FIRST TRUST VEST FUND OF BUFFER ETFS (CANADA) ETFFIRST TRUST VEST FUND OF BUFFER ETFS (CANADA) ETFFIRST TRUST VEST FUND OF BUFFER ETFS (CANADA) ETF

FIRST TRUST VEST FUND OF BUFFER ETFS (CANADA) ETF

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Key stats


Assets under management (AUM)
‪11.50 M‬CAD
Fund flows (1Y)
‪−341.07 K‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
2.7%
Shares outstanding
‪450.00 K‬
Expense ratio
1.14%

About FIRST TRUST VEST FUND OF BUFFER ETFS (CANADA) ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Home page
Inception date
May 24, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
FT Portfolios Canada Co.
The fund is a basket of defined outcome buffer ETFs. The fund consists of twelve equity buffer funds which each has exposure to SPYs capped gains and 10% buffered losses. BUFR will invest equally in the Underlying ETFs, holding one Underlying ETF with options expiring within one month, a second Underlying ETF with options expiring within two months, a third Underlying ETF with options expiring within three months, up until a twelfth Underlying ETF with options expiring within twelve months. Unlike the monthly equity buffers that reset annually on a specific month, BUFR refreshes monthly starting February, wherein one of the Underlying ETFs resets its cap and refreshes its buffer. This creates a continuous hedge for BUFR regardless of each Underlying ETFs outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on BUFRs exposure to the underlying ETFs, remaining cap and buffer is provided daily on the Issuers website.

Broaden your horizons with more funds linked to BUFR via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
Top 10 holdings
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
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BUFR trades at 25.48 CAD today, its price has fallen −2.38% in the past 24 hours. Track more dynamics on BUFR price chart.
BUFR net asset value is 25.41 today — it's fallen 0.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BUFR assets under management is ‪11.50 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BUFR price has risen by 0.31% over the last month, and its yearly performance shows a 5.25% increase. See more dynamics on BUFR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.10% over the last month, have fallen by −0.10% over the last month, showed a 3.52% increase in three-month performance and has increased by 5.81% in a year.
BUFR fund flows account for ‪−341.07 K‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BUFR invests in funds. See more details in our Analysis section.
BUFR expense ratio is 1.14%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BUFR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BUFR technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BUFR shows the buy signal. See more of BUFR technicals for a more comprehensive analysis.
No, BUFR doesn't pay dividends to its holders.
BUFR trades at a premium (2.72%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BUFR shares are issued by AJM Ventures LLC
BUFR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 24, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.