| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Nathan Edwards IMG Wealth Management, Inc. | 154 | $3,163 | $3,369.52 | $206.52 | 6.53% |
| ARCA Exchange | US Country |
The First Trust Balanced Income ETF (referred to as the "Fund") aims to deliver investment results that generally align with the performance and yield (prior to the Fund's fees and expenses) of a specific index known as the Bloomberg Moderate Allocation Income Focus Index (the "Index"). In line with standard operational practices, the Fund is committed to investing a minimum of 80% of its net assets, along with any borrowed funds intended for investment, into exchange-traded funds (ETFs) that constitute the Index. The selection of ETFs within the Index is managed by First Trust Advisors L.P. ("First Trust"), which also serves as the investment advisor for the Fund.
The primary product offered by the Fund is its investment in ETFs, which are designed to replicate the performance of the Bloomberg Moderate Allocation Income Focus Index. By investing predominantly in ETFs, the Fund allows investors to gain exposure to a diverse array of income-generating assets while maintaining a balanced risk profile.
First Trust Advisors L.P. provides expert investment management services, overseeing the selection and management of the ETFs within the Fund. These services aim to ensure that the investment strategy is executed effectively, targeting optimal performance in line with the Fund’s objectives.
The Fund benefits from comprehensive research and analytics conducted by First Trust. This includes ongoing analysis of market trends, investment opportunities, and performance metrics, which guide the management of the ETFs and help mitigate risks associated with investment decisions.
Providing support to investors is a key aspect of First Trust's offerings. The Fund offers various resources to educate clients about the investments, their potential risks, returns, and strategies for portfolio management, ensuring that investors are well-informed.