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First Trust SSI Strategic Convertible Securities ETF (OQ:FCVT)

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Company News

Apr 16, 2024 16:10 ET
First Trust Announces Shareholder Approval of New Investment Sub-Advisory Agreement and “Manager of Managers” Structure for First Trust SSI Strategic Convertible Securities ETF (Nasdaq: FCVT)
First Trust Advisors L.P. (“FTA”) announced today that the shareholders of First Trust SSI Strategic Convertible Securities ETF (Nasdaq: FCVT) (the “Fund”), a series of First Trust Exchange-Traded Fund IV (the “Trust”), voted at the special meeting of shareholders to approve for the Fund (1) a new investment sub-advisory agreement (the “New Sub-Advisory Agreement”) among the Trust, on behalf of the Fund, FTA, as investment advisor, and SSI Investment Management LLC (“SSI”), as investment sub-advisor, and (2) a “manager of managers” structure (the “Manager of Managers Structure”).
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Sep 29, 2023 16:05 ET
Board Approves New and Interim Investment Sub-Advisory Agreements for First Trust SSI Strategic Convertible Securities ETF (Nasdaq: FCVT)
First Trust Advisors L.P. (“FTA”) announced today that, in light of the anticipated closing of the transaction described below, the Board of Trustees (the “Board”) of First Trust Exchange-Traded Fund IV (the “Trust”) has voted to approve a new investment sub-advisory agreement with SSI Investment Management LLC (“SSI”) for First Trust SSI Strategic Convertible Securities ETF (Nasdaq: FCVT) (the “Fund”), a series of the Trust, subject to shareholder approval. Resolute Investment Managers, Inc. (“RIM”), an indirect wholly-owned subsidiary of Resolute Investment Holdings, LLC (“RIH”), currently h
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