The First Trust FactorFX UCITS ETF is structured to provide investors with comprehensive returns, striving for less correlation with the broader equity and fixed-income markets over the medium to long term. This is achieved by strategically investing in the global foreign exchange landscape and associated financial instruments. This actively managed fund implements a diversified multi-factor investment strategy across both developed and emerging economies. Its primary holdings consist of government debt securities, which are denominated in a variety of local and international currencies, as well as other financial products directly linked to currency movements.