MARBFirst Trust Merger Arbitrage ETF

Grow my money6y track recordRanked #2,611 of 2,960 in this goal

Seeks to provide investors with capital appreciation.

By First Trust · Launched 2020

Annual Cost

1.69%

#5,489 of 5,562 · expensive

Fund Size

$20M

#4,360 of 5,562 · small

Return (1Y)Goal

+5.7%

Track Record

6 years

#2,050 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,602+6.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Arbitrage

What it actually holds

By weight

Concentration

Top 10 holdings = 78.6% of fundconcentrated

Dreyfus Government Cash Management

42.7%

Electronic Arts Inc

4.5%

Confluent Inc

4.1%

Aspen Insurance Holdings Ltd

4.1%

Jamf Holding Corp

4.0%

Hillenbrand Inc

4.0%

Alexander & Baldwin Inc

4.0%

Brighthouse Financial Inc

3.9%

CSG Systems International Inc

3.9%

Hologic Inc

3.5%

Asset allocation

Cash

67.3%

Stocks

32.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

5.3%Low

Year-on-year price swings

Max drawdown

-12.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.14Below average

Sortino (3Y)

0.21Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investors with capital appreciation.
Strategy: Invests primarily in long and short positions in equity securities of companies involved in mergers and acquisitions. The strategy focuses on capturing the price spread between the target and acquiring companies, utilizing quantitative research to assess transaction attractiveness and risks.
Inception date: February 4, 2020
Fund family: First Trust