-

First Trust Announces Timeline for Changes to Investment Strategies, Name and Other Related Matters for First Trust Merger Arbitrage ETF

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announces the changes to the investment strategies, name and other related matters, previously announced on January 27, 2026, for the First Trust Merger Arbitrage ETF (NYSE Arca: MARB) (the “Fund”), a series of First Trust Exchange-Traded Fund III, are expected to occur in late June 2026.

FTA is a federally registered investment advisor and serves as the Fund’s investment advisor. FTA 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. FTA has collective assets under management or supervision of approximately $342 billion as of April 30, 2026 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and SMAs. FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. FTA and FTP are based in Wheaton, Illinois.

You should consider the Fund’s investment objective, risks, charges and expenses carefully before investing. You can download a prospectus or contact FTA to request a prospectus, which contains other information about the Fund. Read it carefully before you invest. The risks of investing in the Fund are spelled out in its prospectus, shareholder reports and other regulatory filings.

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 and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.

This press release does not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

This press release contains certain forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding the goals, beliefs, plans or current expectations of FTA and its respective representatives, taking into account the information currently available to them. Forward-looking statements include all statements that do not relate solely to current or historical fact. For example, forward-looking statements include the use of words such as “anticipate,” “estimate,” “intend,” “expect,” “believe,” “plan,” “may,” “should,” “would,” “will” or other words that convey uncertainty of future events or outcomes. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of a Fund to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. When evaluating the information included in this press release, you are cautioned not to place undue reliance on these forward-looking statements, which reflect the judgment of FTA and its respective representatives only as of the date hereof. No obligation will be undertaken to publicly revise or update these forward-looking statements to reflect events and circumstances that arise after the date hereof.

The Fund’s daily closing price and net asset value per share as well as other information can be found at www.ftportfolios.com.

Contacts

Press Inquiries
Ryan Issakainen
630-765-8689

Broker Inquiries
Sales Team
866-848-9727

First Trust Advisors L.P.

NYX:MARB

Release Versions

Contacts

Press Inquiries
Ryan Issakainen
630-765-8689

Broker Inquiries
Sales Team
866-848-9727

More News From First Trust Advisors L.P.

First Trust Launches First Trust Bloomberg Space Economy ETF

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust Bloomberg Space Economy ETF (NYSE Arca: FSPC) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the Bloomberg Space Economy Index (the “index”). Space has quietly become one of the most consequential infra...

First Trust Introduces FT Vest Silver Strategy & Target Income ETF (SLVY)

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”) announced today that it has launched the FT Vest Silver Strategy & Target Income ETF (Cboe BZX: SLVY) (the “fund”). SLVY is an actively managed exchange-traded fund (“ETF”) that seeks to provide investors with current income and capital appreciation. Managed by Vest Financial LLC, the fund combines options contracts referencing the iShares Silver Trust (“SLV”) and short-term U.S. Treasury securities to pursue both goa...

First Trust Announces Changes to Investment Strategies, Name and Other Related Matters for First Trust RiverFront Dynamic Developed International ETF

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announces the First Trust RiverFront Dynamic Developed International ETF (Nasdaq: RFDI) (the “Fund”), a series of First Trust Exchange-Traded Fund III (the “Trust”), will change its investment strategies, name and other related matters, expected to occur on or around September 14, 2026. The Fund’s new name will be the First Trust Active Factor International ETF and the Fund’s new ticker will be AFDM. In connection with the change...
Back to Newsroom