FEM does not promise broad exposure to emerging markets, trying instead to build a portfolio of stocks positioned to outperform. The fund uses a selection methodology focused on growth and value factors to screen firms by scoring each security twice by both growth and value characteristics, assigning whatever score is highest as the stock's style score. It then takes the 150 top-scoring stocks and breaks them into quintiles, giving higher-scoring quintiles greater weight in the index. The index is rebalanced and reconstituted semi-annually.

Asset class

International Equity

Issuer

First Trust

Domicile

US

Inception date

Apr 18, 2011

Holdings

157

ISIN

US33737J1824