Chile’s Pension Risk Rating Commission Approved Sale of Four Additional First Trust ETFs

First Trust Advisors L.P. a global ETF provider and asset manager, announced that Chilean pension funds investment risk rating commission, La Comisión Clasificadora de Riesgo (CCR), has approved four additional First Trust exchange-traded funds for sale to Chilean pension funds, known as la Asociación de Administradoras de Fondos de Pensiones (AFPs). According to Chile’s pension plan investment guidelines, before an ETF can be purchased in a pension fund, it must be approved by the CCR.