RNEM

First Trust Emerging Markets Equity Select ETF

$55.97
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The First Trust Emerging Markets Equity Select ETF (RNEM) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ Emerging Markets Equity Select Index.

Overview

ETF tracking First Trust Emerging Markets Equity Select ETF

Issuer First Trust
Inception Date 2017-06-21
Market Cap $16.8M
Average Volume N/A
Dividend Yield 3.88%
52-Week Range $47.37 - $57.81
VWAP $55.70

Performance

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Investment Summary

📎 Investment Objective

The First Trust Emerging Markets Equity Select ETF (RNEM) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ Emerging Markets Equity Select Index.

🎯 Investment Strategy

The fund invests in a portfolio of equity securities from emerging market countries that are selected based on factors such as valuation, momentum, and quality. The portfolio is designed to provide exposure to emerging market equities while seeking to manage risk through diversification and security selection.

✨ Key Features

  • Provides broad exposure to emerging market equities
  • Utilizes a rules-based index methodology to select securities
  • Aims to manage risk through diversification and security selection
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Emerging market risk: Investing in emerging markets can be subject to greater volatility and political, economic, and regulatory uncertainty
  • Currency risk: The fund's performance may be affected by fluctuations in the value of the U.S. dollar relative to the currencies of the underlying investments
  • Concentration risk: The fund may be more susceptible to adverse events affecting a particular sector or geographic region
  • Market risk: The value of the fund's investments may decline due to general market conditions or other factors

👤 Best For

This ETF may be suitable for investors seeking broad exposure to emerging market equities as part of a diversified portfolio. It may be particularly appropriate for investors with a long-term investment horizon and a moderate to high risk tolerance.