First Belief Portfolios Canada Declares Cap, Buffer and Dates of February Buffer ETF

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TORONTO, Feb. 18, 2022 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. (“First Belief Canada”), introduced in the present day that the cap, buffer and dates for the following Goal Final result Interval for the First Belief Cboe Vest U.S. Fairness Buffer ETF – February (FEBB.F) (the “fund” or “February Buffer ETF”) are as follows:

TICKER CAP BUFFER OUTCOME PERIOD
FEBB.F 14.25% (Gross) 10% 22/02/2022 – 17/02/2023

The earlier Goal Final result Interval for FEBB.F concluded on February 18, 2022 and the upside cap for the brand new Goal Final result Interval has been reset to prevailing market situations.

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The fund seeks an end result that gives buyers with returns (earlier than charges, bills and taxes) that match the value return of the SPDR® S&P 500® ETF Belief (“SPY” or “underlying ETF”), as much as a predetermined upside cap, whereas offering a buffer towards potential SPY losses. The fund is managed and sub-advised by Cboe Vest Monetary LLC (“Cboe Vest”) utilizing a “goal end result technique” or pre-determined goal funding end result.

If an investor purchases hedged models after the primary day of the Goal Final result Interval, they may seemingly have a distinct return potential than an investor who bought hedged models at the beginning of the Goal Final result Interval and the buffer the fund seeks is probably not accessible.

First Belief Canada believes a buffer towards a degree of losses may help buyers keep invested throughout unstable instances. The fund gives a strategy to achieve entry to outcome-based investing—particularly to buffer towards a degree of draw back threat whereas permitting development to a most cap— eliminating financial institution credit score threat, in a handy, versatile funding automobile.

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Karan Sood and Howard Rubin, of Cboe Vest, function a portfolio managers for the fund. The portfolio managers are collectively and primarily answerable for making funding administration choices for the fund.

For additional data: Media Contact: Karl Cheong FT Portfolios Canada Co., 40 King Road West, Suite 5102, E mail: karlcheong@firsttrust.ca, 1-877-622-5552.

About First Belief

First Belief Canada is the trustee, supervisor and promoter of the fund. First Belief Canada and its associates First Belief Advisors L.P. (“FTA”), portfolio advisor to the fund, an Ontario Securities Fee registered portfolio supervisor and U.S. Securities and Change Fee registered funding advisor, and First Belief Portfolios L.P., a FINRA registered broker-dealer, are privately held corporations that present quite a lot of funding providers. FTA has collective belongings beneath administration or supervision of roughly U.S. $224 billion as of December 31, 2021 via unit funding trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. For extra data, go to www.firsttrust.ca.

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About Cboe Vest:

Cboe Vest is the creator of Goal Final result Investments®, which attempt to buffer losses, amplify positive aspects or present constant revenue to a various spectrum of buyers. At the moment, Cboe Vest’s Goal Final result StrategiesTM can be found in mutual funds, exchange-traded funds (ETFs), unit funding trusts (UITs), collective funding trusts (CITs), and customizable managed accounts / sub-advisory providers. For extra details about Cboe Vest and the evolution of Goal Final result Investments, go to www.cboevest.com or contact Linda Werner at lwerner@cboevest.com or 703-864-5483.

There could also be commissions, trailing commissions, administration charges and bills related to ETF investments. ETFs aren’t assured, their values change continuously and previous efficiency is probably not repeated. Please learn the prospectus of the fund earlier than investing. Contact FT Portfolios Canada at 1-877-622-5552 or go to www.firsttrust.ca to acquire a duplicate of the prospectus and ETF Details for the fund.

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Essential Info

The data introduced isn’t supposed to represent an funding advice for, or recommendation to, any particular particular person. Monetary advisors are answerable for evaluating funding dangers independently and for exercising impartial judgment in figuring out whether or not investments are applicable for his or her shoppers

Cboe® is a registered trademark of Cboe Change, Inc., which has been licensed to be used within the identify of the funds. The funds aren’t sponsored, endorsed, offered or marketed by Cboe Change, Inc. or any of its associates (“Cboe”) or their respective third-party suppliers, and Cboe and its third-party suppliers make no illustration relating to the advisability of investing within the funds and shall don’t have any legal responsibility as licensor in reference to the funds.

First Belief Advisors L.P. is the portfolio advisor to the funds. First Belief Advisors L.P. is an affiliate of FT Portfolios Canada Co., the trustee, supervisor and promoter of the funds. Monetary advisors are answerable for evaluating funding dangers independently and for exercising impartial judgment in figuring out whether or not investments are applicable for his or her shoppers.

Additional details about First Belief Canada’s ETFs may be discovered at www.firsttrust.ca.

CONTACT: Karl Cheong
  First Belief Portfolios Canada
  (416) 865-8053
  karlcheong@firsttrust.ca

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