The fund features synthetic autocallable exposure on broad-based US equity indices hedged by BNP Paribas, J.P. Morgan and Citi.

First Trust Advisors (First Trust) has rolled out the FT Vest Laddered Autocallable Barrier & Income ETF, about three months after filing the product to the US Securities and Exchange Commission (SEC). This ETF provides a transparent and liquid version of a strategy that’s gained popularity among investors -  Ryan Issakainen, First Trust Listed on NYSE Ara since Tuesday (24 February), the actively managed fund (ticker: ACYN) seeks to provide investors with distributions while