Symbols

RNEM

Emerging Markets Equity Select ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

17.32MUSD

Fund Flows (1Y)

-2.55MUSD

Dividend Yield

2.63%

Discount/Premium to NAV

-0.28%

Shares Outstanding

300.00K

Expense Ratio

0.76%

About Emerging Markets Equity Select ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=RNEM

Inception Date

Jun 20, 2017

Structure

Open-Ended Fund

Index Tracked

Nasdaq Riskalyze Emerging Markets Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

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 fund's 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.