FCVT
First Trust SSI Strategic Convertible Securities ETF
📎 Investment Objective
The First Trust SSI Strategic Convertible Securities ETF (FCVT) seeks to provide total return by investing primarily in a portfolio of convertible securities.
Overview
ETF tracking First Trust SSI Strategic Convertible Securities ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust SSI Strategic Convertible Securities ETF (FCVT) seeks to provide total return by investing primarily in a portfolio of convertible securities.
🎯 Investment Strategy
The fund invests in a portfolio of convertible securities, which are hybrid securities that have characteristics of both stocks and bonds. The fund's investment strategy aims to provide exposure to the convertible securities market while seeking to manage risk and volatility.
✨ Key Features
- Invests primarily in a portfolio of convertible securities
- Seeks to provide total return through exposure to the convertible securities market
- Actively managed approach to portfolio construction and risk management
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's investments may decline due to general market conditions or other factors
- Interest rate risk: Convertible securities may be sensitive to changes in interest rates, which could affect the value of the fund's investments
- Credit risk: The fund is exposed to the creditworthiness of the issuers of the convertible securities it holds
- Liquidity risk: Convertible securities may be less liquid than other types of securities, which could affect the fund's ability to sell its holdings
👤 Best For
The First Trust SSI Strategic Convertible Securities ETF may be suitable for investors seeking exposure to the convertible securities market as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be willing to accept the risks associated with investing in convertible securities.