First Trust Emerging Markets Equity Select ETF

Frequently Asked Questions About RNEM

What does RNEM invest in?

RNEM seeks stability by filtering the universe of large- and midcap emerging-market stocks for companies with historically low volatility of returns. Within each emerging market country, the fund selects the 25 stocks with the lowest volatility over the previous 12 months. The resulting portfolio is sorted into country/sector buckets, with each bucket set to market weight at each rebalance. Holdings are equal-weighted within the buckets. The funds use of a NASDAQ parent index means that it classifies both South Korea and Taiwan as emerging markets, which may not align with how they are classified in other emerging-market funds. The index is reconstituted and rebalanced semi-annually.

What is the expense ratio of RNEM?

First Trust Emerging Markets Equity Select ETF (RNEM) charges an expense ratio of 0.76%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RNEM?

First Trust Emerging Markets Equity Select ETF (RNEM) manages $16.9M 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 RNEM actively managed or an index fund?

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

When was RNEM launched?

First Trust Emerging Markets Equity Select ETF (RNEM) launched in June 2017 and is managed by First Trust.

How has RNEM performed?

RNEM'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.