First Trust Rolls Out International AlphaDEX ETFs
April 20, 2011 at 09:17 AM EDT
First Trust announced the launch of 13 new ETFs this week, building out the company’s suite of AlphaDEX products that offer exposure to equity benchmarks constructed using quantitative analysis designed to identify stocks that will outperform broad cap-weighted indexes. Joining an existing suite of domestic equity ETFs are nine international equity AlphaDEX products: Asia Pacific Ex-Japan AlphaDEX Fund (FPA) Europe AlphaDEX Fund (FEP) Latin America AlphaDEX Fund (FLN) Brazil AlphaDEX Fund (FBZ) China AlphaDEX Fund (FCA) Japan AlphaDEX Fund (FJP) South Korea AlphaDEX Fund (FKO) Developed Markets Ex-US AlphaDEX Fund (FDT) Emerging Markets AlphaDEX Fund (FEM) “The nine funds comprising the AlphaDEX International family of funds consists of a diverse range of broad, regional and single country funds,” said Dan Waldron, Senior Vice President, Exchange-Traded Funds Strategist of First Trust. “We believe the positive effects of globalization are going to continue for years to come and investors may benefit from [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts