First Trust Mid Cap US Equity Select ETF

Frequently Asked Questions About RNMC

What does RNMC invest in?

The fund will normally invest at least 90% of its net assets in the common stocks and real estate investment trusts ("REITs") that comprise the index. The index is designed to select dividend-paying securities issued by mid capitalization U.S. companies.

What is the expense ratio of RNMC?

First Trust Mid Cap US Equity Select ETF (RNMC) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RNMC?

First Trust Mid Cap US Equity Select ETF (RNMC) manages $16.3M 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 RNMC actively managed or an index fund?

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

When was RNMC launched?

First Trust Mid Cap US Equity Select ETF (RNMC) launched in June 2017 and is managed by First Trust.

How has RNMC performed?

RNMC'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.