FTLS

Fund Description
The Funds investment objective is to seek to provide investors with long term total return. The Fund intends to pursue its investment objective by establishing long and short positions in a portfolio of Equity Securities. The fund will seek to systematically provide long exposure to high quality earnings stocks and short exposure to lower quality earnings stocks. The fund may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. These futures contracts will be used to gain long or short exposure to broad based equity indexes.
Fund Profile
Fund Name First Trust Long/Short Equity ETF
Fund Exchange Ticker FTLS
Fund Sponsor First Trust
Fund ISIN US33739P1030
Net Expense Ratio 1.60 %
Fund Inception Date 8 September 2014
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 20 January 2021
Asset Under Management 321.55 Million (USD)
1 Month Total Return 4.45 %
Year To Date Return 4.71 %
1 Year Total Return 5.18 %
3 Year Annualized Total Return 4.45 %
NAV 45.61
Share Outstanding 7,050,000
Top 10 Holdings (19 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
US Dollar CASH 0.2870940125
APPLE INC AAPL EQUI 0.0307422141
HP INC HPQ EQUI 0.0263400753
MICROSOFT CORP MSFT EQUI 0.0257979281
ANALOG DEVICES INC ADI EQUI 0.0253407419
CVS HEALTH CORP CVS EQUI 0.0241496788
OLLIE'S BARGAIN OUTLET HOLDI OLLI EQUI 0.0232039995
TRANE TECHNOLOGIES PLC TT EQUI 0.0221862425
LENNAR CORP-A LEN EQUI 0.0219675195
WIX.COM LTD WIX EQUI 0.0217529234