First Trust Managed Etf Profile
FMF Etf | USD 48.69 0.15 0.31% |
Performance9 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 48.69 as of the 30th of November 2024. This is a 0.31 percent decrease since the beginning of the trading day. The etf's lowest day price was 48.57. First Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for First Trust Managed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve positive returns that are not directly correlated to broad market equity or fixed income returns. Mstar Managed is traded on NYSEARCA Exchange in the United States. More on First Trust Managed
Moving together with First Etf
Moving against First Etf
First Etf Highlights
Thematic Ideas | (View all Themes) |
Old Name | Famur SA |
Business Concentration | MWIG40, WSE WIG INDEX, Long/short ETFs, Absolute Returns ETFs, Systematic Trend, First Trust (View all Sectors) |
Issuer | First Trust |
Inception Date | 2013-08-01 |
Benchmark | Not Applicable |
Entity Type | Regulated Investment Company |
Asset Under Management | 248.47 Million |
Average Trading Valume | 17,176.4 |
Asset Type | Commodities |
Category | Absolute Returns |
Focus | Long/Short |
Market Concentration | Blended Development |
Region | Global |
Administrator | Brown Brothers Harriman & Co. |
Advisor | First Trust Advisors L.P. |
Custodian | Brown Brothers Harriman & Co. |
Distributor | First Trust Portfolios L.P. |
Portfolio Manager | John Gambla, Rob Guttschow |
Transfer Agent | Brown Brothers Harriman & Co. |
Fiscal Year End | 31-Dec |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 11.0 |
Market Maker | Susquehanna |
Total Expense | 1.01 |
Management Fee | 0.95 |
Country Name | USA |
Returns Y T D | 8.02 |
Name | First Trust Managed Futures Strategy Fund |
Currency Code | USD |
Open Figi | BBG004XDZ7N7 |
In Threey Volatility | 8.04 |
1y Volatility | 7.66 |
200 Day M A | 48.5585 |
50 Day M A | 47.4376 |
Code | FMF |
Updated At | 30th of November 2024 |
Currency Name | US Dollar |
First Trust Managed [FMF] is traded in USA and was established 2013-08-01. The fund is classified under Systematic Trend category within First Trust family. The entity is thematically classified as Long/short ETFs. First Trust Managed currently have 194.51 M in assets under management (AUM). , while the total return for the last 3 years was 4.5%.
Check First Trust Probability Of Bankruptcy
First Trust Managed Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0402 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.19) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Managed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of First Trust Managed is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.