First Trust Multi-Strategy Fund - Class I 

A portion of this fund's capital is entrusted to a team of seasoned investment managers, who apply a diverse array of strategies and styles. The fund possesses the ability to commit a significant percentage, up to 85% of its net holdings, to derivative instruments. This can include structured financial products, options, futures contracts, forward foreign exchange agreements, and various types of swaps, such as credit-default swaps.