FMF

First Trust Managed Futures Strategy Fund
*Unless otherwise stated, data provided by FactSet.

FMF Fund Description

FMF seeks positive returns uncorrelated with major asset classes. The actively managed fund uses futures in commodity (50%), currency (25%) and equity (25%) indexes.

FMF Factset Analytics Insight

FMF aims for true absolute-return performance using a managed futures approach. The fund takes direct long and short positions in futures across commodities currency and equity indexes. The ability to offset exposures within asset classes could produce low correlations, an area where direct-competitor WDTI excels. FMF charges 95 bps, roughly average for the space. In over a year since its launch, the fund has struggled to gather assets, but the performance has been good. Returns have been respectable, volatility has been low, as have correlations to major asset classes.

FMF MSCI ESG Analytics Insight

First Trust Managed Futures Strategy Fund has an MSCI ESG Fund Rating of A based on a score of 6.58 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Managed Futures Strategy Fund ranks in the 77th percentile within its peer group and in the 87th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FMF Charts And Performance

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PERFORMANCE [as of 05/28/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMF 0.73% 3.91% 2.44% 0.53% -0.45% -2.57% --
ticker (NAV) 0.64% 2.96% 1.73% 0.12% -0.51% -2.67% --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FMF Summary Data

First Trust
07/31/13
Unit Investment Trust
0.95%
$26.19M
$875.34K
0.81%

FMF Portfolio Data

Long/Short Broad-based
1.03%
06/25/20
3

FMF Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FMF Portfolio Management

0.95%
--
--
--

FMF Tax Exposures

-- / --
--
Qualified dividends
No

FMF Fund Structure

Unit Investment Trust
No
No
100% / 0%
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FMF Factset Analytics Block Liquidity

As of 05/29/20
5
4
3
2
1

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

FMF Tradability

19,820
$875.34K
9,277
$403.64K
0.81%
$0.35
0.09%
5.91% / -4.31%
None
100.00%
50,000
0.19
0.02%
--
0
$43.61
N/A

FMF Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

FMF Top 5 Holdings Long

79.40%
20.21%
0.38%

FMF Top 5 Holdings Short

--

FMF Performance Statistics

0.12%
2.02%
-1.67%
0.00
0.00
0.00
1.01

FMF Correlations (Daily Returns 12 Mo)

0.05
0.05
-0.02

FMF MSCI ESG Ratings

6.58 / 10
87.10
77.13
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