About First Trust Long/Short Equity ETF (FTLS)

The First Trust Long/Short Equity ETF (FTLS) is an exchange-traded fund that seeks to provide investors with long-term capital appreciation by investing in both long and short positions in equity securities. The fund is designed to actively manage risk and provide investors with the potential for positive returns in various market conditions.

FTLS utilizes a quantitative investment process that combines fundamental research and statistical analysis to identify attractive investment opportunities. The fund's portfolio managers seek to construct a diversified portfolio of equity securities that they believe will provide the best risk-adjusted returns. The portfolio managers may also utilize short positions to help manage risk and enhance returns.