FTGC

First Trust Global Tactical Commodity Strategy Fund
C

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*Unless otherwise stated, data provided by FactSet.

FTGC Fund Description

FTGC is an actively managed fund that, through a subsidiary, provides broad exposure to commodities through futures contracts. The fund is structured as a 1940 Act open-ended fund.

FTGC Factset Analytics Insight

FTGC brought active management to the commodities space. The fund doesn't directly own futures contracts, but gains exposure to commodities through its holdings in a Cayman Islands-based subsidiary, which holds futures contracts and is also eligible to hold commodity ETFs and structured products tied to commodities. Since the fund limits its holding in the subsidiary to 25%, it aims to qualify as a regulated investment company and is structured as a 1940 Act open-ended fund, as opposed to a commodities pool. It can short futures, as well as hold commodity ETFs and other structured vehicles tied to commodities, and overall it doesn't look much like our front-month GSCI benchmark. Its sector biases can swing far from neutral exposure. The fund trades well, across manageable spreads, and its cash-only creation structure makes things simple for larger investors. FTGC charges a high but typical fee for actively managed funds, but it's worth noting that its structure means that FTGC intends to be taxed like other equity funds, and does not distribute K-1 forms to its investors.

FTGC MSCI ESG Analytics Insight

First Trust Global Tactical Commodity Strategy Fund has an MSCI ESG Fund Rating of undefined based on a score of 6.89 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 Global Tactical Commodity Strategy Fund ranks in the 91st percentile within its peer group and in the 100th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FTGC Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 10/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FTGC -0.54% -0.92% 2.57% -7.83% -2.72% -8.35% --
FTGC (NAV) -0.54% -1.04% 2.65% -7.70% -2.77% -8.35% --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI -2.95% -2.27% 9.77% -14.16% 1.23% -10.49% -6.08%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FTGC Summary Data

First Trust
10/23/13
Open-Ended Fund
0.95%
$160.69M
$1.10M
0.24%

FTGC Portfolio Data

Futures
Variable
N/A
11

FTGC Index Data

No Underlying Index
Proprietary
Proprietary
S&P GSCI

FTGC Portfolio Management

0.95%
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FTGC Tax Exposures

20.00% / 39.60%
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No

FTGC Fund Structure

Open-Ended Fund
No
No
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FTGC Factset Analytics Block Liquidity

As of 10/18/19
5
4
3
2
1

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

FTGC Tradability

60,959
$1.10M
28,667
$520.26K
0.24%
$0.04
-0.01%
0.62% / -0.61%
None
100.00%
50,000
0.57
0.05%
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0
$18.39
5

FTGC Top 10 Targeted Commodity Weights[View All]

16.23%
11.17%
10.54%
10.53%
9.93%
9.93%
9.93%
9.30%
7.44%
2.52%
97.52%

FTGC Tenor Strategy

FTGC is actively managed. Contract selection is at the discretion of the portfolio manager.

FTGC Rolling Strategy

FTGC is actively managed. Contract selection is at the discretion of the portfolio manager.

FTGC Performance Statistics

0.75
0.41
0.56
0.52
0.01%

FTGC MSCI ESG Ratings

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6.89 / 10
100.00
90.97
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