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Company Details

First Trust Alternative Absolute Return Strategy ETF

FAAR - NASDAQ

Identifiants & Marche

Ticker FAAR
ISIN US33740Y1010
CIK 0001561785
Bourse NASDAQ
Devise USD

Classification

Industrie Asset Management

Entreprise

Pays US
Siege N/A
Fondee N/A
Site Web N/A

Description

The fund is an actively managed exchange-traded fund that seeks to achieve long-term total return through long and short investments in exchange-traded commodity futures contracts ("Commodity Futures") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). It does not invest directly in Commodity Futures. The advisor gains exposure to these investments exclusively by investing in the Subsidiary. The Subsidiary is advised by First Trust Advisors L.P., the fund's investment advisor.