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PRME - Actively managed PRME set to be merged into an index-based ETF
First Trust Heitman Global Prime Real Estate ETF
Under a proposed reorganization, First Trust Heitman Global Prime Real Estate ETF (NYSEARCA:PRME), an actively managed exchange-traded fund managed by First Trust Advisors, would be merged into First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund (NYSEARCA:FFR), an index-based ETF managed by FTA.
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