Fund Description
The Developed International Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Nasdaq Riskalyze Developed International Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Funds investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Funds performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Nasdaq Riskalyze Developed Markets Index is a modified market capitalization weighted index which seeks to provide a diversified portfolio of low volatility securities.
Fund Profile
Fund Name Developed International Equity Select ETF
Fund Exchange Ticker RNDM
Fund Sponsor First Trust
Fund ISIN US33738R7879
Net Expense Ratio 0.65 %
Fund Inception Date 20 June 2017
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Nasdaq Riskalyze Developed International Equity Select Index
Index Provider Riskalyze
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large & Mid Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 16 January 2019
Asset Under Management 23.38 Million (USD)
1 Month Total Return 1.76 %
Year To Date Return 3.84 %
1 Year Total Return -11.31 %
3 Year Annualized Total Return
NAV 46.75
Share Outstanding 500,002
Top 10 Holdings (15 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
DIAGEO PLC DGE EQUI 0.0298000000
MAZDA MOTOR CORP 7261 EQUI 0.0289000000
NISSAN MOTOR CO LTD 7201 EQUI 0.0287000000
Roche Holding AG ROG EQUI 0.0186000000
NTT DOCOMO INC 9437 EQUI 0.0169000000
Croda International PLC CRDA EQUI 0.0158000000
SAP SE SAP EQUI 0.0102000000
NEC Corporation 6701 EQUI 0.0098000000