FTLSFirst Trust Long/Short Equity ETF
FTLS Fund Description
FTLS takes both long and short position in US-listed equity with US and foreign exposure. The actively managed funds will typically be 90-100% long and 0-50% short.
FTLS Factset Analytics Insight
FTLS is actively-managed to invest in 90-100% long equity positions, partially offset by 0-50% short positions. It may also include investments in ETFs. The fund will avoid leverage from short sale proceeds and can take defensive cash positions. The fund’s active managers — an internal team from First Trust, have broad discretion in long/short allocation and stock selection. The selection process will include fundamental, market-related, technical and statistical attributes to screen eligible securities. The fund’s active managers will use an earnings quality model ranking with long high quality, short low quality, as a primary signal but will also aim to balance factor exposure and market risk for the overall portfolio.
FTLS Portfolio Management
FTLS Tax Exposures
FTLS Fund Structure
FTLS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTLS. FTLS is rated a 5 out of 5.
FTLS Asset Allocation