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First Trust Global Tactical Commodity Strategy Fund (FTGC)

23.77
+0.05
+(0.21%)
At close: 4:00 PM EST

ETF Summary

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve attractive risk adjusted returns by investing in commodity futures contracts, exchange-traded commodity linked instruments, and commodity linked total return swaps (collectively, "Commodities Instruments") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). The advisor expects to gain exposure to these investments exclusively by investing in the Subsidiary.

ETF Overview

Category Commodities Broad Basket
Fund Family First Trust Advisors L.P.
Net Assets 2.19B
YTD Daily Total Return 8.15%
Yield 3.24%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FTGC Category Average
Annual Report Expense Ratio (net) 1.02% 1.03%
Holdings Turnover 0.00% 48.82%
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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