First Trust International Equity Opportunities Fund (1FU1)

Overview

This fund is designed for investors looking to access a portfolio of the top 50 companies outside the United States. By focusing on a market-capitalization-weighted portfolio, the fund aims to mirror the performance of influential players in the global market, as captured by the IPOX® Global Composite Index. The index's measurement reflects significant quarterly shifts in market capitalization, ensuring that the fund's investment strategy remains aligned with the dynamism of international markets. By investing at least 90% of its net assets in the stocks and depositary receipts comprising the index, the fund maintains a targeted and strategic focus. Despite being non-diversified, this investment approach allows the fund to concentrate on high-potential international companies, offering investors exposure to foreign markets' growth dynamics.

Products and Services

• Equity Investments in Top 50 Companies Outside the US

  The fund allocates a significant portion of its assets toward equities in the top 50 companies by market capitalization outside the United States, based on the rankings within the IPOX® Global Composite Index. This strategy aims to capture the performance and growth of leading international firms, offering investors a gateway to the potential of global markets.

• Investment in Depositary Receipts

  In addition to common stocks, the fund invests in depositary receipts, which represent shares in foreign companies. This allows for broader exposure to international markets and diversifies the investment portfolio beyond direct equity holdings, accommodating varying investor preferences for international exposure.