First Trust Merger Arbitrage ETF Investment Objectives and Goals - First Trust Merger Arbitrage ETF |
Jul. 31, 2025 |
|---|---|
| Prospectus [Line Items] | |
| Risk/Return [Heading] | <span style="font-family:Arial;font-size:12.60pt;font-weight:bold;">First Trust Merger Arbitrage ETF (MARB)</span> |
| Objective [Heading] | <span style="color:#000000;font-family:Arial;font-size:9.90pt;font-weight:bold;">Investment Objective</span> |
| Objective, Primary [Text Block] | The First Trust Merger Arbitrage ETF’s (the “Fund”) investment objective is to seek to provide investors with capital appreciation. |