Trading Commission (CFTC). That clearance, according to RFG officials, is expected by early February.
FXPro will be a closed-end currency fund. RFG says it plans to reopen
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