First Trust RiverFront Dynamic Developed International ETF (RFDI)

Overview

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an actively managed ETF that invests in developed international equities. Its objective is to outperform traditional passive international equity benchmarks through dynamic asset allocation and security selection.

Reputation and Reliability

First Trust is a well-established ETF provider known for its innovative and thematic investment strategies. They have a solid track record in the ETF market.

Management Expertise

RiverFront Investment Group serves as the sub-advisor to the fund. They bring expertise in active asset allocation and international equity investing.

Goal

To seek total return.

Investment Approach and Strategy

Strategy: RFDI employs an active management strategy, selecting securities and allocating assets based on macroeconomic and fundamental analysis.

Composition The ETF primarily holds equities of companies located in developed international markets. Its allocations will shift depending on market condition.

Market Share: Data on RFDI's exact market share is limited; it operates within the broader developed international equity ETF space.

Total Net Assets (AUM): 30120000

Key Competitors

• VEA
• IEFA
• SCHF

Competitive Landscape

The developed international equity ETF market is highly competitive, dominated by large, passively managed ETFs. RFDI aims to differentiate itself through active management, potentially offering higher returns but also exposing investors to higher costs and risks compared to passive competitors. It is not one of the top holders of market share compared to other competitors.

Historical Performance: Historical performance data should be consulted from reliable financial sources for accurate figures.

Benchmark Comparison: RFDI's performance should be compared against a relevant developed international equity index, such as the MSCI EAFE Index, to assess its active management effectiveness.

Expense Ratio: 0.84

Average Trading Volume

The average trading volume for RFDI is limited; this is a very illiquid fund.

Bid-Ask Spread

Due to low trading volume, RFDI's bid-ask spread may vary and could be relatively wide, potentially increasing trading costs.

Market Environment Factors

Economic growth in developed international markets, currency fluctuations, and geopolitical events can significantly impact RFDI's performance.

Growth Trajectory

RFDI's growth trajectory is tied to its ability to deliver competitive returns relative to its benchmark while attracting investor capital. Changes to strategy and holdings depend on economic outlook.

Competitive Edge

RFDI's primary competitive advantage lies in its active management approach. The dynamic asset allocation strategy aims to adapt to changing market conditions and identify attractive investment opportunities. RiverFront's expertise in active management and international equities may offer a differentiated investment experience. The fund's active strategy also opens the door for higher risk, however.

Volatility

RFDI's volatility may be higher than passively managed international equity ETFs due to its active management and dynamic asset allocation.

Market Risk

RFDI is exposed to market risk associated with developed international equities, including economic downturns, political instability, and currency fluctuations.

Ideal Investor Profile

RFDI may be suitable for investors seeking exposure to developed international equities with the potential for outperformance through active management. It might appeal to investors comfortable with higher fees and potential volatility.

Market Risk

RFDI may be better suited for investors with a moderate to high risk tolerance and a longer investment horizon, who want active management.

The First Trust RiverFront Dynamic Developed International ETF (RFDI) is an actively managed ETF focused on developed international equities. Its goal is to outperform passive benchmarks through dynamic asset allocation and security selection by RiverFront Investment Group. Investors must note its higher expense ratio and potentially higher volatility compared to passive options. RFDI is suitable for investors seeking active management in the international equity space and willing to accept increased risk and costs for potential outperformance.

Data Sources:

• First Trust
• RiverFront Investment Group
• Morningstar
• Yahoo Finance

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data may vary depending on the source and methodology.