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First Trust BICK Index Fund (BICK)
  • 2022 Estimated Capital Gain Distributions
    Certain First Trust Exchange-Traded Funds are expected to pay a long-term capital gain distribution in December. For a list of exchange-traded funds expected to pay a capital gain distribution, please click here. Final determination of the source and tax status of all distributions paid in the current year are to be made after year-end and could differ from the expectations noted above.

  • On October 24th, 2022, the Board of Trustees of First Trust's ETFs approved a management fee breakpoint policy that will make all ETFs in the complex eligible for a reduction in the management fee charged on assets that exceed certain AUM thresholds. The goal of this policy is to offer reductions in management fees paid by shareholders of larger First Trust ETFs through a process that is transparent and understandable for all investors.
    Effective November 1st, 2022, the management fee paid by any First Trust ETF with assets exceeding $2.5 Billion will decrease, with larger and increased reductions for assets above $5 Billion, $7.5 Billion, $10 Billion and $15 Billion.

    Full details of the policy and additional breakpoint levels can be seen in each fund’s Statement of Additional Information.
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.
Index Description According to the Index Provider
  • 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
TickerBICK
Fund TypeEmerging Markets
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP33733H107
ISINUS33733H1077
Intraday NAVBICKIV
Fiscal Year-End09/30
ExchangeNasdaq
Inception4/12/2010
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencyQuarterly
Expense Ratio*0.64%
* As of 2/1/2022
The Investment Advisor has implemented fee breakpoints, which reduce the fund's investment management fee at certain assets levels. Please see the fund's SAI for full details.
Current Fund Data (as of 12/6/2022)
Closing NAV1$25.68
Closing Market Price2$25.94
Bid/Ask Midpoint$25.58
Bid/Ask Discount0.39%
30-Day Median Bid/Ask Spread30.35%
Total Net Assets$14,126,679
Outstanding Shares550,002
Daily Volume915
Average 30-Day Daily Volume48,118
Closing Market Price 52-Week High/Low$33.37 / $22.85
Closing NAV 52-Week High/Low$33.50 / $22.97
Number of Holdings (excluding cash)87
Top Holdings (as of 12/6/2022)*
Holding Percent
Azure Power Global Limited 2.86%
HDFC Bank Ltd. (ADR) 2.40%
State Bank of India (GDR) 2.38%
Infosys Limited (ADR) 2.27%
ICICI Bank Limited (ADR) 2.21%
Dr. Reddy's Laboratories Limited (ADR) 2.18%
Wipro Limited (ADR) 2.10%
WNS (Holdings) Limited (ADR) 2.09%
Reliance Industries Limited (GDR) 2.07%
Tata Motors Limited (ADR) 1.86%

* 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 12/7/2022)4$0.0425
30-Day SEC Yield (as of 10/31/2022)51.80%
12-Month Distribution Rate (as of 10/31/2022)64.05%
Index Yield (as of 10/31/2022)72.26%
Fund Characteristics (as of 11/30/2022)9
Maximum Market Cap.$346,578
Median Market Cap.$20,851
Minimum Market Cap.$366
Price/Earnings8.67
Price/Book1.55
Price/Cash Flow7.34
Price/Sales1.36
Bid/Ask Premium/Discount (as of 12/6/2022)
  2021 Q1 2022 Q2 2022 Q3 2022
Days Traded at Premium 81 5 2 13
Days Traded at Discount 171 57 60 51
Top Sector Exposure (as of 12/6/2022)
Financials 22.18%
Consumer Discretionary 20.77%
Information Technology 15.59%
Health Care 7.39%
Utilities 6.79%
Materials 6.29%
Industrials 6.03%
Energy 6.00%
Communication Services 5.20%
Consumer Staples 2.78%
Real Estate 0.98%
Hypothetical Growth of $10,000 Since Inception (as of 12/6/2022) *