FAAR

First Trust Alternative Absolute Return Strategy ETF

$30.55

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The First Trust Alternative Absolute Return Strategy ETF (FAAR) seeks to provide positive absolute returns in various market environments by utilizing a multi-strategy approach across alternative asset classes.

Overview

ETF tracking First Trust Alternative Absolute Return Strategy ETF

Category Alternative

Issuer First Trust

Inception Date 2016-05-19

Market Cap $111.5M

Average Volume N/A

Dividend Yield 2.72%

52-Week Range $25.68 - $30.91

VWAP $30.50

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

FAAR invests in a diversified portfolio of alternative investments, including long/short equity, global macro, managed futures, and other non-traditional strategies. The fund aims to generate positive returns regardless of the direction of the broader markets.

✨ Key Features

Utilizes a multi-strategy approach to alternative investments
Seeks to provide positive absolute returns in various market conditions
Diversified portfolio across alternative asset classes
Actively managed by experienced alternative investment managers

⚠️ Primary Risks

Exposure to alternative investment strategies, which may be more volatile and complex than traditional investments
Potential for higher fees and expenses compared to traditional index funds
Lack of a long-term performance history to evaluate the fund's effectiveness
Liquidity risk, as some alternative investments may be less liquid than traditional assets

👤 Best For

FAAR may be suitable for investors seeking diversification and the potential for positive returns in various market environments. However, due to the fund's limited performance history and the inherent risks of alternative investments, it is generally recommended for investors with a higher risk tolerance and a long-term investment horizon.