Investors who want to trade a balance of equities and fixed-income need look no further than First Trust.
The Wheaton, Illinois-based investment firm, along exchange operator NASDAQ OMX, have announced the launch of First Trust’s newest listed exchange-traded fund (ETF), First Trust Strategic Income ETF (Nasdaq:FDIV).
The fund began trading on Thursday, August 14.
FDIV seeks a high level of risk-adjusted income and diversification through the use of multiple asset classes, targeted investment strategies and specialized management teams. By blending multiple investment strategies, which includes both fixed-income investments and income-producing equity securities, the fund strives to provide a lower risk, total return alternative to focusing solely on one strategy.
“Finding ways to generate income for clients, while discerning the proper balance between yield and risk, is one of the toughest challenges facing financial advisors today,” said Ryan Issakainen, senior vice president and ETF Strategist at First Trust. “This ETF provides a low-cost alternative to traditional fixed-income funds, investing in a diversified group of income-producing, fixed-income and equity asset classes, each actively managed by a talented team of specialized asset managers.”
This approach focuses on providing risk-adjusted income and capital appreciation potential by utilizing the expertise of multiple specialist asset managers in a single investment portfolio. FDIV offers a disciplined and transparent solution for investors seeking income.
First Trust Advisors, along with its affiliate First Trust Portfolios, are privately held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $98 billion as of June 30, 2014 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
