Products April 15, 2011

First Trust Advisors Introduces 13 New ETFs

April 15, 2011 (PLANSPONSOR.com) - First Trust Advisors L.P. announced the anticipated launch of thirteen new exchange-traded funds (ETFs) into its current line of sixteen AlphaDEX funds.
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The thirteen new ETFs are anticipated to begin trading on April 19 on the NYSE Arca.  

The new funds are: 

AlphaDEX International

  • FPA First Trust Asia Pacific Ex-Japan AlphaDEX Fund 
  • FEP First Trust Europe AlphaDEX Fund 
  • FLN First Trust Latin America AlphaDEX Fund 
  • FBZ First Trust Brazil AlphaDEX Fund 
  • FCA First Trust China AlphaDEX Fund 
  • FJP First Trust Japan AlphaDEX Fund 
  • FKO First Trust South Korea AlphaDEX Fund 
  • FDT First Trust Developed Markets Ex-US AlphaDEX Fund 
  • FEM First Trust Emerging Markets AlphaDEX Fund  

 

AlphaDEX Domestic

  • FNY First Trust Mid Cap Growth AlphaDEX Fund 
  • FNK First Trust Mid Cap Value AlphaDEX Fund 
  • FYC First Trust Small Cap Growth AlphaDEX Fund 
  • FYT First Trust Small Cap Value AlphaDEX Fund  

 

 

“The nine funds comprising the AlphaDEX International family of funds consists of a diverse range of broad, regional and single country funds. We believe the positive effects of globalization are going to continue for years to come and investors may benefit from a globally diversified investment portfolio, particularly in the emerging markets where GDP growth for 2011 is projected to be 6.4% compared to 2.2% for advanced economies, according to the International Monetary Fund.” said Dan Waldron, Senior Vice President, Exchange-Traded Funds Strategist of First Trust, in the announcement.   

More about First Trust Advisors is at http://www.ftportfolios.com.

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