First Trust Multi-Strategy Fund - Class C (FTMCX)

Overview

The Adviser is a sophisticated asset management firm that specializes in offering diversified investment solutions by delegating the management of a portion of fund assets to a team of experienced investment managers. These managers employ a variety of investment strategies and styles in order to achieve optimal performance and manage risk for their clients. The firm prides itself on its flexible investment approach, allowing for up to 85% of its net assets to be invested in a wide range of derivatives, including structured products, options, futures, forward currency contracts, and swaps. This approach is designed to cater to a broad spectrum of investor needs, ranging from individuals seeking to preserve capital to those aiming for aggressive growth.

Products and Services

The Adviser offers a variety of financial products and services, each designed to accommodate different investment preferences and goals:

• Structured Products
  

  These are investment instruments designed to facilitate highly tailored risk-return objectives. Structured products may include investments linked to a variety of underlying assets, such as equities, indices, commodities, or interest rates, offering clients the opportunity to participate in market gains while potentially protecting against large losses.

• Options
  

  Options give investors the right, but not the obligation, to buy or sell an underlying asset at a set price within a specific period. This product allows for strategies that can hedge against market volatility, generate income, or speculate on future market movements with a controlled level of risk.

• Futures
  

  These financial contracts obligate the buyer to purchase, and the seller to sell, an underlying asset at a predetermined future date and price. Futures can serve as a valuable tool for hedging against price movements or for speculative purposes, providing exposure to a wide array of asset classes.

• Forward Currency Contracts
  

  A forward currency contract is an agreement between two parties to exchange currencies at a future date at a pre-agreed exchange rate. This financial tool is crucial for managing foreign exchange risk, especially for investors with international exposure.

• Swaps, including Credit-Default Swaps
  

  Swaps are financial instruments that allow two parties to exchange streams of cash flows over a specified period. This category includes credit-default swaps (CDS), which are contracts that provide protection against credit loss. These instruments are important for investors looking to manage various types of risk, from interest rate fluctuations to default risks.