‘ First Trust ’

First Trust planning changes to US dividend ETF

Sep 15th, 2017 | By
Amundi to launch S&P 500 buyback ETF

First Trust Portfolios Canada is planning to change the name and underlying index of the First Trust AlphaDEX US Dividend ETF (CAD-Hedged) (TSX: FUD), a fund which gives investors exposure to US large-cap equities that pay higher-than-average dividends.



First Trust launches institutional preferred securities ETF

Aug 24th, 2017 | By
First Trust launches institutional preferred securities ETF

First Trust has unveiled the First Trust Institutional Preferred Securities and Income ETF (NYSE Arca: FPEI), an actively managed fund investing in preferred securities issued mainly to institutional-level investors.



First Trust gathers largest actively managed ETF/ETP flows during July

Aug 23rd, 2017 | By
First Trust gathers largest actively managed ETF/ETP flows during July

First Trust gathered the largest net inflows into actively managed ETFs/ETPs during July with $504 million net new assets created, representing over a quarter of the $1.9 billion net inflows gathered globally over this period. According to research from ETF industry consultant ETFGI, other firms attracting significant net inflows during the month included Lyxor with $271m and Source with $153m.



First Trust switches ETF to Dorsey Wright momentum strategy

Aug 18th, 2017 | By
First Trust switches ETF to Dorsey Wright momentum strategy

First Trust has announced changes to the First Trust CBOE S&P 500 VIX Tail Hedge Fund (VIXH), transitioning the ETF to a new strategy that will harness investment advisory firm Dorsey, Wright & Associates’ research into relative strength analysis to rotate among large-cap equities and Treasuries. To reflect the changes, the fund will be rebranded the First Trust Dorsey Wright People’s Portfolio ETF (Nasdaq: DWPP).



First Trust becomes largest provider of actively managed ETFs in US

Aug 16th, 2017 | By
Ryan Issakainen, senior vice president, exchange-traded fund strategist at First Trust Advisors.

First Trust has become the largest provider of US-listed actively managed ETFs, based on AUM and number of funds offered –
according to data from Morningstar, as of the end of July, First Trust had $9.9bn invested across 29 US-listed actively managed ETFs. Ryan Issakainen, ETF strategist at First Trust, said: “First Trust has been highly selective in developing a diversified line-up of actively managed ETFs, focusing on categories where we believe active management offers competitive advantages over passive benchmark indices.”



First Trust: US bull market still has long way to go

Aug 14th, 2017 | By
Brian Wesbury, chief economist at First Trust Advisors.

By Brian Wesbury, chief economist at First Trust Advisors.

For many years now a relatively large contingent of analysts, investors and journalists has been convinced the stock market was in a bubble because the “Shiller PE” ratio was just too high. Back in August 2013, in our Monday Morning Outlook, we made our case that the Shiller model was too pessimistic. Now that looks like a pretty good call.



First Trust launches equally weighted DJIA ETF

Aug 11th, 2017 | By
Ryan Issakainen, senior vice president, exchange-traded fund strategist at First Trust Advisors.

First Trust Advisors has launched the First Trust Dow 30 Equal Weight ETF (NYSE Arca: EDOW), providing equally weighted exposure to the 30 constituents of the Dow Jones Industrial Average (DJIA). Ryan Issakainen, senior vice president, ETF strategist at First Trust Advisors, commented: “We believe that the equally weighted version of this index is a noteworthy enhancement for ETF investors, in comparison to the traditional price-weighted version.”



First Trust Canada proposes merger of AlphaDEX Dividend and Capital Strength ETFs

Aug 10th, 2017 | By
First Trust Canada proposes merger of AlphaDEX Dividend and Capital Strength ETFs

First Trust Portfolios Canada has announced that its board of directors has approved a proposal to merge the First Trust AlphaDEX Canadian Dividend ETF (TSX: FDY) into the First Trust Canadian Capital Strength ETF (TSX: FST). A special meeting of unitholders of FDY will be held on 20 September 2017 to consider and vote upon the proposal.



First Trust launches first active FX ETF in Europe

Aug 1st, 2017 | By
Currency Trading

London-based ETF issuer First Trust Global Portfolios has launched the First Trust FactorFX UCITS ETF (LON: FTFX), Europe’s first actively managed exchange-traded fund investing in foreign exchange markets. The ETF will primarily seek to earn alpha through the implementation of multiple carry trades, a strategy which seeks to capitalise on the interest rate differential between various currencies.



ETFGI: Assets in active ETFs/ETPs up by 31% in H1 2017

Aug 1st, 2017 | By
ETF assets reach new record high in Asia Pacific (ex-Japan)

Assets invested in actively managed ETFs/ETPs have grown by 30.5% in the first half of 2017 to reach a new record of $57 billion, according to research by ETFGI. The number of active ETFs/ETPs listed globally also grew by 20% to 364 in the first half of 2017. However, active funds remain a small part of the overall ETF/ETP landscape accounting for only 5% of the total number of ETFs/ETPs listed globally and a mere 1.2% of global assets.