ESBG First Trust Enhanced Stocks, Bonds & Gold ETF

About this ETF

First Trust Enhanced Stocks, Bonds & Gold ETF is an actively managed exchange-traded fund designed to provide investors with diversified exposure across three core asset classes: U.S. equities, intermediate U.S. Treasury bonds, and gold. The fund achieves this by utilizing exchange-traded futures contracts linked to the S&P 500 Index for stocks, U.S. Treasury futures for bonds, and gold futures for its precious metals allocation—accessed through a wholly owned Cayman Islands subsidiary. Notably, the ETF seeks to maintain a combined notional exposure of approximately 210% of its net assets, with each asset class typically representing around 70% of this exposure and the allocation rebalanced monthly. This leveraged structure allows the fund to efficiently allocate weightings to each core holding above the fund’s total net asset value, aiming for enhanced return potential. By integrating equities, fixed income, and gold, the ETF addresses distinct investment objectives: growth, stability, and diversification, respectively. Its multi-asset strategy positions it as a versatile tool for investors seeking broad market exposure and risk diversification within a single product, supported by the professional management and tactical allocation expertise of First Trust Advisors L.P.