WCME

First Trust WCM Developing World Equity ETF

$17.51

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The First Trust WCM Developing World Equity ETF (WCME) seeks to provide investment results that correspond generally to the price and yield performance of the WCM Developing World Equity Index.

Overview

ETF tracking First Trust WCM Developing World Equity ETF

Category International

Issuer First Trust

Inception Date 2024-10-07

Market Cap $11.1M

Average Volume N/A

Dividend Yield 0.98%

52-Week Range $12.17 - $17.79

VWAP $17.51

Performance

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Investment Summary

📎 Investment Objective

The First Trust WCM Developing World Equity ETF (WCME) seeks to provide investment results that correspond generally to the price and yield performance of the WCM Developing World Equity Index.

🎯 Investment Strategy

The fund invests in a portfolio of equity securities from developing market countries that the index provider, WCM Investment Management, believes have the potential for long-term growth. The portfolio is actively managed to focus on companies with sustainable competitive advantages and strong corporate cultures.

✨ Key Features

Actively managed portfolio of developing market equities
Emphasis on companies with competitive advantages and strong corporate cultures
Seeks to provide exposure to growth opportunities in emerging and frontier markets
Relatively new fund with limited performance history

⚠️ Primary Risks

Emerging/frontier market risk: Developing countries may have more political, economic, and market volatility
Currency risk: Returns may be impacted by fluctuations in foreign exchange rates
Liquidity risk: Some holdings may be less liquid, potentially impacting the fund's ability to sell positions
Concentration risk: The fund's focus on a specific investment strategy or region may increase volatility

👤 Best For

This ETF may be suitable for investors seeking long-term capital appreciation through exposure to developing market equities. It is best suited for investors with a higher risk tolerance who can withstand the increased volatility associated with emerging and frontier market investments.