BGLD FT Cboe Vest Gold Strategy Quarterly Buffer ETF

*Unless otherwise stated, data provided by FactSet.

BGLD Fund Description

BGLD aims for specific buffered losses and capped gains on SPDR Gold Trust ETF over a specific holdings period. The fund invests in US treasury bills, cash-like instruments and FLEX options through a wholly-owned subsidiary.

BGLD Factset Analytics Insight

BGLD uses FLEX options, short-term Treasurys and cash-like investments in an effort to moderate losses on price movement on the SPDR Gold Trust ETF (ticker: GLD) over a three-month period. For tax purposes, the fund does not hold the FLEX options or gold directly but gets its exposure through a wholly-owned Cayman Island subsidiary. BGLD compensates for GLD’s losses between 5% and 15%, beyond it, the fund will experience all subsequent losses on a one-to-one basis. In exchange for preventing realization of GLD’s losses, investors forego upside participation above a certain threshold, which is reset quarterly. Investors who buy at any other time than the quarterly reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio.

PERFORMANCE [as of 09/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BGLD -1.34% -6.24% -8.58% -6.69% -- -- --
BGLD (NAV) -1.94% -6.44% -8.89% -6.69% -- -- --
No Underlying Index -- -- -- -- -- -- --
LBMA Gold Price PM -- -8.96% -- -4.74% 3.55% 5.22% -0.70%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BGLD Summary Data

First Trust
FT Cboe Vest
01/20/21
Open-Ended Fund
0.90%
$12.94M
$295.87K
0.45%

BGLD Portfolio Data

Physically Held
Physically Held
N/A
--

BGLD Index Data

No Underlying Index
Fixed
Fixed
LBMA Gold Price PM

BGLD Portfolio Management

0.90%
--
--
--

BGLD Tax Exposures

20.00% / 39.60%
--
No

BGLD Fund Structure

Open-Ended Fund
No
N/A
N/A
N/A
High
Daily

BGLD Factset Analytics Block Liquidity

As of 09/30/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BGLD. BGLD is rated a 5 out of 5.

BGLD Tradability

16,916
$295.87K
1,410
$25.29K
0.45%
$0.08
-0.02%
1.27% / -0.49%
None
100.00%
--
--
--
--
0
$17.24
5

BGLD Sector Breakdown


BGLD
Segment Benchmark
84.32%
--
15.00%
--
0.67%
--

BGLD Top 10 Targeted Commodity Weights

83.42%
15.92%
-0.01%
100.00%

BGLD Tenor Strategy

BGLD uses a rules-based process to hedge exposure over a one year period.

BGLD Rolling Strategy

BGLD rolls the hedge portion of the portfolio every 90 days.

BGLD Performance Statistics

0.34
0.35
--
--
0.00%