Fund Overview

  • Ticker:
    ETP
  • Fund Category:
    Global Fixed Income Balanced
  • Fund Manager:
    FT Portfolios Canada Co.
  • Portfolio Advisor:
    First Trust Advisors L.P.
  • CUSIP:
    33739T105
  • ISIN:
    CA33739T1057
  • SEDOL:
    BP4JY61
  • Currency:
    CAD
  • Fiscal Year-End:
    31-12
  • Exchange:
    Toronto Stock Exchange
  • Inception:
    2014-07-22
  • Inception Price:
    $20.05
  • Inception NAV:
    $20.05
  • Eligibility:
    RRSP, RRIF, RESP, TFSA, DPSP, RDSP

Fees and Expenses

  • Management Fee: 0.41%
  • MER: 0.87% as at 2023-12-31
Maximum annual management fee of 0.60% bps. The First Trust ETF's management fee will bear the weighted management fee of the underlying funds.
Please refer to the prospectus for detailed explanation of the funds fees and expenses.

Distribution Information (as at 2024-07-19)

  • Dividend Frequency:
    Monthly
  • Dividend Per Share Amount:2
    $0.05000
  • Distribution Rate:3
    3.52%

Investment Objective

First Trust Global Risk Managed Income Index ETF (the "First Trust ETF") seeks to replicate, to the extent possible, the performance of the NASDAQ Global Risk Managed Income IndexSM (the "Index"). The investment strategy of the First Trust ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index or the securities intended to replicate the performance of the Index. The Portfolio Advisor may also use a sampling methodology in selecting investments for the First Trust ETF. As an alternative to or in conjunction with investing in and holding the constituent securities, the First Trust ETF may invest in or use certain other securities to obtain exposure to the performance of the Index.

Current Data (as at 2024-07-19) Currency: CAD

NAV1% Change$ Change
$17.05-0.06%-$0.01
Daily Volume52-Week High/LowAVG 30-Day Volume
1,300$17.10 / $15.17990
Total Net AssetsOutstanding UnitsNumber of Holdings
$15,356,664900,81118

Top 10 Holdings (as at 2024-07-19)4

Holding % of Net Assets
BMO High Yield US Corporate Bond Hedged to CAD ETF 18.98%
iShares S&P/TSX Canadian Preferred Share Index ETF 12.47%
BMO Emerging Markets Bond Hedged to CAD Index ETF 11.83%
iShares Convertible Bond Index ETF 9.69%
Vanguard Canadian Short-Term Bond Index ETF 6.81%
iShares Core S&P/TSX Composite High Dividend Index ETF 4.55%
iShares Canadian Corporate Bond Index ETF 4.35%
Vanguard FTSE Canadian High Dividend Yield Index ETF 4.09%
BMO Mid-Term US IG Corporate Bond Index ETF 4.07%
iShares Global Monthly Dividend Index ETF (CAD-Hedged) 3.67%

The top 10 investments make up 80.58% of the fund.

Risk Rating

This rating is based on how much the ETF’s returns have changed from year to year. It doesn’t tell you how volatile the ETF will be in the future. The rating can change over time. An ETF with a low risk rating can still lose money.

For more information about the risk rating and specific risks that can affect the ETF’s returns, see the Risk section of the ETF’s prospectus.

Footnotes

1 The NAV represents the fund's net assets (assets less liabilities) divided by the fund's outstanding shares.
2 Most recent distribution paid or declared to today's date. Subject to change in the future. There is no guarantee that the fund will declare dividends.
3 Distribution rate is calculated by dividing the most recent annualized distribution paid or declared by the Net Asset Value. Distribution rates may vary. The distributed amount may include return of capital (ROC) from time to time.
4 Percentage of net assets may not equal 100%

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2024 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Commissions, management fees and expenses all may be associated with Exchange-Traded Fund investments. Please carefully read the prospectus of the fund before investing. Exchange-Traded funds are not guaranteed, their values change frequently and past performance may not be repeated.