MARB
First Trust Merger Arbitrage ETFMARB Fund Description
MARB is an actively-managed global fund that uses a merger arbitrage strategy to long takeover target and short the acquiring company.
MARB Factset Analytics Insight
MARB targets global companies that are involved in a publicly-announced merger or acquisition. Only those companies involved in such significant corporate transaction are eligible for inclusion in the portfolio. In seeking capital appreciation, the fund takes a long position in stocks that are reported targets of takeovers or acquisitions, while shorting the acquiring name. MARB profits from the net of the target’s trading stock price following the announcement and the future contractual price of the target company when the transaction closes. The fund uses real-time quantitative-based research to evaluate the attractiveness of a transaction relative to others in the arbitrage universe. It also considers the probability of the merger’s completion and certain risks that may affect its likelihood. MARB may hold cash or cash equivalents if the aforesaid investment criteria are not satisfied.
MARB Summary Data
MARB Portfolio Data
MARB Index Data
MARB Portfolio Management
MARB Tax Exposures
MARB Fund Structure
MARB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MARB. MARB is rated a N/A out of 5.
MARB Tradability
MARB Asset Allocation
Short
Long
Net
0.00%
0.00%
0.00%
0.00%
MARB Top 5 Holdings Long
MARB Top 5 Holdings Short
MARB Performance Statistics
MARB Correlations (Daily Returns 12 Mo)
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