First Trust WCM Developing World Equity ETF

First Trust WCM Developing World Equity ETF is an actively managed exchange-traded fund that seeks exposure to equity securities of companies located in developing countries, including emerging and frontier markets. The fund is designed to invest primarily in businesses with positive fundamentals and industry-leading positions, using common stocks and depositary receipts across a range of market capitalizations. It provides diversified access to international growth-oriented sectors such as technology, financials, healthcare, industrials, and consumer-related businesses across Asia, Latin America, and other developing regions. The ETF is used by market participants looking for a liquid, portfolio-based vehicle for accessing non-U.S. developing market equities through a single fund structure. Founded in 2020 and managed within the First Trust lineup, First Trust WCM Developing World Equity ETF plays a role in global asset allocation by packaging broad developing-world equity exposure into one tradable product.