TORONTO, May  17, 2018  (GLOBE NEWSWIRE) -- FT Portfolios Canada Co. ("First Trust Canada"), a privately owned company is pleased to announce the launch of the First Trust International Capital Strength ETF (TSX:FINT).

The First Trust International Capital Strength ETF seeks to provide unitholders with long term capital appreciation by investing primarily in equity securities of developed market companies, excluding the US and Canada, that are traded on global exchanges, with a focus on fundamental strength and growth. Currently, the First Trust International Capital Strength ETF seeks to achieve its investment objective by investing in securities of developed market companies, excluding the U.S. and Canada. Securities invested in by the First Trust International Capital Strength ETF include common shares of public companies and American Depository Receipts, Global Depository Receipts and European Depository Receipts that are traded on global exchanges or markets.

“We believe financial advisors are seeking concentrated actively managed ETF portfolios that make greater use of the inherent cost advantages of the ETF structure relative to actively managed mutual funds,” said Karl Cheong, CFA, Head of Distribution at First Trust Canada. “We believe this actively managed ETF provides an efficient tool for financial advisors to use when allocating to developed international equity markets, aided by First Trust Advisors’ insight and expertise in security selection and portfolio management,” said Cheong.

About First Trust

The First Trust companies are a well-respected global enterprise with a history in the U.S. market since 1991 and in Canada since 1996.  As at April 30, 2018, First Trust Advisors L.P., the portfolio advisor for the First Trust International Capital Strength ETF, had approximately US$122.6 billion in total assets under supervision or management. First Trust is the enterprise name used for the various businesses conducted in Europe, Mexico, Canada and the U.S.

Further information about First Trust Canada's ETFs can be found at www.firsttrust.ca
Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

SOURCE FT Portfolios Canada Co.

For further information: Media Contact: Karl Cheong FT Portfolios Canada Co., 40 King Street West, Suite 5102, Email: [email protected], 1-877-622-5552