First
Trust
Exchange-Traded
Fund |
Ticker
Symbol: |
BGLD |
Exchange: |
Cboe
BZX |
Management
Fees |
|
Distribution
and Service (12b-1) Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
You
should only
consider this investment if: |
You
should not
consider this investment if: |
•you
fully understand the risks inherent in an investment in
the
Fund; |
•you
do not fully understand the risks inherent in an
investment
in the Fund; |
•you
desire to invest in a product with a return that
depends
upon the performance of the Underlying ETF
over
the Target Outcome Period; |
•you
do not desire to invest in a product with a return that
depends
upon the performance of the Underlying ETF
over
the Target Outcome
Period; |
You
should only
consider this investment if: |
You
should not
consider this investment if: |
•you
are willing to hold shares for the duration of the
Target
Outcome Period in order to achieve the outcomes
that
the Fund seeks to provide; |
•you
are unwilling to hold shares for the duration of the
Target
Outcome Period in order to achieve the outcomes
that
the Fund seeks to provide; |
•you
fully understand that investments made when the
Fund
is at or near to the cap may have limited to no
upside; |
•you
do not fully understand that investments made when
the
Fund is at or near to the cap may have limited to no
upside; |
•you
are willing to forgo any gains in excess of the cap; |
•you
are unwilling to forgo any gains in excess of the
cap; |
•you
are not seeking an investment that provides
dividends
to shareholders; |
•you
are seeking an investment that provides dividends to
shareholders; |
•you
fully understand that investments made after the
Target
Outcome Period has begun may not fully benefit
from
the buffer; |
•you
do not fully understand that investments made after
the
Target Outcome Period has begun may not fully
benefit
from the buffer; |
•you
are willing to accept the risk of losing your entire
investment;
and |
•you
are unwilling to accept the risk of losing your entire
investment;
and |
•you
have visited the Fund’s website and understand the
investment
outcomes available to you based upon the
time
of your purchase. |
•you
have not visited the Fund’s website and do not
understand
the investment outcomes available to you
based
upon the timing of your
purchase. |
|
|
|
|
|
|
|
|
|
1
Year |
Since
Inception |
Inception
Date |
Return
Before Taxes
|
- |
- |
|
Return
After Taxes on Distributions
|
- |
- |
|
Return
After Taxes on Distributions and Sale of Fund Shares
|
- |
- |
|
LBMA
Gold Price (reflects no deduction for fees, expenses or
taxes) |
- |
- |
|
S&P
500®
Index - Price Return (reflects no deduction for fees, expenses or
taxes) |
- |
- |
|
|
|
Average
Annual |
Cumulative |
|
1
Year |
Inception
(1/20/2021) |
Inception
(1/20/2021) |
Fund
Performance |
|
|
|
Net
Asset Value |
-2.41% |
-3.97% |
-7.58% |
Market
Price |
-2.46% |
-4.02% |
-7.68% |
Index
Performance |
|
|
|
LBMA
Gold Price |
-0.43% |
-1.18% |
-2.28% |
S&P
500®
Index - Price Return |
-19.44% |
-0.16% |
-0.32% |
|
Year
Ended December 31, |
Period
Ended
12/31/2021(a)
|
|
2022 | |
Net
asset value, beginning of period |
$18.93 |
$19.99 |
Income
from investment operations: |
|
|
Net
investment income (loss) |
0.08 |
(0.08
) |
Net
realized and unrealized gain (loss) |
(0.54
) |
(0.98
) |
Total
from investment operations |
(0.46
) |
(1.06
) |
Distributions
paid to shareholders from: |
|
|
Net
investment income |
(0.05
) |
— |
Return
of Capital |
(0.02
) |
— |
Total
distributions |
(0.07
) |
— |
Net
asset value, end of period |
$18.40 |
$18.93 |
Total
Return (b) |
(2.41
)% |
(5.30
)% |
Ratios/supplemental
data: |
|
|
Net
assets, end of period (in 000’s) |
$12,879 |
$17,980 |
Ratios
to average net assets: |
|
|
Ratio
of total expenses to average net assets |
0.90
% |
0.90
%(c) |
Ratio
of net investment income (loss) to average net
assets |
0.37
% |
(0.87
)%(c) |
Portfolio
turnover rate (d)
|
0
% |
0
% |
First
Trust
Exchange-Traded
Fund |