First Trust Launches the First Trust Low Duration Strategic Focus ETF

First Trust Advisors L.P. (“First Trust”) announced today that it has launched a new actively managed exchange-traded fund, the First Trust Low Duration Strategic Focus ETF. The fund seeks to generate current income, with a secondary objective of preservation of capital. The fund seeks to achieve these objectives by allocating primarily among First Trust ETFs, but may also include other ETFs representing various asset classes, aimed at providing diversification benefits and less interest rate sensitivity when compared to traditional core fixed income benchmarks over time.