FIRST TR VEST US EQUITY BUFFER ETF HEDGED UNITSFIRST TR VEST US EQUITY BUFFER ETF HEDGED UNITSFIRST TR VEST US EQUITY BUFFER ETF HEDGED UNITS

FIRST TR VEST US EQUITY BUFFER ETF HEDGED UNITS

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Key stats


Assets under management (AUM)
‪35.04 M‬CAD
Fund flows (1Y)
‪15.43 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
0.1%
Shares outstanding
‪800.00 K‬
Expense ratio
0.95%

About FIRST TR VEST US EQUITY BUFFER ETF HEDGED UNITS


Issuer
AJM Ventures LLC
Brand
First Trust
Home page
Inception date
Feb 3, 2020
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
S&P 500
Management style
Passive
Dividend treatment
Distributes
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 November. 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.

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

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.44%
Cash0.56%
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.
NOVB.F trades at 43.68 CAD today, its price has fallen −0.41% in the past 24 hours. Track more dynamics on NOVB.F price chart.
NOVB.F net asset value is 43.80 today — it's risen 0.24% 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.
NOVB.F assets under management is ‪35.04 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.
NOVB.F price has risen by 0.09% over the last month, and its yearly performance shows a 4.35% increase. See more dynamics on NOVB.F price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.24% over the last month, showed a 3.45% increase in three-month performance and has increased by 14.45% in a year.
NOVB.F fund flows account for ‪15.43 M‬ 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.
NOVB.F invests in cash. See more details in our Analysis section.
NOVB.F expense ratio is 0.95%. 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, NOVB.F 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, NOVB.F 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 NOVB.F shows the buy signal. See more of NOVB.F technicals for a more comprehensive analysis.
Yes, NOVB.F pays dividends to its holders with the dividend yield of 0.00%.
NOVB.F trades at a premium (0.13%).
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.
NOVB.F shares are issued by AJM Ventures LLC
NOVB.F follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 3, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.