RFEMFirst Trust RiverFront Dynamic Emerging Markets ETF
RFEM Fund Description
RFEM is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.
RFEM Factset Analytics Insight
RFEM’s active manager aims to pick winners within emerging market equities using a multi-factor approach. RiverFront, the fund’s sub-advisor, chooses holdings based on a proprietary scoring system which considers value, quality, and momentum factors. The sub-advisor also considers country, sector, and risk exposure, as well as liquidity. RFEM can hedge up to 100% of the portfolio’s currency exposure at its discretion using currency forwards and the spot market, dependent upon interest rate differentials and central bank policies. The fund can invest up to 20% of the portfolio in developed market equities, and has no explicit constraint on sector limitations.
RFEM MSCI ESG Analytics Insight
First Trust RiverFront Dynamic Emerging Markets ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.04 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 Emerging Markets ETF ranks in the 27th percentile within its peer group and in the 29th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RFEM 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.
RFEM Summary Data
RFEM Portfolio Data
RFEM Index Data
RFEM Portfolio Management
RFEM Tax Exposures
RFEM Fund Structure
RFEM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RFEM. RFEM is rated a 4 out of 5.
RFEM Sector/Industry Breakdown
RFEM Economic Development
RFEM Performance Statistics
RFEM MSCI ESG Ratings
RFEM Benchmark Comparison Summary
RFEM Benchmark Comparison Market Cap Size