First Trust launch Actively Managed Enhanced Short Maturity ETF

The First Trust Enhanced Short Maturity ETF uses an actively managed strategy that invests in short-duration securities, which are primarily U.S. dollar-denominated,
investment-grade securities. 

The fund will be invested across a broad range of asset classes to maintain diversification and at least 80% of the fund’s assets will be investment-grade securities at the time of purchase. For those who are willing to take on some additional risk, an actively managed, short-duration strategy may offer the potential for enhanced income, while focusing on preservation of capital and daily liquidity.