Key stats
About FIRST TR GLBL RISK MGD INC IDX ETF COM UNITS
Expense ratio
0.97%
Home page
Inception date
Jul 23, 2014
ISIN
CA33739T1057
The fund is a passively managed fund-of-funds that follows an index of a risk managed, high-yielding global income portfolio, consisting of ETFs across asset classes. The ETFs must be listed on the TSX. In managing risk, each potential ETF is evaluated by the Index Providers proprietary dynamic, volatility-adjusted momentum models to measure the rate of acceleration of each securitys price. The underlying index overweights securities with a higher yield compared to its risk and those with positive price momentum. The underlying index is rebalanced and adjusted periodically when it varies from target weightings. It implements a 25% cap to each security and ETFs that have the same manager or sponsor may have are capped at 50% of the Index value.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.95%
Cash0.05%