First Trust Dorsey Wright International Focus 5 ETF

Frequently Asked Questions About IFV

What does IFV invest in?

This exchange-traded fund (ETF) is designed to mirror the overall investment performance – encompassing both capital appreciation and income generation – of a specific benchmark, the Dorsey Wright International Focus Five Index. Its objective is assessed prior to the deduction of the fund's own fees and operational expenses.

What is the expense ratio of IFV?

First Trust Dorsey Wright International Focus 5 ETF (IFV) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IFV?

First Trust Dorsey Wright International Focus 5 ETF (IFV) manages $229.0M 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 IFV actively managed or an index fund?

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

When was IFV launched?

First Trust Dorsey Wright International Focus 5 ETF (IFV) launched in July 2014 and is managed by First Trust.

How has IFV performed?

IFV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.