Europe sheds about 5% for the week
- Seeking Alpha
First Trust Exchange-Traded Fund III - First Trust RiverFront Dynamic Europe ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund is co-managed by Riverfront Investment Group, LLC. The fund invests in public equity markets of European Developed region. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as forwards to create its portfolio. It invests in value and momentum stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the MSCI Europe Index. The fund employs proprietary research to create its portfolio. First Trust Exchange-Traded Fund III - First Trust RiverFront Dynamic Europe ETF was formed on April 13, 2016 and is domiciled in the United States.