First Trust Merger Arbitrage Fund (MARB)
ARCA ARCA Primary Summary
MARB Chart
First Trust Merger Arbitrage Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 1,279 | $25,698.54 | $26,769.47 | $1,070.93 | 4.17% |
| EM Erin Mccann Simplicity Wealth LLC | 14,484 | $296,834.16 | $303,150.12 | $6,315.96 | 2.13% |
 Christopher C. Powers Farther Finance Advisors, LLC | 67 | $1,341 | $1,402.31 | $61.31 | 4.57% |
| BR Brian Runkles Frederick Financial Consultants LLC | 61,888 | $1.24M | $1.3M | $59,412.26 | 4.81% |
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First Trust Merger Arbitrage Fund Profile
| ARCA Exchange | US Country |
Overview
The described fund operates within the investment management industry, focusing on capitalizing on significant corporate events such as mergers and acquisitions. By taking both long and short positions in equity securities, the fund aims to achieve its investment objective under normal market conditions. Its strategic approach allows it to invest in a wide range of companies, from those based in the U.S. to international entities, through equity securities and American Depositary Receipts (ADRs). The fund’s portfolio management is characterized by its flexibility to include securities from small, mid, and large capitalization issuers, showcasing a broad spectrum of investment opportunities. Despite its varied investment strategy, it remains non-diversified, concentrating its investments to maximize returns from anticipated corporate events.
Products and Services
- Long and Short Positions in Equity Securities:
The fund's primary service involves taking long (buying) or short (selling) positions in the equity securities of companies expected to undergo significant corporate events, such as mergers or acquisitions. This strategy helps in capitalizing on the volatility and price movements often associated with such events.
- Investment in U.S. and Non-U.S. Companies:
Expanding its horizon beyond domestic markets, the fund invests in equity securities issued by both U.S. and non-U.S. companies. This diversifies its investment portfolio and opens up a wider array of investment opportunities in global markets, including emerging economies.
- American Depositary Receipts (ADRs):
As part of its international investment strategy, the fund includes American Depositary Receipts (ADRs), which are shares of a foreign company traded on U.S. exchanges. This allows the fund to invest in non-U.S. companies without the complexities of direct investments in foreign markets.
- Small, Mid, and Large Capitalization Issuers:
The fund's investment strategy is not confined to companies of a particular size. It invests in small, mid, and large capitalization issuers, thus taking advantage of the growth potential in smaller companies as well as the stability offered by larger entities.
