The 1st Tr SnrLoan Cad-H ETF, trading under the ticker TSE:FSL, offers investors a unique opportunity to delve into the dynamic world of corporate bank loans with a specialized focus on high-yield investments. This ETF is strategically positioned within the floating rate niche, providing a hedge against interest rate volatility while targeting attractive returns. As a high-yield fund, it primarily invests in senior loans issued by corporations, which are often secured by the borrowers' assets, offering an added layer of security. These instruments are appealing to those seeking to enhance their fixed-income portfolios with potentially higher returns than traditional bonds. The floating rate feature ensures that the interest payments adjust with market rates, making it an ideal choice for investors concerned about rising interest rates. The 1st Tr SnrLoan Cad-H stands out in the corporate loans category by delivering exposure to a diversified pool of senior loans, aiming to capture the income potential of this asset class while managing risk through extensive credit analysis and selection processes.
Asset Class
Fixed Income
Region
Global
Issuer
First Trust
Index Tracked
No Underlying Index
Ticker Symbol
TSE:FSL
1st Tr SnrLoan Cad-H (FSL) Fund Flow Chart
1st Tr SnrLoan Cad-H (FSL) 1 year Net Flows: C$19M
FSL ETF FAQ
What was TSE:FSL’s price range in the past 12 months?
TSE:FSL lowest ETF price was C$16.64 and its highest was C$17.49 in the past 12 months.