First Trust Announces Changes to Investment Strategies, Name and Other Related Matters for First Trust Merger Arbitrage ETF
WHEATON, Ill., January 27, 2026–(BUSINESS WIRE)–First Trust Advisors L.P. (“FTA”) announces the First Trust Merger Arbitrage ETF (NYSE Arca: MARB) (the “Fund”), a series of First Trust Exchange-Traded Fund III (the “Trust”), will change its investment strategies, name and other related matters, expected to occur early in the second quarter of 2026. The Fund’s new name will be the First Trust Equity Market Neutral ETF and the Fund’s new ticker will be NTRL. In connection with the change to the Fund’s name, the Fund will adopt a non-fundamental investment policy to invest at least 80% of its net assets (plus any borrowings for investment purposes) in financial derivative instruments (exchange-traded or over-the-counter) that…
