First Trust Global Portfolios Management Announces New Funds
First Trust Global Portfolios Management Limited Financial Update
First Trust Global Portfolios Management Limited (FTGPM) has recently made significant announcements regarding the distribution of quarterly dividends for various sub-funds managed under the First Trust Global Funds plc umbrella. These funds are designed to cater to a diverse range of investment strategies and preferences, allowing investors to choose based on their financial goals.
Overview of Quarterly Distributions
FTGPM's announcement elaborated on the various funds that will be distributing dividends this quarter. Investors and stakeholders can take note of these distributions as they reflect the performance and profitability of the different sub-funds. Each fund has its unique ISIN, name, frequency of distribution, and amount of dividend per share.
Details of the Funds and Their Distributions
Below is a summary of the key funds and their respective quarterly distributions:
- ISIN: IE000C75IMX8 - Fund Name: First Trust Alerian Disruptive Technology Real Estate UCITS ETF Class B - Dividend: $0.1264 (USD)
- ISIN: IE00BF2FL590 - Fund Name: First Trust Eurozone AlphaDEX UCITS ETF Class B - Dividend: 0.2869 (EUR)
- ISIN: IE00BWTNM966 - Fund Name: First Trust Germany AlphaDEX UCITS ETF Class A - Dividend: 0.0264 (EUR)
- ISIN: IE00BD842Y21 - Fund Name: First Trust Global Equity Income UCITS ETF Class B - Dividend: $0.4835 (USD)
- ISIN: IE00BKS2X200 - Fund Name: First Trust Low Duration Global Government Bond UCITS ETF Class B - Dividend: 0.0860 (GBP)
- ISIN: IE00BKS2X317 - Fund Name: First Trust Low Duration Global Government Bond UCITS ETF Class C - Dividend: 0.1038 (EUR)
- ISIN: IE00BD9N0445 - Fund Name: First Trust United Kingdom AlphaDEX UCITS ETF Class B - Dividend: 0.2418 (GBP)
- ISIN: IE00BZBW4Z27 - Fund Name: First Trust US Equity Income UCITS ETF Class A - Dividend: $0.2483 (USD)
- ISIN: IE00079WNSI6 - Fund Name: First Trust US Equity Income UCITS ETF Class D - Dividend: 0.1672 (GBP)
- ISIN: IE00BWTNMB87 - Fund Name: First Trust US Large Cap Core AlphaDEX UCITS ETF Class B - Dividend: $0.1703 (USD)
These distributions reflect the underlying strength and performance of each specific fund, and they provide a consistent return for investors.
Important Dates for Investors
Understanding the timeline of dividend distributions is critical for investors. The expected ex-dividend date is the day after which new buyers will not receive the declared dividend. Here are the important dates:
- Ex-Dividend Date: 26 September 2024
- Record Date: 27 September 2024
- Payable Date: 9 October 2024
These dates are crucial in determining eligibility for the upcoming dividends, and investors should mark them on their calendars.
About First Trust Advisors L.P.
First Trust Advisors L.P. (FTA) serves as the advisor for a series of Irish domiciled UCITS funds that fall under the First Trust Global Funds plc umbrella. With a substantial management asset base exceeding $241 billion, FTA is an established player in the investment advisory space, dedicated to providing a range of financial solutions.
Understanding Risks and Market Volatility
Investing in these funds comes with inherent risks, including market fluctuations that can affect the value of the shares. Investors should be aware that the value of their investment can decline, and they could potentially lose some or all of their initial investment. It's essential for investors to perform due diligence and understand the risks associated with market conditions and various economic factors.
Conclusion
The announcement from First Trust Global Portfolios Management Limited about the quarterly distributions highlights their commitment to providing returns to investors through well-managed funds. As they continue to adapt to changing market conditions and investor needs, keeping an eye on these updates and understanding the associated risks can help investors make informed decisions.
Frequently Asked Questions
What is the purpose of the distribution announcement?
The announcement serves to inform investors about upcoming dividends for specific sub-funds, helping them plan their investments accordingly.
How often are dividends distributed by these funds?
The dividends for the mentioned sub-funds are declared quarterly, providing consistent returns to investors.
What should I consider before investing in these funds?
Investors should assess their financial goals, understand market risks, and consider the fees and charges associated with each fund.
Who manages the funds mentioned in the announcement?
The funds are managed by First Trust Global Portfolios Management Limited, with advisory services provided by First Trust Advisors L.P.
What are the risks involved in investing in these funds?
Investing in these funds involves risks such as market volatility, potential loss of principal, and currency risks, which investors should carefully evaluate.
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