First Trust International Developed Capital Strength Portfolio

C000218788 Fund Overview

First Trust International Developed Capital Strength Portfolio is a US mutual fund managed by First Trust Variable Insurance Trust, categorised as Europe Mid Cap Blend / Core Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: First Trust Variable Insurance Trust
• Category: Europe Mid Cap Blend / Core Financials Equity
• Assets under management: $41.42M
• 1-year return: 9.0%
• SEC CIK: 0001537395
• SEC series ID: S000068385
• Share class ID: C000218788

C000218788 Investment Objective and Strategy

First Trust International Developed Capital Strength Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Variable Insurance Trust.

Investment objective

"The First Trust International Developed Capital Strength Portfolio (the "" Fund"") seeks to provide capital appreciation."

Principal investment strategy

"The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (including investment borrowings) in the securities that comprise The International Developed Capital Strength TM Index (the Index ). The Index is developed, maintained and sponsored by Nasdaq, Inc. (the Index Provider ). According to the Index Provider, the Index is designed to measure the performance of well-capitalized companies in the developed markets (as defined by the Index Provider) outside of the U.S. with strong market positions that have the potential to provide their stockholders with a greater degree of stability and performance over time. See ""Additional Information on the Fund's Investment Objective and Strategies"" for a description of how the Index Provider defines ""developed markets."" The Indexs initial universe consists of the securities comprising the Nasdaq Developed ex US TM Index, an index seeking to track the performance of securities in countries, excluding the U.S., which are designated as developed markets (as defined by the Index Provider).

The Index then excludes all securities that do not meet the liquidity requirements of the Index and multiple share classes of the same issuer. Securities from the same issuer will be subject to conditions controlled by the Index Provider to determine Index eligibility. In order to be eligible for inclusion in the Index, a security must have at least $500 million in cash and short-term investments, after removing restricted cash, have a long-term debt to market capitalization ratio less than 30%, have a positive shareholder equity and have a return on equity greater than 15%. The 500 eligible securities with the highest free float market capitalization are included in the selection universe. In the event that the selection universe contains fewer than 50 securities, the 15% return on equity criterion is removed, and the securities with the highest return on equity are added to the selection universe until it contains 60 securities.

The remaining securities are then ranked based upon a combination of their three-month annualized and twelve-month realized volatility (with ranks of 1 representing the lowest values). The 50 securities with the lowest combined ranks are chosen for inclusion in the Index. In the case of ties of combined ranks, the security with the highest free float market capitalization is chosen for inclusion in the Index. According to the Index Provider, a review is then enacted to ensure than no country nor industry (as determined by the Industry Classification Benchmark ( ICB )) is represented by more than 15 securities. If a country or ICB industry is represented by more than 15 securities, the country or industrys highest-ranked component is removed from the selection of 50 securities and is replaced with the next-ranked eligible security not from that country or industry.

Each security is equal weighted in the Index. The Fund may invest in securities of any market capitalization, U.S. dollar denominated and non-U.S. dollar denominated securities. The Index is rebalanced and reconstituted semi-annually and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Indexs semi-annual rebalance and reconstitution schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of March 2, 2026, the Index was composed of 50 securities and the Fund had significant investments in financial companies, Swiss issuers and European issuers, although this may change from time to time.

The Funds investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of March 2, 2026. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector."

C000218788 Holdings

Top 10 holdings of First Trust International Developed Capital Strength Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000218788 holdings

C000218788 Portfolio Allocation

Asset-class allocation of First Trust International Developed Capital Strength Portfolio by percentage of net assets, from the latest SEC N-PORT filing.

C000218788 Performance

Total returns for C000218788 (as of 2026-10-01), from SEC filings.

C000218788 Risk Information

Risk metrics for C000218788, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 14.7%

C000218788 Costs and Fees

C000218788 costs about $95 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.95%
• Gross expense ratio: 4.75%
• Portfolio turnover: 68%
• Brokerage commissions: 8.41 bps of average net assets (SEC N-CEN)

C000218788 Cashflows

Over the 12 months to 2026-03, First Trust International Developed Capital Strength Portfolio had net inflows of $8.08M, from monthly SEC N-PORT filings.

C000218788 Debt Constituents

No individual debt constituents are reported in First Trust International Developed Capital Strength Portfolio's latest SEC N-PORT filing.

C000218788 Prospectus and SEC Filings

Official First Trust International Developed Capital Strength Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-04-30
• Prospectus (485BPOS) — filed 2025-04-30
• Prospectus (485BPOS) — filed 2024-04-29
• Portfolio holdings (N-PORT) — filed 2026-08-21
• Portfolio holdings (N-PORT) — filed 2026-05-28
• Portfolio holdings (N-PORT) — filed 2026-02-23
• Annual census (N-CEN) — filed 2026-03-12
• Annual census (N-CEN) — filed 2025-03-14

Related Funds

Other Europe Mid Cap Blend / Core Financials Equity funds tracked on ABC INVEST:

• Applied Finance IVS International Large ETF (IVSI)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.