First Trust Advisors L.P. (“First Trust”), a global
exchange-traded fund (ETF) provider and asset manager, announced
that the Mexican pension funds investment regulator, La Comisión
Nacional del Sistema de Ahorro para el Retiro (CONSAR), has
approved an additional First Trust ETF for sale to Mexican funded
pensions, known as AFORES. In accordance with Mexico’s pension plan
investment guidelines, CONSAR must approve an ETF before it can be
purchased in a pension fund.
Newly Approved First Trust Nasdaq Cybersecurity ETF
(CIBR)
“As an industry leader in thematic solutions, we are thrilled to
see more pensions in Mexico and across the region integrating
thematic allocations into their global portfolios. We are pleased
CIBR, which is the world’s largest cybersecurity ETF, has been
requested by the AFORES as they continue to embrace the thematic
opportunities shaping our world,” said April Reppy Suydam, Head of
Latin America Distribution, First Trust.
As many institutional investors seek to invest in pensions
within Mexico, First Trust is pleased to expand its offerings of
ETFs available for use.
For more information about First Trust, please contact Ryan
Issakainen at (630) 765-8689 or RIssakainen@FTAdvisors.com.
About First Trust
First Trust, a federally registered investment advisor, and its
affiliate First Trust Portfolios L.P. (“FTP”), a FINRA registered
broker-dealer, are privately held companies that provide a variety
of investment services. First Trust is the investment advisor to
exchange-traded funds, closed-end funds, mutual funds, separate
managed accounts and provides supervisory services to FTP sponsored
unit investment trusts. First Trust’s assets under management were
approximately $205.61 billion as of June 30, 2021. This includes
the supervisory services First Trust provides to FTP sponsored unit
investment trusts, which are unmanaged. FTP is a sponsor of unit
investment trusts and distributor of mutual fund shares and
exchange-traded fund creation units. First Trust is based in
Wheaton, Illinois. For more information, visit
http://www.ftportfolios.com.
You should consider a fund’s investment objectives, risks,
and charges and expenses carefully before investing. Contact First
Trust Portfolios L.P. at 1-800-621-1675 to obtain a prospectus
which contains this and other information about a fund. The
prospectus should be read carefully before investing.
Risks
The fund’s return may not match the return of the Nasdaq CTA
Cybersecurity Index℠. Securities held by the fund will generally
not be bought or sold in response to market fluctuations.
Investors buying or selling fund shares on the secondary market
may incur customary brokerage commissions. Market prices may differ
to some degree from the net asset value of the shares. Investors
who sell fund shares may receive less than the share's net asset
value. Shares may be sold throughout the day on the exchange
through any brokerage account. However, unlike mutual funds, shares
may only be redeemed directly from the fund by authorized
participants, in very large creation/redemption units. If the
fund's authorized participants are unable to proceed with
creation/redemption orders and no other authorized participant is
able to step forward to create or redeem, fund shares may trade at
a discount to the fund's net asset value and possibly face
delisting.
The fund’s shares will change in value, and you could lose money
by investing in the fund. One of the principal risks of investing
in the fund is market risk. Market risk is the risk that a
particular stock owned by the fund, fund shares or stocks in
general may fall in value. There can be no assurance that the
fund’s investment objective will be achieved.
The outbreak of the respiratory disease designated as COVID-19
in December 2019 has caused significant volatility and declines in
global financial markets, which have caused losses for investors.
While the development of vaccines has slowed the spread of the
virus and allowed for the resumption of "reasonably" normal
business activity in the United States, many countries continue to
impose lockdown measures in an attempt to slow the spread.
Additionally, there is no guarantee that vaccines will be effective
against emerging variants of the disease.
The fund may invest in small capitalization and mid
capitalization companies. Such companies may experience greater
price volatility than larger, more established companies.
An investment in a fund containing securities of non-U.S.
issuers is subject to additional risks, including currency
fluctuations, political risks, withholding, the lack of adequate
financial information, and exchange control restrictions impacting
non-U.S. issuers. These risks may be heightened for securities of
companies located in, or with significant operations in, emerging
market countries. The fund may invest in depositary receipts which
may be less liquid than the underlying shares in their primary
trading market.
The fund may hold investments that are denominated in non-U.S.
currencies, or in securities that provide exposure to such
currencies, currency exchange rates or interest rates denominated
in such currencies. Changes in currency exchange rates and the
relative value of non-U.S. currencies will affect the value of the
fund's investment and the value of fund shares.
Information technology companies and cybersecurity companies are
generally subject to the risks of rapidly changing technologies,
short product life cycles, fierce competition, aggressive pricing
and reduced profit margins, loss of patent, copyright and trademark
protections, cyclical market patterns, evolving industry standards
and frequent new product introductions. Cybersecurity companies may
also be smaller and less experienced companies, with limited
product lines, markets, qualified personnel or financial
resources.
The fund is classified as "non-diversified" and may invest a
relatively high percentage of its assets in a limited number of
issuers. As a result, the fund may be more susceptible to a single
adverse economic or regulatory occurrence affecting one or more of
these issuers, experience increased volatility and be highly
concentrated in certain issuers.
First Trust Advisors L.P. is the adviser to the fund. First
Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P.,
the fund’s distributor.
The information presented is not intended to constitute an
investment recommendation for, or advice to, any specific person.
Nor does the document implicitly or explicitly recommend or suggest
an investment strategy, reach conclusions in relation to an
investment strategy for the reader or provide an opinion as to the
present or future value or price of any fund. First Trust has no
knowledge of and has not been provided any information regarding
any investor. Financial professionals must determine whether
particular investments are appropriate for their clients.
Nasdaq® and Nasdaq CTA Cybersecurity Index℠ are registered
trademarks and service marks of Nasdaq, Inc. (together with its
affiliates hereinafter referred to as the “Corporations”) and are
licensed for use by First Trust. The Fund has not been passed on by
the Corporations as to its legality or suitability. The Fund is not
issued, endorsed, sold or promoted by the Corporations. THE
CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT
TO THE FUND.
Important Information
The views and opinions expressed are for informational
purposes only. This material is not intended to be relied upon as
investment advice or recommendations, does not constitute a
solicitation to buy or sell securities (in any jurisdiction to any
person to whom it is not lawful to make such an offer) and should
not be considered specific legal, investment or tax advice.
For Investors in Mexico:
The fund has been cross-listed on the Bolsa Mexicana de Valores
and the Bolsa Institucional de Valores.
Investors should review all relevant offering materials,
including all applicable risk factors, and should consult with
financial and tax advisors relating to tax and other consequences
of investing in a particular security prior to making an
investment. None of the securities herein have been registered with
the National Securities Registry (Registro Nacional de Valores)
maintained by the Mexican National Banking and Securities
Commission (Comisión Nacional Bancaria y de Valores). Securities
not cross-listed on the Bolsa Mexicana de Valores and/or the Bolsa
Institucional de Valores nor registered with the National
Securities Registry (Registro Nacional de Valores) may not be
offered or sold publicly or otherwise be the subject of brokerage
activities in Mexico, except pursuant to the private placement
exemption set forth in article 8 of the Securities Market Law (Ley
del Mercado de Valores), to institutional and qualified investors,
as defined under Mexican law and rules thereunder.
The cross listing of the securities identified herein does not
constitute or imply a certification as to the investment quality of
such securities or the accuracy or completeness of the information
included in all offering materials. The offering materials are
solely First Trust’s responsibility and have not been reviewed or
authorized by the Mexican National Banking and Securities
Commission (Comisión Nacional Bancaria y de Valores) or the Bolsa
Mexicana de Valores and/or the Bolsa Institucional de Valores and
may not be publicly offered or distributed in Mexico. In making an
investment decision, all investors, including any Mexican investor,
must rely on their own examination of the relevant securities and
the marketing materials.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210715006074/en/
Ryan Issakainen First Trust (630) 765-8689
RIssakainen@FTAdvisors.com
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