First Trust RiverFront Dynamic Developed International ETF

Frequently Asked Questions About RFDI

What does RFDI invest in?

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an actively managed exchange-traded fund designed to generate capital appreciation. To achieve this, the Fund typically allocates a minimum of 80% of its net assets (including assets acquired through borrowing) to a diverse portfolio of equity securities. These investments primarily target companies situated in developed international markets, and may include common stock, depositary receipts, real estate investment trusts (REITs), and forward foreign currency exchange contracts.

What is the expense ratio of RFDI?

First Trust RiverFront Dynamic Developed International ETF (RFDI) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RFDI?

First Trust RiverFront Dynamic Developed International ETF (RFDI) manages $161.3M 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 RFDI actively managed or an index fund?

RFDI is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RFDI's is 0.83%) in exchange for the discretion to over- or under-weight positions.

When was RFDI launched?

First Trust RiverFront Dynamic Developed International ETF (RFDI) launched in April 2016 and is managed by First Trust.

How has RFDI performed?

RFDI'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.