First Trust North American Energy Infrastructure Fund (EMLP)
About First Trust North American Energy Infrastructure Fund (EMLP)
Under normal market conditions, the Fund will invest at least 80 percent of its net assets (including investment borrowings) in equity securities of companies deemed by Energy Income Partners, LLC, the Funds investment sub-advisor (Energy Income Partners or the Sub-Advisor), to be engaged in the energy infrastructure sector. These companies principally include U.S. and Canadian natural gas and electric utilities, corporations operating energy infrastructure assets such as pipelines or renewable energy production, utilities, publicly-traded master limited partnerships or limited liability companies taxed as partnerships (MLPs), MLP affiliates, and other companies that derive the majority of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission and petroleum and natural gas storage in the petroleum, natural gas and power generation industries (collectively, energy infrastructure companies). The Fund will invest principally in energy infrastructure companies. In addition, under normal market conditions, the Fund will invest at least 80 percent of its net assets (including investment borrowings) in equity securities of companies headquartered or incorporated in the United States and Canada.
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First Trust North American Energy Infrastructure Fund News
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Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.