The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FTSM’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FTSM management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FTSM’s parent organization’s priorities and whether they’re in line with investors’ interests.
Unimpressive.
Saraja Samant
Analyst
Summary
Recent team changes and an undistinguished approach make First Trust Enhanced Maturity an unappealing option.