First Trust S&P International Dividend Aristocrats ETF

Frequently Asked Questions About FID

What does FID invest in?

The First Trust S&P International Dividend Aristocrats ETF (FID), formerly known as the International Multi-Asset Diversified Income Index Fund, is designed to replicate the price and yield performance of the S&P International Dividend Aristocrats Index. This objective is measured before the ETF's fees and expenses. Typically, under normal circumstances, the Fund commits a minimum of 90% of its net assets, including any investment borrowings, to the equity securities that constitute this underlying index. Employing an indexing strategy, the Fund's investment advisor aims for a high degree of alignment, specifically targeting a correlation of 0.95 or better between the ETF's performance and the Index's performance, again, prior to accounting for fees and expenses. A correlation of 1.00 would signify a perfect match.

What is the expense ratio of FID?

First Trust S&P International Dividend Aristocrats ETF (FID) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

What is FID's dividend yield?

FID's trailing-twelve-month yield is 3.99%, calculated from the sum of dividends over the past year divided by the current price.

How big is FID?

First Trust S&P International Dividend Aristocrats ETF (FID) manages $172.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FID actively managed or an index fund?

FID's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FID launched?

First Trust S&P International Dividend Aristocrats ETF (FID) launched in August 2013 and is managed by First Trust.