RFAP (First Trust RiverFront Dynamic Asia Pacific ETF) is no longer actively trading.
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The fund seeks to generate capital appreciation. It dedicates at least 80% of its net assets, which includes any borrowed funds, to a portfolio of equity securities from companies situated in the Asia Pacific region. These investments primarily consist of common stocks, depositary receipts, and common and preferred shares of real estate investment trusts (REITs). Furthermore, the fund employs forward foreign currency exchange contracts and spot currency transactions to mitigate its exposure to the various Asian Pacific currencies in which these underlying equity holdings are denominated.

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WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees of First Trust RiverFront Dynamic Asia Pacific ETF (Nasdaq: RFAP), an actively managed exchange-traded fund (“ETF”) managed by FTA and sub-advised by RiverFront Investment Group LLC (“RiverFront”), approved the reorganization of RFAP into First Trust RiverFront Dynamic Developed International ETF (Nasdaq: RFDI), another actively managed ETF managed by FTA and sub-advised by RiverFront. T