First Trust RiverFront Dynamic Europe ETF
RFEU
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Apr 14, 2016
- CIK
- 0001424212
- Similar Companies
- Business
- First Trust RiverFront Dynamic Europe ETF (Nasdaq: RFEU) is an actively managed exchange-traded fund that seeks capital appreciation by investing primarily in developed European equities selected through a proprietary factor-based approach; it employs a dynamic currency-hedging strategy, with the manager retaining discretion to hedge up to 100% of the portfolio against euro and other European currency fluctuations relative to the U.S. dollar. The fund's portfolio comprises approximately 87-88 holdings across diverse sectors including information technology (e.g., ASML Holding N.V., Nokia Corporation), health care (e.g., Novartis AG, Roche Holding AG), consumer staples (e.g., Nestle S.A., Unilever Plc), financials (e.g., Allianz SE, Banco Bilbao Vizcaya Argentaria), industrials, energy (e.g., Shell Plc, TotalEnergies SE), consumer discretionary, utilities, and communication services; top holdings typically represent 2-5% each, with assets under management of around $7.14 million and a net expense ratio of 0.83%. Launched on April 13, 2016, RFEU is a series of First Trust Exchange-Traded Fund III, advised by First Trust Advisors L.P. (an affiliate of First Trust Portfolios L.P., the distributor) with sub-advisory from RiverFront Investment Group, LLC; it trades on the Nasdaq, is administered and custodied by Brown Brothers Harriman & Co., and targets institutional and retail investors seeking exposure to large-cap blend European stocks in developed markets across countries such as the Netherlands, Switzerland, Germany, Spain, France, the United Kingdom, Italy, and others. In December 2025, the Board of Trustees of First Trust Exchange-Traded Fund III approved the fund's liquidation upon the recommendation of First Trust Advisors L.P., marking a significant operational change; trading is expected to cease on or around January 9, 2026, with final liquidation and cash distributions to shareholders at net asset value occurring after January 16, 2026, after which the fund will deviate from its investment objective by increasing cash holdings. No recent partnerships, acquisitions, funding rounds, or new product launches have been reported for the fund in the past 1-2 years.