The First Trust Long/Short Equity ETF Trust Unit (TSE:FTLS) is designed to deliver long-term total return by employing a dynamic investment strategy that taps into the potential of both rising and falling markets. As part of the Hedge Fund Strategies category, FTLS focuses on a Long/Short approach, a niche strategy that involves taking long positions in securities expected to appreciate and short positions in those anticipated to decline. This dual capability allows the ETF to navigate diverse market conditions effectively, offering investors a way to potentially enhance returns while managing risk. The fund invests in a carefully curated portfolio of U.S. exchange-listed equity securities and index futures contracts, providing a flexible and sophisticated investment vehicle for those seeking to augment their portfolios with hedge fund-like strategies. By leveraging the expertise in both long and short positions, FTLS aims to capitalize on market inefficiencies, making it an engaging option for investors looking to diversify with innovative strategies.
First Trust Long/Short Equity ETF Trust Unit (FTLS) Fund Flow Chart
First Trust Long/Short Equity ETF Trust Unit (FTLS) 1 year Net Flows: C$0
FTLS ETF FAQ
What was TSE:FTLS’s price range in the past 12 months?
TSE:FTLS lowest ETF price was C$19.75 and its highest was C$20.42 in the past 12 months.