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First Trust Exchange-Traded Fund III - First Trust RiverFront Dynamic Developed International ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It is co-managed by Riverfront Investment Group, LLC. It invests in public equity markets of global developed region. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as forwards to create its portfolio. It invests in value and momentum stocks of companies across diversified market capitalization. It employs fundamental and quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the MSCI EAFE Index. The fund employs proprietary research to create its portfolio. First Trust Exchange-Traded Fund III - First Trust RiverFront Dynamic Developed International ETF was formed on April 13, 2016 and is domiciled in the United States.