First Trust to Liquidate Two Managed Volatility ETFs in January

First Trust will close and liquidate two NYSE Arca-listed ETFs: the First Trust Horizon Managed Volatility Small/Mid ETF and First Trust Horizon Managed Volatility Developed International ETF. The board approved both closures on September 9, determining that liquidation was in shareholders’ best interests. Trading and new creation orders will cease after January 8, 2027, with liquidation expected around January 15. Investors can sell shares through the final trading day; remaining shareholders will automatically receive their proportionate share of each fund’s net assets upon liquidation. Ahead of closure, the ETFs may shift increasingly into cash and similar instruments and are expected to stop following their stated investment strategies around January 8.