First Trust Managed Futures Strategy Fund (FMF)

First Trust Managed Futures Strategy Fund (FMF) is an exchange-traded fund in the Systematic Trend category. It has $272.27M in assets, an expense ratio of 0.98% and a 4.99% dividend yield. The fund is an actively managed exchange-traded fund that seeks to achieve positive returns that are not directly correlated to broad market equity or fixed income returns. Under normal market conditions, the fund and a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands, invest significantly in a portfolio of exchange-listed futures.