WCMI

First Trust WCM International Equity ETF

$16.45
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The First Trust WCM International Equity ETF (WCMI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the WCM International Equity Index.

Overview

ETF tracking First Trust WCM International Equity ETF

Issuer First Trust
Inception Date 2024-10-07
Market Cap $515.9M
Average Volume N/A
Dividend Yield 12.67%
52-Week Range $12.75 - $17.18
VWAP $16.47

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The First Trust WCM International Equity ETF (WCMI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the WCM International Equity Index.

🎯 Investment Strategy

The fund invests in a portfolio of international equity securities that are included in the WCM International Equity Index. The index is designed to provide exposure to companies located outside the United States that WCM Investment Management believes have attractive growth prospects and high-quality business models.

✨ Key Features

  • Provides exposure to a portfolio of international equities outside the U.S.
  • Focuses on companies with high-quality business models and attractive growth potential
  • Passively tracks the WCM International Equity Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • International investing risks, including currency fluctuations, political and economic instability, and differences in accounting standards
  • Concentration risk as the fund is focused on a specific index and investment strategy
  • Market risk as the value of the fund's holdings may decline due to general market conditions
  • Liquidity risk as the fund may have difficulty trading certain securities

👤 Best For

This ETF may be suitable for investors seeking exposure to international equities with a focus on high-quality, growth-oriented companies. It may be appropriate as a core or satellite holding in a diversified portfolio. Investors should have a long-term investment horizon and be willing to accept the risks associated with international investing.