Active ETF from First Trust offers buffer strategy on S&P 500 index.

21 May 2024, FRANKFURT (Börse Frankfurt). As of today, a new exchange-traded fund from First Trust is tradable on Xetra and via the trading venue Börse Frankfurt.

The First Trust Vest U.S. Equity Moderate Buffer UCITS ETF - May pursues an actively managed investment strategy with the aim of tracking the performance of the S&P 500 Index up to a fixed upside cap. Simultaneously, the fund aims to minimise losses (buffer) for the first 15 per cent price declines at the end of the defined target outcome period of one calendar year. The investment manager invests the entire assets in FLEX options, which are put as well as call options.

The buffer strategy begins and ends in May of each year and is then rebalanced by the fund investing in a new package of FLEX options. The cap is calculated on the first reference date depending on market conditions, while the buffer always remains unchanged at 15 per cent. The current cap and buffer details are available on the First Trust website.

Name	Asset class	ISIN	Ongoing charges	Distribution policy
First Trust Vest U.S. Equity Moderate Buffer UCITS ETF - May	Active Equity ETF	IE000P0FL8E3	0,85 per cent	accumulating

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,163 ETFs. With this selection and an average monthly trading volume of around €14 billion, Xetra is the leading trading venue for ETFs in Europe.

New ETF: Exchange traded funds with an active investment strategy

Otras noticias de la compañía