Key stats
About FIRST TR VEST US EQUITY BUFFER ETF HEDGED UNIT
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Inception date
Aug 28, 2019
Structure
Canadian Mutual Fund Trust (ON)
Primary advisor
FT Portfolios Canada Co.
The fund uses options in an effort to moderate losses on an ETF SPY, over a one-year period starting each August. Using SPY is a slightly different approach than using S&P 500 index flex options. The fund foregoes some upside return on SPY, in exchange for preventing realization of the first 10% its losses, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed.
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
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants97.17%
Cash2.83%
Top 10 holdings
Dividends
Dividend payout history