First Trust Exchange-Traded Fund III - First Trust RiverFront Dynamic Emerging Markets 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 emerging region. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as forwards to create its portfolio. The fund invests in value and momentum stocks of companies across diversified market capitalization. It employs fundamental and quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the MSCI Emerging Markets Index. It employs proprietary research to create its portfolio. First Trust Exchange-Traded Fund III - First Trust RiverFront Dynamic Emerging Markets ETF was formed on June 14, 2016 and is domiciled in the United States.