First Trust Portfolios Canada announces TSX listing effective dates for changes of investment strategies
18 February 2021 - 12:34AM
FT Portfolios Canada Co. (“First Trust Canada”), a privately owned
company, announced today, on February 17, the effective date of 7
new investment strategies including Canada’s first 5G and Internet
ETFs on the TSX.
On February 3, 2021, unitholders of the ETFs
listed below approved a proposal to modernize sector exposure
resulting in amending the ETFs. The proposal was implemented as of
February 12, 2021 for the First Trust Morningstar Dividend Leaders
ETF (CAD-Hedged) and February 17, for the remaining six ETFs.
- SKYY - First Trust Cloud Computing
ETF
- FDN / FDN.F - First Trust Dow Jones
Internet ETF
- CIBR - First Trust Nasdaq
Cybersecurity ETF
- FBT - First Trust NYSE Arca
Biotechnology ETF
- NXTG - First Trust Indxx NextG
ETF
- QCLN - First Trust NASDAQ® Clean
Edge® Green Energy ETF
- FDL - First Trust Morningstar
Dividend Leaders ETF (CAD Hedged)
“We are currently seeing significant growth,
exacerbated by the COVID-19 pandemic, in long term secular growth
themes such as e-commerce, cloud computing, green energy, 5G,
biotechnology and cybersecurity. We are delighted to provide
Canadian advisors and investors local access to some of First
Trust’s most successful and best performing next generation ETFs on
the Toronto Stock Exchange. With these changes we are pleased to be
providing access to these investment trends, offering Canadian
investors the opportunity to invest in long term secular growth
themes in Canadian dollars.” said Karl Cheong, Head of
Distribution, First Trust Canada.
The portfolio manager is primarily responsible
for the day-to-day management of the ETFs.
For further information: Media Contact: Karl
Cheong FT Portfolios Canada Co., 40 King Street West, Suite 5102,
Email: karlcheong@firsttrust.ca, 1-877-622-5552.
About First Trust
First Trust Canada is the trustee, manager and
promoter of the ETFs. First Trust Canada and its affiliates First
Trust Advisors L.P. (“FTA”), portfolio advisor to the ETFs, an
Ontario Securities Commission registered portfolio manager and U.S.
Securities and Exchange Commission registered investment advisor,
and First Trust Portfolios L.P., a FINRA registered broker-dealer,
are privately held companies that provide a variety of investment
services. FTA has collective assets under management or supervision
of approximately U.S.
$170 billion as of January 31, 2021 through unit
investment trusts, exchange-traded funds, closed-end funds, mutual
funds and separate managed accounts. For more information, visit
www.firsttrust.ca.
You should consider an ETF’s investment
objectives, risks, and charges and expenses carefully before
investing.
Contact FT Portfolios Canada at 1-877-622-5552
or visit www.firsttrust.ca to obtain a prospectus which contains
this and other information about the ETFs. The prospectus should be
read carefully before investing.
Important Information
The information presented is not intended to
constitute an investment recommendation for, or advice to, any
specific person. Financial advisors are responsible for evaluating
investment risks independently and for exercising independent
judgment in determining whether investments are appropriate for
their clients. Commissions, management fees and expenses all may be
associated with investments in exchange-traded funds. Please read
the prospectus before investing. Exchange-traded funds are not
guaranteed, their values change frequently, and past performance
may not be repeated.
NASDAQ® is a registered trademark of NASDAQ,
Inc., which has been licensed for use in the name of the ETFs. The
ETFs are not sponsored, endorsed, sold or marketed by NASDAQ, Inc.
or any of its affiliates (“NASDAQ”) or their respective third-party
providers, and NASDAQ and its third-party providers make no
representation regarding the advisability of investing in the ETFs
and shall have no liability whatsoever in connection with the
ETFs.
First Trust Advisors L.P. is the portfolio
advisor to the ETFs. First Trust Advisors L.P. is an affiliate of
FT Portfolios Canada Co., the trustee, manager and promoter of the
ETFs. Financial advisors are responsible for evaluating investment
risks independently and for exercising independent judgment in
determining whether investments are appropriate for their clients.
Source: First Trust Advisors L.P.
Further information about First Trust Canada’s
ETFs can be found at www.firsttrust.ca.
CONTACT: Karl Cheong, First Trust Canada, (416)
865-8053, karlcheong@firsttrust.ca
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