NYSE ARCA | ETF
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles.
The fund is non-diversified.
Top 11 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FMF | First Trust Managed Futures Strategy Fund | 21.57% | ||
| FAAR | First Trust Alternative Absolute Return Strategy ETF | 21.09% | ||
| FTLS | First Trust Long/Short Equity ETF | 20.96% | ||
| UCON | First Trust TCW Unconstrained Plus Bond ETF | 12.52% | ||
| LMBS | First Trust Low Duration Opportunities ETF | 10.34% | ||
| FTGC | First Trust Global Tactical Commodity Strategy Fund | 8.00% | ||
| IEF | iShares 7-10 Year Treasury Bond ETF | 7.29% | ||
| FLSP | Franklin Liberty Systematic Style Premia ETF | 6.88% | ||
| FTHI | First Trust BuyWrite Income ETF | 4.67% | ||
| MARB | First Trust Vivaldi Merger Arbitrage ETF | 4.59% | ||
| IAU | iShares Gold Trust | 3.80% |