The investment seeks to replicate, net of expenses, the FTSE EPRA/NARIET Global Real Estate Index.
The fund will invest at least 90% of assets in securities that comprise the index. It may invest the remainder of assets in securities not included in the Index, but which First Trust believes will help the Fund track its index. The index is modified market cap weighted and tracks the performance of real estate companies or REITs in North America, Europe or Asia. The fund is nondiversified.
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