First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)
First Trust RiverFront Dynamic Emerging Markets ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $96.75, up 0.96% on the session, giving a market capitalisation of $82.2M. Its beta of 0.90 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund, known as the First Trust RiverFront Dynamic Emerging Markets ETF, is designed to deliver capital growth. Under typical market conditions, the Fund primarily pursues this goal by allocating a minimum of 80% of its net assets (which may include borrowed capital) to equity investments in companies operating within emerging markets. This investment approach includes holdings like ordinary shares, depositary receipts, real estate investment trusts, and forward foreign currency exchange contracts.
First Trust RiverFront Dynamic Emerging Markets ETF is most often compared with the following Financial Services names: