First Trust Launches the First Trust International Capital Strength ETF
17 Mayo 2018 - 6:00AM
FT Portfolios Canada Co. ("
First Trust Canada"), a
privately owned company is pleased to announce the launch of
the First Trust International Capital Strength ETF (TSX:FINT).
The First Trust International Capital Strength
ETF seeks to provide unitholders with long term capital
appreciation by investing primarily in equity securities of
developed market companies, excluding the US and Canada, that are
traded on global exchanges, with a focus on fundamental strength
and growth. Currently, the First Trust International Capital
Strength ETF seeks to achieve its investment objective by investing
in securities of developed market companies, excluding the U.S. and
Canada. Securities invested in by the First Trust International
Capital Strength ETF include common shares of public companies and
American Depository Receipts, Global Depository Receipts and
European Depository Receipts that are traded on global exchanges or
markets.
“We believe financial advisors are seeking
concentrated actively managed ETF portfolios that make greater use
of the inherent cost advantages of the ETF structure relative to
actively managed mutual funds,” said Karl Cheong, CFA, Head of
Distribution at First Trust Canada. “We believe this actively
managed ETF provides an efficient tool for financial advisors to
use when allocating to developed international equity markets,
aided by First Trust Advisors’ insight and expertise in security
selection and portfolio management,” said Cheong.
About First Trust
The First Trust companies are a well-respected
global enterprise with a history in the U.S. market since 1991 and
in Canada since 1996. As at April 30, 2018, First
Trust Advisors L.P., the portfolio advisor for the First Trust
International Capital Strength ETF, had approximately US$122.6
billion in total assets under supervision or
management. First Trust is the enterprise name used for the
various businesses conducted
in Europe, Mexico, Canada and the U.S.
Further information about First Trust Canada's
ETFs can be found at www.firsttrust.caCommissions, management
fees and expenses all may be associated with investments in
exchange traded funds. Please read the prospectus before investing.
Exchange traded funds are not guaranteed, their values change
frequently and past performance may not be repeated.
SOURCE FT Portfolios Canada Co.
For further information: Media Contact: Karl
Cheong FT Portfolios Canada Co., 40 King Street West, Suite 5102,
Email: karlcheong@firsttrust.ca, 1-877-622-5552
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