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About FT PORTFOLIOS CANADA CO. VEST U S EQUITY BUFFER ETF - NOVEMBER
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Inception date
Feb 3, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
FT Portfolios Canada Co.
The fund uses options in an effort to moderate losses on an ETF SPY, over a one-year period starting each November. Using SPY is a slightly different approach than using S&P 500 index flex options. The fund foregoes some upside return on SPY, in exchange for preventing realization of the first 10% its losses, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.42%
Cash0.58%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NOVB.F last dividends amounted to 2.02 CAD. The year before, the issuer paid 2.12 CAD in dividends, which shows a 4.90% decrease.
NOVB.F assets under management is 36.00 M CAD. It's risen 2.79% over the last month.
NOVB.F fund flows account for 15.43 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NOVB.F pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Dec 31, 2024) amounted to 2.02 CAD. The dividends are paid annually.
NOVB.F shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Feb 3, 2020, and its management style is Passive.
NOVB.F expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
NOVB.F follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NOVB.F invests in cash.
NOVB.F price has risen by 3.88% over the last month, and its yearly performance shows a 7.00% increase. See more dynamics on NOVB.F price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.25% over the last month, showed a 10.43% increase in three-month performance and has increased by 17.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.25% over the last month, showed a 10.43% increase in three-month performance and has increased by 17.45% in a year.
NOVB.F trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.