| For a number of reasons, I’ve been following the First Trust Global Tactical Commodity Strategy Fund since its launch in late October 2013. For starters, FTGC is a pioneer in the commodities ETF space in two ways: its actively managed investment strategy; and the open-ended structure it has as a security registered under the Investment Company Act of 1940 Act, which gives it unique tax implications.
Of course, FTGC crushing its peers in performance jumped out at me as well. FTGC has managed to return more than 12 percent since its launch on Oct. 23, 2013. During that same period, the S&P GSCI Total Return Index—our benchmark for the segment—returned 4.6 percent...............................................Full Article: Source
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