RFDIFirst Trust RiverFront Dynamic Developed International
RFDI Fund Description
RFDI is an actively-managed fund that seeks capital appreciation from developed-country stocks (excluding 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 aims to pick winners among stocks based in developed markets around the world. 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 three countries outside the US. Additionally, RiverFront can hedge up to 100% of the portfolio's foreign currency exposure at its discretion. RFDI’s portfolio may comprise of companies of any market capitalization and may also invest up to 20% in emerging markets. Effective August 27, 2021, First Trust RiverFront Dynamic Asia Pacific ETF (RFAP) will be reorganized into this fund, approxametly $8.8 million in AUM.
RFDI MSCI ESG Analytics Insight
First Trust RiverFront Dynamic Developed International has an MSCI ESG Fund Rating of AAA based on a score of 8.60 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. First Trust RiverFront Dynamic Developed International ranks in the 86th percentile within its peer group and in the 53th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RFDI MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
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 4 out of 5.
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