First Trust Announces Adjournment of Special Shareholder Meeting to Approve New Investment Sub-Advisory Agreement with SSI Investment Management LLC for First Trust SSI Strategic Convertib...
First Trust SSI Strategic Convertible Securities ETF (FCVT)
US:NASDAQ Investor Relations:
ftportfolios.com/retail/etf/etfsummary.aspx?ticker=fcvt
Company Research
Source: Business Wire
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of First Trust SSI Strategic Convertible Securities ETF (Nasdaq: FCVT) (the “Fund”), a series of First Trust Exchange-Traded Fund IV (the “Trust”), has been adjourned in order to allow shareholders additional time to vote on a new investment sub-advisory agreement for the Fund and to permit additional solicitation of shareholders. The shareholder meeting will reconvene on Thursday, July 11, 2019 at 12:00 p.m. Central time at the offices of FTA at 120 East Liberty Drive, Suite 400, in Wheaton, Illinois.FTA previously announced that SSI Investment Management Inc. (“SSI Inc.”) intended to engage in an internal reorganization pursuant to which it would create a subsidiary, SSI Investment Management LLC (“SSI LLC”), and transfer its advisory business to SSI LLC. Such transfer has occurred and, effective June 1, 2019, Resolute Investment Managers, Inc. (“Resolute”)
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