First Trust Alternative Absolute Return Strategy ETF (FAAR)
|Ex-Dividend Date||Jun 24, 2022|
|Day's Range||32.14 - 32.41|
|Inception Date||May 18, 2016|
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.
Top 10 Holdings91.01% of assets
|Ft Cayman Subsidiary Iii||n/a||19.90%|
|Morgan Stanley Instl Lqudty Trs Instl||n/a||10.58%|
|United States Treasury Bills||B 0 08.25.22||10.58%|
|United States Treasury Bills||B 0 08.30.22||7.93%|
|United States Treasury Bills||n/a||7.93%|
|United States Treasury Bills||B 0 09.15.22||7.92%|
|United States Treasury Bills||B 0 08.23.22||5.29%|
|United States Treasury Bills||B 0 09.20.22||5.28%|
|United States Treasury Bills||B 0 09.22.22||5.28%|
|Jun 24, 2022||$0.0028||Jun 30, 2022|
|Dec 23, 2021||$1.8614||Dec 31, 2021|
|Jun 24, 2021||$0.0054||Jun 30, 2021|
|Jun 23, 2021||$0.0054||Jun 30, 2021|
After a worst start to a year since 1939, the global market selloff will continue, according to Bank of America Corp. and Morgan Stanley, as quoted on Bloomberg.
Last week was downbeat for Wall Street with the S&P 500 losing about 2.9%.