First Trust RiverFront Dynamic Emerging Markets ETF

Frequently Asked Questions About RFEM

What does RFEM invest in?

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.

What is the expense ratio of RFEM?

First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RFEM?

First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) manages $79.0M 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 RFEM actively managed or an index fund?

RFEM is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RFEM's is 0.99%) in exchange for the discretion to over- or under-weight positions.

When was RFEM launched?

First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) launched in June 2016 and is managed by First Trust.

How has RFEM performed?

RFEM'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.