First Trust Alternative Absolute Return Strategy ETFFirst Trust Alternative Absolute Return Strategy ETFFirst Trust Alternative Absolute Return Strategy ETF

First Trust Alternative Absolute Return Strategy ETF

No trades
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Key stats

Assets under management (AUM)
‪130.08 M‬USD
Fund flows (1Y)
‪−59.98 M‬USD
Dividend yield (indicated)
3.19%
Discount/Premium to NAV
−0.2%

About First Trust Alternative Absolute Return Strategy ETF

Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.95%
Inception date
May 18, 2016
Index tracked
No Underlying Index
Management style
Active
FAAR's active manager (First Trust Advisors) has broad leeway to execute the fund's long/short commodities strategy: the fund may go long or short any exchange-traded commodity futures contract, and take a net-long, net-short, or neutral stance. The fund may also hold cash and equivalents (including US Treasurys with up to five years to maturity), both as collateral for its futures investments and as a safe haven. FAAR doesn't own futures directly, but rather through its holdings in a Cayman Islands subsidiaryan arrangement that allows it to be structured as an open-ended fund under the 1940 Act, and avoid a K-1 at tax time.

Classification

Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Multi-strategy
Niche
Absolute return
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Bonds, Cash & Other100.00%
Government68.97%
Corporate21.86%
Mutual fund4.59%
Agency4.59%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy