|Bid||18.33 x 0|
|Ask||18.51 x 0|
|Day's Range||18.38 - 18.38|
|52 Week Range||18.32 - 19.30|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||4.83%|
|Beta (3Y Monthly)||0.02|
|Expense Ratio (net)||0.85%|
TORONTO, Nov. 04, 2019 -- FT Portfolios Canada Co. (the “Manager”), the manager of First Trust Short Duration High Yield Bond ETF (CAD-Hedged) (“FSD”) (TSX: FSD) (TSX:FSD.A).
TORONTO, Oct. 24, 2019 -- FT Portfolios Canada Co., the manager of First Trust Short Duration High Yield Bond ETF (CAD- Hedged) (the “Fund”) (TSX: FSD) (TSX:FSD.A) announced.
FT Portfolios Canada Co. (the “Manager”), the manager of First Trust Short Duration High Yield Bond Fund ETF (CAD-Hedged) (“FSD”) (FSD.TO) (FSD-A.TO) and First Trust Senior Loan ETF (CAD-Hedged) (“FSL”) (FSL.TO) (FSL-A.TO), is pleased to announce that the board of directors of the Manager has approved a proposal to merge FSD into FSL, another exchange-traded fund managed by the Manager, in order to combine FSD and FSL into one fixed income exchange-traded fund with FSL being the continuing fund (the “Proposal”). Underlying investment exposure - The investment objectives and investment strategy of FSD and FSL are similar in that both funds are designed to provide a high level of current income with capital appreciation as a secondary objective, however, FSL provides unitholders with investments in senior floating rate loans, that include loans of issuers with strong credit metrics, including strong cash flows and effective management teams.