First Trust Private Assets Fund
Rating
Reward
Risk
Fund Information
Fund Type
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
Top Holdings
There are no holdings to display.
Performance
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7-Day Total Return
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90-Day Total Return
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Year to Date Total Return
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Last Bear Market Total Return
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Forward Dividend Yield
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Price
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1-Month High
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52-Week Low
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NAV
1-Month Low
1-Month High
52-Week Low
52-Week High
Beta / Standard Deviation
Beta
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Standard Deviation
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Company Information
Provider
First Trust
Manager/Tenure
(Years)
(Years)
Brian Murphy (3), Michael Peck (3)
Website
Address
First Trust
Wheaton Illinois - 60187
Wheaton Illinois - 60187
Country
United States
Phone Number
800-621-1675
Investment Strategy
The investment seeks to generate capital appreciation over the medium- and long-term through investments in private assets globally. Under normal circumstances, the fund seeks to achieve its objective by investing at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in “private assets”. The fund manager will allocate its capital to a diverse group of independent underlying managers that pursue a variety of strategies. The fund is non-diversified.