For more stories like this, sign up for the PLANADVISERdash daily newsletter.
The funds are advised by First Trust Advisors LP. (First Trust). The addition of these funds will provide depth, choice and enhanced flexibility to financial advisers and their defined contribution plan sponsor clients, as well as retirement plan participants.
“We are seeing a rapidly growing demand for
non-mutual fund investment alternatives,” said John Daly, vice president of
401(k) investments at First Trust.