First Trust RiverFront Dynamic Developed International ETF (RFDI)

Overview

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an actively managed ETF that seeks to provide capital appreciation. It invests primarily in developed international equity securities, dynamically adjusting exposure based on RiverFront's investment process, which incorporates risk management and macroeconomic analysis.

Reputation and Reliability

First Trust is a well-established ETF issuer with a reputation for providing innovative investment solutions. They have a long track record in the ETF market.

Management Expertise

RiverFront Investment Group serves as the sub-advisor to the fund and provides management expertise using their proprietary investment approach.

Goal

The fund's primary investment objective is to seek capital appreciation.

Investment Approach and Strategy

Strategy: The ETF is actively managed and does not track a specific index. Its strategy involves dynamically allocating assets based on a proprietary investment approach incorporating risk management.

Composition The ETF predominantly holds developed international equity securities. The composition changes over time according to market conditions and RiverFront's analysis.

Market Share: Data not available to provide an accurate market share.

Total Net Assets (AUM): 21730000

Key Competitors

• VEA
• IEFA
• SPDW

Competitive Landscape

The developed international equity ETF market is highly competitive, with several large, passively managed ETFs dominating market share. RFDI differentiates itself through active management and dynamic asset allocation, offering potential outperformance but also higher risk compared to passive index trackers. Its smaller AUM presents a disadvantage relative to larger competitors with greater economies of scale and liquidity.

Historical Performance: Historical performance data is not available in this format.

Benchmark Comparison: Benchmark comparison data is not available in this format.

Expense Ratio: 0.85

Average Trading Volume

The ETF's average trading volume is relatively low, which could affect the ease of buying and selling shares.

Bid-Ask Spread

The bid-ask spread for RFDI can vary but tends to be wider than more liquid ETFs due to lower trading volume.

Market Environment Factors

Global economic growth, interest rate policies of developed market central banks, and geopolitical events can significantly influence the performance of RFDI.

Growth Trajectory

The growth trajectory of RFDI depends on the effectiveness of RiverFront's active management strategy and the attractiveness of developed international equities relative to other asset classes. Changes in strategy and holdings will reflect RiverFront's market outlook.

Competitive Edge

RFDI's competitive edge lies in its active management approach, which aims to outperform passive benchmarks through dynamic asset allocation. RiverFront's investment process focuses on risk management and macroeconomic analysis to adjust portfolio exposures. This active approach is intended to provide downside protection during market downturns and capture upside potential in favorable environments. However, active management fees are higher than those of passive ETFs.

Volatility

RFDI's volatility will be influenced by the volatility of the underlying developed international equity markets and RiverFront's active management decisions.

Market Risk

RFDI is exposed to market risk associated with fluctuations in international equity markets, currency risk related to foreign investments, and political and economic risks specific to developed international countries.

Ideal Investor Profile

The ideal investor for RFDI is one seeking capital appreciation with a higher risk tolerance and a preference for active management in developed international equities.

Market Risk

RFDI may be suitable for long-term investors seeking potential outperformance relative to passive international equity benchmarks, but who are comfortable with higher fees and the risks associated with active management.

First Trust RiverFront Dynamic Developed International ETF is an actively managed ETF focused on capital appreciation through investments in developed international equity markets. Its performance is driven by RiverFront's dynamic asset allocation and risk management approach. The ETF offers potential outperformance compared to passive benchmarks but also comes with higher fees and the risks inherent in active management. RFDI is best suited for investors with a higher risk tolerance seeking exposure to developed international equities with active management.

• VEA
• IEFA
• SPDW
• SCHF
• ACWX

Data Sources:

• First Trust Website
• ETF.com
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data is not directly available from primary sources and is based on estimates.