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First Trust Expands its Target Outcome ETFs® Lineup with New Buffer Series that Seeks to Provide Enhanced Upside Potential
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First Trust Suite of Target Outcome ETFs® Surpass $2 Billion in Total Net Assets
April 20, 2021 GMT
WHEATON, Ill. (BUSINESS WIRE) Apr 20, 2021
First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that the suite of First Trust Cboe Vest Target Outcome ETFs ® has surpassed $2 billion in total net assets.
The milestone highlights the successful relationship between First Trust, currently the second largest provider of actively managed funds in the U.S., and Cboe Vest, the asset management firm that started the revolution of packaging “defined outcome” or Target Outcome Investments ® in 1940 Act funds.