RFDIFirst Trust RiverFront Dynamic Developed International
RFDI Fund Description
The First Trust RiverFront Dynamic Developed International ETF is an actively-managed fund that seeks capital appreciation from developed-country stocks (including the US) selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.
RFDI Factset Analytics Insight
RFDI's active manager aims to pick winners among stocks based in developed markets around the world, including the US. RiverFront, the fund's sub-advisor, chooses holdings based on a proprietary scoring system which considers multiple factors, including value, quality and momentum. The sub-advisor also considers geographic, sector and risk exposure, as well as liquidity. At least 40% of the fund will be invested in at least 3 countries outside the United States. Additionally, RiverFront can hedge up to 100% of the portfolio's foreign currency exposure at its discretion. RFDI's prospectus notes that the fund can invest up to 20% of the portfolio in emerging markets.
RFDI launched in April 2016. The fund charges one of the steepest fees in its segment, but is not overly expensive for active management.
RFDI MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 14, 2018 the First Trust RiverFront Dynamic Developed International MSCI ESG Fund Quality Score is 6.26 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. RFDI ranks in the 47th percentile within its peer group and in the 77th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
RFDI CHARTS AND PERFORMANCE
RFDI Top 10 Countries
RFDI Top 10 Sectors
RFDI Top 10 Holdings [View All]
RFDI Summary Data
RFDI Portfolio Data
RFDI Index Data
RFDI Portfolio Management
RFDI Tax Exposures
RFDI Fund Structure
RFDI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RFDI. RFDI is rated a 5 out of 5.
RFDI Sector/Industry Breakdown
RFDI TOP 10 HOLDINGS[View All]
RFDI Economic Development
RFDI Performance Statistics
RFDI MSCI ESG Ratings
RFDI BENCHMARK COMPARISON SUMMARY
RFDI BENCHMARK COMPARISON MARKET CAP SIZE