First Trust International Equity Opportunities ETF (FPXI) Reaches 5-year Anniversary
First Trust International Equity Opportunities ETF (FPXI)
US:NASDAQ Investor Relations:
ftportfolios.com
Company Research
Source: Business Wire
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. The First Trust International Equity Opportunities ETF (Nasdaq: FPXI) is celebrating a milestone. FPXI, which seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the IPOX® International Index (the “index”), reached its 5-year anniversary on November 4, 2019. The index measures the performance of the 50 largest and most liquid companies domiciled outside the U.S. within the IPOX® Global Composite Index (the “composite index”). The composite index is constructed and managed to provide a broad and objective view of global aftermarket performance of recent IPOs and spin-offs in both emerging and developed countries during their first 1000 trading days. “Recent IPOs and spin-offs represent an important segment of the international stock market that is often absent from investors’ portfolios,” said Ryan Issakainen, CFA, Senior Vice President, ETF Strategist at First T
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