First Trust will launch an international Focus 5 ETF tomorrow

|About: First Trust Dorsey Wrig... (IFV)|By:, SA News Editor

The First Trust Dorsey Wright International Focus 5 ETF (Pending:IFV), a follow-up to the First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) will launch on Wednesday, July 23rd.

IFV will feature the relative ranking system to select five ETF holdings that Dorsey, Wright & Associates provided for FV, but focusing this time on only international ETFs.

"International investing has always been a passion of mine," said Tom Dorsey, President and CEO of Dorsey, Wright & Associates. "I am excited that we have collaborated with First Trust to bring a second ETF that captures the Dorsey Wright Focus Five methodology and now provides investors with a tactical international equity strategy."

Other sector rotation ETFs: CAPE, HUSE