FTGC

First Trust Global Tactical Commodity Strategy Fund
C

N/A
*Unless otherwise stated, data provided by FactSet.

FTGC Fund Description

The First Trust Global Tactical Commodity Strategy Fund 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 CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
  • YTD
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COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FTGC 0.51% -5.13% -5.36% -2.50% -3.55% -- --
FTGC (NAV) 0.69% -4.99% -5.57% -2.74% -3.59% -- --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI 4.37% 3.22% 8.34% 19.27% 2.25% -10.76% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FTGC Top 10 Holdings [View All]

FTGC Summary Data

First Trust
10/23/13
Open-Ended Fund
0.95%
$222.72M
$2.37M
0.14%

FTGC Portfolio Data

Futures
Variable
N/A
--

FTGC Index Data

No Underlying Index
Proprietary
Proprietary
S&P GSCI

FTGC Portfolio Management

0.95%
--
--
--

FTGC Tax Exposures

20.00% / 39.60%
--
No

FTGC Fund Structure

Open-Ended Fund
No
No
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FTGC Factset Analytics Block Liquidity

As of 09/21/18
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

141,868
$2.37M
54,614
$1.05M
0.14%
$0.03
0.01%
0.50% / -0.40%
None
100.00%
50,000
1.09
0.05%
--
--
$19.59
5

FTGC SECTOR BREAKDOWN


FTGC
Segment Benchmark
46.70%
11.42%
18.50%
7.06%
15.55%
6.43%
10.07%
72.35%
5.89%
2.74%

FTGC TOP 10 TARGETED COMMODITY WEIGHTS[View All]

17.45%
13.20%
11.05%
11.04%
10.99%
8.84%
8.81%
6.61%
4.41%
4.40%
96.8%

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

0.73
0.57
0.56
0.52
0.01%