Key stats
About FIRST TRUST VEST FUND OF BUFFER ETFS (CANADA) ETF
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Inception date
May 24, 2023
Structure
Canadian Mutual Fund Trust (ON)
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.90%
Cash0.10%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BUFR top holdings are First Trust Vest U.S. Equity Buffer ETF February Trust Units -Hedged- and First Trust Vest U.S. Equity Buffer ETF May Trust Units -Hedged-, occupying 25.09% and 24.96% of the portfolio correspondingly.
BUFR assets under management is 11.50 M CAD. It's risen 0.53% over the last month.
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.
No, BUFR doesn't pay dividends to its holders.
BUFR shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on May 24, 2023, and its management style is Active.
BUFR expense ratio is 1.14% meaning you'd have to pay 1.14% of your investment to help manage the fund.
BUFR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFR invests in funds.
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.
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 trades at a premium (2.72%) meaning the ETF is trading at a higher price than the calculated NAV.