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First Trust Board Approves Reorganization of First Trust RiverFront Dynamic Asia Pacific ETF into RiverFront Dynamic Developed International ETF
January 15, 2021 GMT
WHEATON, Ill. (BUSINESS WIRE) Jan 15, 2021
First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees of First Trust RiverFront Dynamic Asia Pacific ETF (Nasdaq: RFAP), an actively managed exchange-traded fund (“ETF”) managed by FTA and sub-advised by RiverFront Investment Group LLC (“RiverFront”), approved the reorganization of RFAP into First Trust RiverFront Dynamic Developed International ETF (Nasdaq: RFDI), another actively managed ETF managed by FTA and sub-advised by RiverFront. The reorganization has also been approved by the Board of Trustees of RFDI. RFDI will be the surviving fund.