First Trust BICK Index Fund (BICK)
Investment Objective/Strategy - The First Trust BICK Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index called the ISE BICK™ Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The Index is designed to provide a benchmark for investors interested in tracking the largest and most liquid public companies that are domiciled in Brazil, India, Mainland China and South Korea.
  • Each component security must have a market capitalization of at least $100 million.
  • For each country, the securities are ranked in descending order by market capitalization and in descending order by liquidity.
  • The 25 top ranked securities for each country are selected for inclusion in the index. If a country has less than 25 eligible securities, all eligible securities are selected.
  • The Index uses an equal weighted allocation methodology so that each country represents 25% of the index at each rebalance. All components within a country allocation are equally-weighted as well at the rebalance date.
  • Index components are reviewed quarterly for eligibility and any changes in component securities of the Index are made after the market close on the third Friday of each March, June, September and December.
Fund Overview
Fund TypeEmerging Markets
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
Fiscal Year-End09/30
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencyQuarterly
Expense Ratio0.64%
Current Fund Data (as of 5/24/2022)
Closing NAV1$26.94
Closing Market Price2$26.89
Bid/Ask Midpoint$26.54
Bid/Ask Discount1.50%
30-Day Median Bid/Ask Spread33.13%
Total Net Assets$16,164,861
Outstanding Shares600,002
Daily Volume1,054
Average 30-Day Daily Volume2,018
Closing Market Price 52-Week High/Low$41.35 / $24.30
Closing NAV 52-Week High/Low$41.14 / $25.25
Number of Holdings (excluding cash)88
Top Holdings (as of 5/24/2022)*
Holding Percent
Dr. Reddy's Laboratories Limited (ADR) 2.48%
Reliance Industries Limited (GDR) 2.48%
ICICI Bank Limited (ADR) 2.21%
State Bank of India (GDR) 2.12%
Tata Motors Limited (ADR) 2.11%
MakeMyTrip Limited 2.10%
HDFC Bank Ltd. (ADR) 2.04%
WNS (Holdings) Limited (ADR) 2.03%
Renew Energy Global Plc (Class A) 2.02%
Azure Power Global Limited 1.97%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 5/25/2022)4$0.8213
30-Day SEC Yield (as of 4/29/2022)50.44%
12-Month Distribution Rate (as of 4/29/2022)63.38%
Index Yield (as of 4/29/2022)71.88%
Fund Characteristics (as of 4/29/2022)9
Maximum Market Cap.$458,649
Median Market Cap.$19,183
Minimum Market Cap.$901
Price/Cash Flow8.64
Bid/Ask Premium/Discount (as of 5/24/2022)
  2021 Q1 2022 Q2 2022 Q3 2022
Days Traded at Premium 81 5 0 ---
Days Traded at Discount 171 57 37 ---
Top Sector Exposure (as of 5/24/2022)
Consumer Discretionary 21.07%
Financials 18.32%
Information Technology 15.98%
Communication Services 9.72%
Health Care 6.85%
Materials 6.72%
Energy 6.00%
Industrials 5.93%
Utilities 5.58%
Consumer Staples 3.18%
Real Estate 0.65%
Hypothetical Growth of $10,000 Since Inception (as of 5/24/2022) *