FBDC

📎 Investment Objective

The FT Confluence BDC & Specialty Finance Income ETF (FBDC) seeks to provide investment results that correspond generally to the performance of the Confluence BDC & Specialty Finance Index, which is designed to track the performance of publicly traded business development companies (BDCs) and specialty finance companies.

✨ Key Features

• Provides exposure to the BDC and specialty finance sectors
• Tracks an index designed to measure the performance of publicly traded BDCs and specialty finance companies
• Potentially offers investors access to the income and growth potential of the BDC and specialty finance industries
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Sector concentration risk as the fund is focused on the BDC and specialty finance industries
• Potential volatility and risk associated with investing in smaller, less liquid companies
• Credit and default risk as BDCs and specialty finance companies provide financing to businesses
• Lack of performance history as the fund is new and has limited trading data

👤 Best For

This ETF may be suitable for investors seeking exposure to the BDC and specialty finance sectors as part of a diversified portfolio. It may be of particular interest to investors looking to potentially generate income and capitalize on the growth potential of these specialized financial companies. However, due to the fund's limited history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.