FT Intl Rising Dividend Achievers ETF (IDVY)

Description:

The First Trust International Rising Dividend Achievers ETF seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq International Rising Dividend Achievers Index (the "Index"). The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. According to the Index Provider, the Index measures the performance of securities from developed markets outside the U.S. that have raised their dividend value over the past three and five years and have increased their earnings-per-share over the past three years.