First Trust Feature
Published: December 16, 2020
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

There is a change to the First Trust International Model Holdings this week.  This is just the second time we are seeing a change in the holdings of the First Trust International Model this year, the first coming back in mid March, and the change is selling China FCA and buying Europe FEP.  China has fallen in it’s relative strength ranking versus the other members of the inventory enough to cause it to come out of the model.  Therefore, Europe FEP, which is the highest ranking ETF that was not already in the model is being added in the place of China.  FEP is added to the model joining Germany FGM, Switzerland FSZ, China/India FNI, and BICK.

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