First Trust Advisors L.P. (First Trust), a global ETF provider and asset manager, announced today that it has cross-listed an additional UCITS ETF on the Mexican stock exchange, the Bolsa Mexicana de Valores and/or the Bolsa Institucional de Valores. As many institutional investors seek to invest within Mexico, First Trust is pleased to expand its offerings of UCITS funds. First Trust entered the Mexican market beginning in 2011. The additional listing brings the total number of Mexican listed First Trust UCITS ETFs to 11.
First Trust Value Line Dividend Index UCITS ETF (Ticker: FVD LN)
To complement our growing lineup of UCITS available to Mexico investors, we are pleased to cross list our First Trust Value Line Dividend Index UCITS ETF (FVD LN). This flagship U.S. equity strategy has over 17 years of history and was launched within the UCITS structure earlier this year. said April Reppy Suydam, Head of Latin America Distribution, First Trust.
For more information about First Trust, please contact Ryan Issakainen at (630) 765-8689 or [email protected].
About First Trust
First Trust, a federally registered investment advisor, and its affiliate First Trust Portfolios L.P. (FTP), a FINRA registered broker-dealer, are privately held companies that provide a variety of investment services. First Trust is the investment advisor to exchange-traded funds, closed-end funds, mutual funds, separate managed accounts and provides supervisory services to FTP sponsored unit investment trusts. First Trusts assets under management were approximately $127.524 billion as of 30 April 2020. This includes the supervisory services First Trust provides to FTP sponsored unit investment trusts, which are unmanaged. FTP is a sponsor of unit investment trusts and distributor of mutual fund shares and exchange-traded fund creation units. First Trust is based in Wheaton, Illinois. For more information, visit http://www.ftportfolios.com.
You should consider the funds investment objectives, risks, and charges and expenses carefully before investing. Contact First Trust Portfolios L.P. at 1-800-621-1675 to obtain a prospectus which contains this and other information about the fund. The prospectus should be read carefully before investing.
The Funds shares may change in value and may go down as well as up. You could lose money by investing in the fund.
The Fund is subject to Market Risk, which means that shares of the Fund may fall in value due to market fluctuations caused by factors such as economic, political, regulatory or market developments, changes in interest rates and perceived trends in securities prices.
There may be tracking difference between the Fund and the underlying index due to the impact of the annual Fund management fees. Therefore, the Funds returns may not match the returns of the index.
The outbreak of the respiratory disease designated as COVID‘19 in December 2019 has caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of the COVID‘19 pandemic may be short term or may last for an extended period of time, but in either case could result in an economic downturn or recession.
The Fund may invest in securities issued by companies concentrated in a particular industry or sector, or only in a specific geographical area, which involves additional risks including limited diversification.
The Fund may invest in small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies.
This Funds Net Asset Value (NAV) is likely to have high volatility due to the portfolio composition and/or the index replication technique. As such, potential investors should be aware that the Funds shares may change in value, and may do so in a volatile fashion; potential investors could lose money by investing in the Fund.
Neither First Trust Global Portfolios Limited (FTGP) nor any of its affiliates, guarantees the performance or the future returns of the Fund.
For more details relating to risks of investing in the Fund, please refer to the Risk Factors section of the Funds prospectus.
This information is not intended for distribution to, or use by, any U.S. investors and does not constitute an offer or solicitation of securities for sale in the United States. The shares of the Fund have not been registered under the U.S. Securities Act of 1933, as amended, and the Fund is not registered under the U.S. Investment Company Act of 1940, as amended.
The First Trust Value Line Dividend Index UCITS ETF (the Fund) is an open-ended sub-fund of the First Trust Global Funds PLC, an umbrella UCITS fund with segregated liability between sub-funds, incorporated with limited liability as an investment company with variable capital under the laws of Ireland with UCITS registered number 514357. Shares of the Fund are offered solely to non-US persons pursuant to the terms and conditions of the Funds prospectus. The Funds prospectus contains important information about the Fund and should be read carefully before investing. Please call 1-800-621-9533 to obtain a copy of the prospectus and the Key Investor Information Document. Prospective investors should consult their financial and tax advisor before making an investment in the Fund in order to independently assess the merits of such an investment.
This document does not constitute investment advice or an offer or solicitation to sell or a solicitation of an offer to buy any shares of any investment fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. It is the responsibility of any prospective investor to inform themselves of and to observe all applicable laws and regulations of any relevant jurisdictions. Prospective investors should inform themselves as to the legal requirements and tax consequences within the countries of their citizenship, residence, domicile and place of business with respect to the acquisition, holding or disposal of shares, and any foreign exchange restrictions that may be relevant thereto.
In no event shall First Trust Advisors L.P. or any of its affiliates have any liability for direct, indirect, special, incidental, punitive or consequential (including, without limitation, lost profits) losses or any damages resulting from the use of this material.
The fund lists and principally trades its shares on the London Stock Exchange, Bolsa Mexicana de Valores and/or the Bolsa Institucional de Valores.
The funds return may not match the return of the Value Line Dividend Index. Securities held by the fund will generally not be bought or sold in response to market fluctuations.
Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions. Market prices may differ to some degree from the net asset value of the shares. Investors who sell fund shares may receive less than the share’s net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from the fund by authorized participants, in very large creation/redemption units. If the fund’s authorized participants are unable to proceed with creation/redemption orders and no other authorized participant is able to step forward to create or redeem, fund shares may trade at a discount to the fund’s net asset value and possibly face delisting.
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
The views and opinions expressed are for informational purposes only. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities (in any jurisdiction to any person to whom it is not lawful to make such an offer) and should not be considered specific legal, investment or tax advice.
For Investors in Mexico:
The fund has been cross-listed on the Bolsa Mexicana de Valores and/or the Bolsa Institucional de Valores.
Investors should review all relevant offering materials, including all applicable risk factors, and should consult with financial and tax advisors relating to tax and other consequences of investing in a particular security prior to making an investment. None of the securities herein have been registered with the National Securities Registry (Registro Nacional de Valores) maintained by the Mexican National Banking and Securities Commission (Comisi³n Nacional Bancaria y de Valores). Securities not cross-listed on the Bolsa Mexicana de Valores nor registered with the National Securities Registry (Registro Nacional de Valores) may not be offered or sold publicly or otherwise be the subject of brokerage activities in Mexico, except pursuant to the private placement exemption set forth in article 8 of the Securities Market Law (Ley del Mercado de Valores), to institutional and qualified investors, as defined under Mexican law and rules thereunder.
The cross-listing of the securities identified herein does not constitute or imply a certification as to the investment quality of such securities or the accuracy or completeness of the information included in all offering materials. The offering materials are solely First Trusts responsibility and have not been reviewed or authorized by the CNBV or the BMV and may not be publicly offered or distributed in Mexico. In making an investment decision, all investors, including any Mexican investor, must rely on their own examination of the relevant securities and the marketing materials.
Value Line and Value Line Dividend Index are trademarks or registered trademarks of Value Line, Inc. (Value Line) and have been licensed for use for certain purposes by First Trust Advisors L.P. This product is not sponsored, endorsed, recommended, sold or promoted by Value Line and Value Line makes no representation regarding the advisability of investing in products utilizing such strategy. First Trust Advisors L.P. is not affiliated with any Value Line company.
Long-Term Damage Happening to Canada’s Airlines: CUPE
Monday’s financial update from Ottawa provided no support for Canada’s struggling airlines.
CUPE local 4070 represents 4,100 cabin crew members at WestJet and its affiliates. The union joined business, industry experts and others this week in sounding the alarm about the future of Canada’s airlines.
After months of inaction, Canada remains the only G7 country with no relief package for airlines,” said CUPE 4070 President Chris Rauenbusch.
“Our voices are raw from screaming about this issue: if the Liberals don’t do something immediately, Canada will be without airlines.” Rauenbusch said the Liberal approach of prioritizing regional service above all is the wrong approach. Rauenbusch said regional service thrives when airlines have thriving networks to connect to.
“Viewing regional service in isolation simply won’t work.”
Canadas airlines are losing market-share to well-supported carriers from around the world,” said Rauenbusch. “Over 100,000 Canadians employed by airlines are waiting for action, and we’re not seeing anything.
In a statement this week, the National Airlines Council of Canada (NACC) said, This lack of action does not reflect the economic importance of the sector to Canada’s overall recovery, nor the need to ensure Canada’s largest carriers can continue to compete internationally.
“If the Liberals keep ignoring the airline sector, we will never return to work,” said Rauenbusch. “And Canadians will travel on foreign carriers supported by foreign governments. This is not how we return our country to stability.
Protegrity Partners With Servian, Expanding Global Reach in Australia and New Zealand
Protegrity, the data-security solutions provider, has partnered with Servian, one of Australias leading IT consultancies, to deliver effective data protection to companies across Australia and New Zealand (ANZ) that are implementing AI, analytics, customer engagement, and cloud solutions. A primary objective for Protegrity and Servian is securing data for companies using Snowflake, a cloud data platform provider and Protegrity partner. Snowflake has grown rapidly in the ANZ market and its partnership with Protegrity enables customers to deploy Protegrity’s data de-identification technology to protect any data housed in Snowflake’s managed cloud data warehouse. Servian and Protegrity will also work with joint customers to ensure compliance with evolving data privacy regulations and uphold the privacy of individuals while empowering companies to unlock the full potential of their data.
Protegritys data protection offerings are closely aligned with our mission to enable customers to use data and analytics to further establish their competitive advantage, said Tristan Sander, Partner at Servian. We look forward to working with Protegrity to deliver market-leading data security solutions to our customers.
Protegrity has witnessed a growing demand for data security solutions in ANZ as companies in the region have become increasingly mindful of how they manage their data and comply with GDPR and other codified expectations “ including the Australian Privacy Principles Act and the Asia Pacific Economic Cooperation (APEC) Cross Border Privacy Rules (CBPR) “ to protect customer privacy. The prominent expansion of Snowflake in ANZ has also contributed to Protegritys visibility in the region. Protegrity for Snowflake provides the control businesses need to protect data in the cloud beyond encryption and data masking. With Protegrity’s format-preserving data protection, data and analytics professionals can perform analytics directly on de-identified data without having to unprotect or re-identify the data.
Weve seen an increasing demand from companies in the ANZ region who are implementing AI, analytics, and cloud technologies, said Protegrity President and CEO Rick Farnell. Protegrity is purpose-built for hybrid-cloud and multi-cloud environments and our proven data-protection capabilities enable businesses to extract intelligence-driven insights from their most sensitive data and deliver better customer experiences. Together, Protegrity, Servian, and Snowflake are embarking on a journey to safely accelerate the democratization of data, allowing our mutual customers to further their innovation while protecting sensitive data “ no matter where it resides.
Register today for an on-demand webinar with Protegrity, Servian, and Snowflake to learn how this partnership gives companies the confidence to use and share data across business lines while reducing the risk of breaches of sensitive data.
Protegrity, a global leader in data security, protects sensitive data everywhere and future-proofs businesses as data-privacy regulations evolve. Maintaining privacy today across distributed data has become impossibly complicated. With Protegrity, enterprises can secure data wherever it resides, control how its protected, and have confidence that data is safe, even if a breach occurs. The Protegrity Data Protection Platform is a modern alternative to traditionally complex data-protection methods that leave gaps in security. Whether encrypting, tokenizing, or applying privacy models, Protegrity protects data at the speed of business. Deep integrations with Snowflake, Amazon Redshift, Teradata, Oracle, Microsoft SQL Server, Cloudera, Databricks, and many other enterprise applications ensure that data remains fully protected in hybrid-cloud, multi-cloud, and on-premises environments without performance penalties. The platforms fine-grained data protection anonymizes personally identifiable information (PII) thats used in AI and machine learning models, providing faster access to critical analytics data and dramatically shortening the time to business insights. Protegrity protects the sensitive data of over one billion individuals across global enterprises, including five of the worlds 40 largest banks, five out of 10 of the top health insurance providers, and three of the worlds leading multinational companies. With more than two decades of industry-leading innovation, Protegrity allows businesses to finally tap into the value of their data and accelerate digital transformation timelines “ without jeopardizing individuals fundamental right to privacy.
Bhava Communications for Protegrity
To Help Fleet Customers Make the Switch to Electric Vehicles, PG&E Introduces EV Fleet Savings Calculator
Today, Pacific Gas and Electric Company (PG&E) announced a new online tool for companies and organizations considering transitioning their fleets to electric vehicles (EVs). PG&Es new EV Fleet Savings Calculator allows business customers and public agencies with medium- to heavy-duty fleet vehicles to explore EV investment estimates based on their own fleet sizes, infrastructure, budget and other factors.
Transportation is the single largest source of climate-related pollution in California, contributing to 41% of greenhouse-gas emissions across the state. Heavy- and medium-duty vehicles often use diesel, which is a highly polluting fuel. EVs are four times more efficient than diesel and natural gas engines and offer significant fuel cost savings.
Expanding the use of electric vehicles is essential for California to achieve its bold climate and clean-air goals. PG&E has been an active partner in helping make EVs an option for millions of Californians, including for our business and public agency customers who are transitioning their fleets to electric vehicles. Reducing vehicle emissions is good for our state and good for the environment in which we all live,” said PG&E Corporation Interim CEO Bill Smith.
PG&Es own commitment to further electrify its vehicle fleet by 2030 includes 100% of its light-duty fleet, 10% of its medium-duty fleet and 5% of its heavy-duty fleet.
In addition to the new EV Fleet Savings Calculator, PG&E offers business and public agency customers innovative rate options as well as its EV charging infrastructure program for fleets.
PG&Es New Tool for Electrifying Medium- and Heavy-Duty Fleet Vehicles
For customers with fleets that are making the transition to electric, an essential step in the process is understanding the costs and potential cost savings when deploying EVs. PG&Es new EV Fleet Savings Calculator, using calculations based on PG&Es new Business EV Rate, allows business and public agency customers to evaluate their fleet plans by analyzing how much they can save by switching to EVs.
The tool helps customers better understand key total cost of ownership factors including incentives, energy costs, infrastructure considerations and participation in Californias statewide Low Carbon Fuel Standard (LCFS). After customers input information on vehicles and usage, the tool offers recommendations for charging infrastructure, charging schedule based on fleet needs, how much they can save on fuel costs, revenue they could generate from LCFS, and estimated reductions in greenhouse-gas emissions.
PG&Es Business EV Rate
This year, PG&E launched its new Business EV Rate to support charging needs for businesses and public agencies, as well as apartment buildings and other public locations. On average, EV customers on the new rate can save up to 40% on charging costs compared to previous rate options, although actual bill impacts will vary for each customer depending on types of vehicles and charging patterns.
Customers on PG&Es Business EV Rate achieve cost savings through a new feature called a subscription charge, which allows customers to choose the amount of kilowatt power they need for their charging stations, similar to choosing a data plan for a phone bill. This subscription charge can be much lower than current rate options, and allows customers to have simpler, more consistent monthly costs.
On the Business EV Rate, customers pay for the electricity used by the EV chargers and the monthly subscription charge. Customers can always adjust their subscription levels up or down to meet their changing needs for EV charging.
Access to more affordable rates and greater bill certainty will help innovative California businesses make new investments in EV charging infrastructure and expand their EV fleets. Learn more at pge.com/businessevrate
PG&Es EV Fleet Program
PG&Es EV Fleet program helps customers with medium-duty, heavy-duty and off-road fleets begin to transition their fleet vehicles to clean electricity to save money, eliminate tailpipe emissions and simplify maintenance. By 2024, the program aims to help more than 700 organizations deploy more than 6,500 EVs across numerous medium- and heavy-duty fleet categories.
Through the EV Fleet program, PG&E builds the electrical infrastructure for customers medium- to heavy-duty EVs from the utility pole (electric service) to the customer meter or to the charger depending on which ownership option the customer chooses. PG&E comprehensively helps customers across all facets of EV charging including available incentives and rebates, site design and permitting, construction and activation, and maintenance and upgrades.
Customers are encouraged to reach out to PG&E early as they consider electrifying their fleets. Customers can submit an interest form and learn more at pge.com/evfleet.
PG&E Ongoing Support for EV Customers
Today, approximately 303,000 EVs are registered in PG&Es service area “ roughly one in every five EVs in the nation. PG&E continues to make it easier for customers to consider EVs through special rates, a total cost of ownership tool, and rebates, as well as the construction of a charging infrastructure through its EV Charge Network, EV Fleet and EV Fast Charge programs. These programs are each working toward the states larger goals of 250,000 charging stations, including 10,000 fast chargers, and 200 hydrogen fueling stations statewide by 2025.
To learn more about PG&Es support for customers with EVs, rates for EV drivers and other resources, visit pge.com/ev.
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation’s cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.
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