Fund Overview

  • Ticker:
    FTB
  • Fund Category:
    Global Fixed Income
  • Fund Manager:
    FT Portfolios Canada Co.
  • Portfolio Advisor:
    First Trust Advisors L.P.
  • CUSIP:
    33739D100
  • ISIN:
    CA33739D1006
  • SEDOL:
    BXQ95Z1
  • Currency:
    CAD
  • Fiscal Year-End:
    31-12
  • Exchange:
    Toronto Stock Exchange
  • Inception:
    2015-06-18
  • Inception Price:
    $20.01
  • Inception NAV:
    $20.01
  • Eligibility:
    RRSP, RRIF, RESP, TFSA, DPSP, RDSP

Fees and Expenses

  • Management Fee: 0.50% since inception
  • MER: 1.09% as at 31/12/17
Please refer to the prospectus for detailed explanation of the funds fees and expense.

Distribution Information (as at 2018-09-17)

  • Dividend Frequency:
    Monthly
  • Dividend Per Share Amount:2
    $0.05000
  • Distribution Rate:3
    3.15%

Investment Objective

The First Trust Tactical Bond Index ETF (the "First Trust ETF") seeks to replicate, to the extent possible, the performance of a total return fixed income index, net of expenses. Currently, the First Trust ETF seeks to replicate the performance of the NASDAQ IBIS Canadian Preservation Index CAD TRSM, net of expenses. The First Trust ETF will invest in and hold the Constituent Securities of the Index in the same proportion as they are reflected in the Index. The Index will consist of an equal weighted basket of TSX-listed ETFs that provide exposure to global fixed income securities which may include short-term and long-term Canadian government bonds, Canadian real return bonds, preferred shares, convertible, corporate, high yield, floating-rate, and developed and emerging market bonds.

Current Data (as at 2018-09-17) Currency: CAD

NAV1% Change$ Change
$19.05-0.11%-$0.02
Daily Volume52-Week High/LowAVG 30-Day Volume
4,465$19.72 / $19.044,991
Total Net AssetsOutstanding UnitsNumber of Holdings
$27,617,2841,450,0005

Top Holdings (as at 2018-09-17)4

Holding % of Net Assets
BMO High Yield US Corporate Bond Hedged to CAD ETF 20.32%
iShares Convertible Bond Index ETF 20.10%
iShares Canadian Corporate Bond Index ETF 19.92%
iShares Core Canadian Universe Bond Index ETF 19.89%
iShares Canadian Real Return Bond Index ETF 19.71%

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%

Commissions, trailing 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.