First Trust Global Tactical Commodity Strategy Fund (FTGC)
First Trust Global Tactical Commodity Strategy Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $30.55, up 0.49% on the session, giving a market capitalisation of $2.86B. Its beta of 0.92 implies it has historically moved less than the broad market.
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve attractive risk adjusted returns by investing in commodity futures contracts, exchange-traded commodity linked instruments, and commodity linked total return swaps (collectively, "Commodities Instruments") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). The advisor expects to gain exposure to these investments exclusively by investing in the Subsidiary.
First Trust Global Tactical Commodity Strategy Fund is most often compared with the following Financial Services names: