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Nasdaq OMX lists First Trust Strategic Income ETF

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First Trust has listed a new exchange-traded fund (ETF), the First Trust Strategic Income ETF, on The Nasdaq Stock Market.

"Finding ways to generate income for clients, while discerning the proper balance between yield and risk, is one of the toughest challenges facing financial advisors today," says Ryan Issakainen, senior vice president and ETF strategist at First Trust. "This ETF provides a low-cost alternative to traditional fixed-income funds, investing in a diversified group of income-producing, fixed-income and equity asset classes, each actively managed by a talented team of specialised asset managers."
 
FDIV seeks a high level of risk-adjusted income and diversification through the use of multiple asset classes, targeted investment strategies and specialised management teams. By tactically blending multiple investment strategies, which includes both fixed-income investments and income-producing equity securities, the fund may provide a lower risk, total return alternative to focusing solely on one strategy. This approach focuses on providing risk-adjusted income and capital appreciation potential by using the expertise of multiple specialist asset managers in a single investment portfolio.
 
"We strongly value our partnership with First Trust and are pleased to welcome FDIV, First Trust's latest exchange-traded fund innovation to list on The Nasdaq Stock Market," says Dave LaValle, head of exchange-traded product listings at Nasdaq OMX. "As First Trust continues to expand their product suite, we appreciate the confidence they have placed in the Nasdaq Exchange Traded Product platform, known for its scalability and end-to-end support for issuers."

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