First Trust Portfolios Canada announces TSX listing effective dates for changes of investment strategies

TORONTO, Feb. 17, 2021 (GLOBE NEWSWIRE) — 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 ETFFDN / FDN.F – First Trust Dow Jones Internet ETFCIBR – First Trust Nasdaq Cybersecurity ETFFBT – First Trust NYSE Arca Biotechnology ETFNXTG – First Trust Indxx NextG ETFQCLN – First Trust NASDAQ® Clean Edge® Green Energy ETFFDL – 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: [email protected], 1-877-622-5552.About First TrustFirst 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 InformationThe 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.Karl Cheong, First Trust Canada, (416) 865-8053, [email protected]

Resource News, Oil and Gas News, Mining News, Renewable News

Resource News

Oil, Gas, Mining & Metals

Start typing and press Enter to search

shares