Fund Description |
RFAP is an actively managed exchange-traded fund that seeks to provide capital appreciation. RFAP will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of equity securities of Asian Pacific companies.In addition to its portfolio securities investments, RFAP also will utilize a dynamic currency hedging strategy through the use of forward foreign currency exchange contracts and currency spot transactions to hedge up to 100% of the RFAPs currency exposure. |
Fund Profile |
Fund Name |
First Trust RiverFront Dynamic Asia Pacific ETF |
Fund Exchange Ticker |
RFAP |
Fund Sponsor |
First Trust |
Fund ISIN |
US33739P5098 |
Net Expense Ratio |
0.83 % |
Fund Inception Date |
12 April 2016 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NASDAQ |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Global or ExUS Equities - Broad / Regional |
Asset Class |
Equities (Stocks) |
Index Linked |
Active |
Index Name |
Not Applicable |
Index Provider |
Not Applicable |
Currency Hedged |
Yes |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Funds Combining Developed & Emerging Exposure |
Market Capitalization Range |
Broad Market / Multi-Cap |
Growth Value |
Core / Blend |
Continent |
Not Applicable |
Key Statistics |
Return As of Date |
14 January 2021 |
Asset Under Management |
8.87 Million (USD) |
1 Month Total Return |
6.18 % |
Year To Date Return |
2.41 % |
1 Year Total Return |
12.18 % |
3 Year Annualized Total Return |
-0.16 % |
NAV |
59.13 |
Share Outstanding |
150,002 |