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Wednesday, May 22, 2024

First Trust Global Funds PLC UK Regulatory Announcement: Net Asset Value (NAV)

Business Wire—On August 18, 2024, First Trust Vest U.S. Equity Moderate Buffer UCITS ETF (GAUG LN, IE000TGSG3Y5) reported that it had 100,002.00 shares in issue with a net asset value (NAV) of USD 2,829,620.13, equivalent to a NAV per share of 28.296 USD.

This information is important for investors and potential investors who are interested in tracking the performance of this specific ETF. The NAV per share is a key metric that can help investors assess the value of their investment in the fund. It represents the fund’s total assets minus its liabilities, divided by the number of outstanding shares. This provides a per-share value of the fund’s assets.

The First Trust Vest U.S. Equity Moderate Buffer UCITS ETF is designed to provide investors with exposure to the performance of the U.S. equity market while providing a buffer against losses within a pre-determined range. It is a UCITS-compliant exchange-traded fund that is listed on the London Stock Exchange.

Investors interested in U.S. equities may find this ETF appealing due to its moderate buffer feature, which can help protect against downside risk while still allowing for potential upside participation in the market. The ETF’s NAV per share is a reflection of the underlying value of the fund’s assets and can serve as a reference point for investors assessing the fund’s performance and its potential for returns.

With 100,002.00 shares in issue, the ETF has a significant presence in the market, offering investors ample liquidity should they wish to buy or sell shares. This can be an important consideration for investors looking to invest in or divest from the fund, as the availability of shares can impact the ease and cost of trading.

The ETF’s NAV per share of 28.296 USD as of August 18, 2024, provides investors with a tangible indicator of the fund’s underlying value. This can be especially useful for investors looking to track the performance of their investment in the fund over time and make informed decisions about their holdings.

Overall, the reported NAV per share and shares in issue for the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF serve as valuable information for investors and potential investors who are considering or already invested in the fund. It provides transparency and insight into the fund’s overall value and presence in the market, which can aid in informed decision-making and portfolio management.

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