First Belief Portfolios Canada Pronounces Cap, Buffer and Dates of November Buffer ETF

This doc corrects and replaces the press launch of FT Portfolios Canada Co. issued on November 17, 2023. There was an error within the listed final result interval, the reference ought to have learn “20/11/2023 – 15/11/2024” as corrected beneath.

TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. (“First Belief Canada”), introduced at the moment that the cap, buffer and dates for the subsequent Goal Final result Interval for the First Belief Cboe Vest U.S. Fairness Buffer ETF – November (NOVB.F) (the “fund” or “November Buffer ETF”) are as follows:

The earlier Goal Final result Interval for NOVB.F concluded on November 17, 2023 and the upside cap for the brand new Goal Final result Interval has been reset to prevailing market situations.

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

If an investor purchases hedged models after the primary day of the Goal Final result Interval, they’ll probably have a special return potential than an investor who bought hedged models firstly of the Goal Final result Interval and the buffer the fund seeks might not be obtainable.

First Belief Canada believes a buffer in opposition to a degree of losses might help traders keep invested throughout risky instances. The fund affords a option to acquire entry to outcome-based investing—particularly to buffer in opposition to a degree of draw back danger whereas permitting development to a most cap— eliminating financial institution credit score danger, in a handy, versatile funding automobile.

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

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For additional data: Media Contact: Susan Johnson, FT Portfolios Canada Co., 40 King Avenue West, Suite 5102, Electronic mail: susanjohnson@firsttrust.ca1-877-622-5552.

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 Alternate Fee registered funding advisor, and First Belief Portfolios L.P., a FINRA registered broker-dealer, are privately held corporations that present a wide range of funding companies. FTA has collective belongings beneath administration or supervision of roughly U.S.$188 billion as of October 31, 2023 via unit funding trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. For extra data, go to www.firsttrust.ca.

About Cboe Vest:
Cboe Vest is the creator of Goal Final result Investments®, which attempt to buffer losses, amplify features or present constant revenue to a various spectrum of traders. At present, 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 companies. 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, administration charges and bills related to ETF investments. ETFs are usually not assured, their values change incessantly and previous efficiency might not be 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.

Necessary Info

The knowledge offered shouldn’t be meant to represent an funding advice for, or recommendation to, any particular particular person. Monetary advisors are accountable for evaluating funding dangers independently and for exercising unbiased judgment in figuring out whether or not investments are acceptable for his or her shoppers.

Cboe® is a registered trademark of Cboe Alternate, Inc., which has been licensed to be used within the identify of the fund. The fund shouldn’t be sponsored, endorsed, bought or marketed by Cboe Alternate, 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 fund and shall don’t have any legal responsibility as licensor in reference to the fund.

First Belief Advisors L.P. is the portfolio advisor to the fund. First Belief Advisors L.P. is an affiliate of FT Portfolios Canada Co., the trustee, supervisor and promoter of the fund.

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