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First Trust ETF has transitioned to VettaFi, bringing the total to six funds tracking its indexes, exceeding
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First Trust Advisors L.P. announced shareholder approval for the First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund (NYSE: FFR) to change its diversification status from "diversified" to "non-diversified." This change allows greater investment flexibility as the Fund transitions to the Alerian Disruptive Technology Real Estate Index. Additionally, a new management agreement will implement a unitary fee structure, raising management fees to 0.60% of average daily net assets. The Fund's name will also change to First Trust Alerian Disruptive Technology Real Estate ETF (ticker: DTRE) around September 29, 2022.