|
 |
|
Investment Objective/Strategy - The investment objective of the FT Cboe Vest Gold Strategy Quarterly Buffer ETF (the "Fund") is to seek to provide investors with returns (before fees, expenses and taxes) that match those of the SPDR Gold Trust (the "Underlying ETF"), up to a predetermined upside cap of 9.25% (before fees, expenses and taxes) and 9.02% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Fund's management fee), while providing a buffer against Underlying ETF losses between -5% and -15% (before fees, expenses and taxes) over the period from June 1, 2023 to August 31, 2023.
There can be no assurance that the Fund's investment objectives will be achieved.
Ticker | BGLD |
Fund Type | Target Outcome Strategies |
Investment Advisor | First Trust Advisors L.P. |
Investor Servicing Agent | Bank of New York Mellon Corp |
Portfolio Manager/Sub-Advisor | CBOE Vest Financial, LLC |
CUSIP | 33733E849 |
ISIN | US33733E8497 |
Intraday NAV | BGLDIV |
Fiscal Year-End | 12/31 |
Exchange | Cboe BZX |
Inception | 1/20/2021 |
Inception Price | $19.99 |
Inception NAV | $19.99 |
Expense Ratio* | 0.91% |
* As of 5/1/2023
The Investment Advisor has implemented fee breakpoints, which reduce the fund's investment management fee at certain assets levels. Please see the fund's SAI for full details.
Closing NAV1 | $19.84 |
Closing Market Price2 | $19.89 |
Bid/Ask Midpoint | $19.85 |
Bid/Ask Premium | 0.05% |
30-Day Median Bid/Ask Spread3 | 0.55% |
Total Net Assets | $14,882,431 |
Outstanding Shares | 750,002 |
Daily Volume | 1,489 |
Average 30-Day Daily Volume | 4,633 |
Closing Market Price 52-Week High/Low | $20.06 / $16.92 |
Closing NAV 52-Week High/Low | $20.04 / $16.96 |
Number of Holdings (excluding cash) | 4 |
Past performance is not indicative of future results.
Holding |
Percent |
U.S. Treasury Bill, 0%, due 08/29/2023 |
93.60% |
2023-08-31 SPDR Gold Trust C 173.20 |
6.24% |
2023-08-31 SPDR Gold Trust P 154.97 |
-0.07% |
2023-08-31 SPDR Gold Trust C 199.18 |
-0.55% |
*Â Excluding cash.Â
Holdings are subject to change.
|
2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Days Traded at Premium |
136 |
37 |
28 |
--- |
Days Traded at Discount |
115 |
25 |
15 |
--- |
LBMA Gold Price - The Benchmark is the global benchmark price for unallocated gold delivered in London. S&P 500® Index - Price Return - The Index is an unmanaged index of 500 companies used to measure large-cap U.S. stock market performance. The returns shown are price only.
|
|
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
|