FVC – First Trust Dorsey Wright Dynamic Foc 5 – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results that correspond to the price and yield of an index called the Dorsey Wright Dynamic Focus Five TM Index. The fund will normally invest at least 80% of its net assets in the ETFs that comprise the index. The index is designed to provide targeted exposure to the five ETFs that the index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FVC	First Trust Dorsey Wright Dynamic Focus 5 ETF	ETF	Open			Mar 17, 2016	$112.38M	0.870%	—	—	−$19.98M

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