First Trust Alternative Absolute Return Strategy ETF targets long-term capital appreciation through diverse asset investments.

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) is an exchange-traded fund that focuses on delivering long-term capital appreciation with an emphasis on absolute returns from a diversified portfolio of assets. The ETF employs a multi-strategy, alternative investment approach aimed at achieving positive returns under various market conditions through investments in equity securities, fixed-income securities, derivatives, and other financial instruments. The objective of FAAR is to provide investors with a hedge against market volatility, seeking to minimize risk while targeting consistent returns. Its strategies encompass a broad range of assets and markets, enabling a flexible response to changing economic landscapes.
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