First Trust Advisors Issues Two New ETFs

The American Stock Exchange (Amex) has launched trading in two new exchange-traded funds (ETFs) issued by First Trust Advisors L.P. - the First Trust FTSE EPRA/NAREIT Global Real Estate Index Fund (FFR) and the First Trust Dow Jones STOXX Select Dividend 30 Index Fund (FDD).

FFR aims to track the FTSE EPRA/NAREIT Global Real Estate Index, which is designed to reflect the stock performance of companies engaged in specific aspects of the North American, European and Asian real estate markets, according to an announcement. The Fund invests at least 90% of its total assets in common stocks that comprise the Index or in American Depositary Receipts, Global Depositary Receipts, or European Depositary Receipts representing securities in the Index.

FDD aims to track the Dow Jones STOXX Select Dividend 30 Index, a dividend weighted index of 30 stocks selected from the Dow Jones STOXX 600 Index, and trades high-dividend yielding companies across 18 European countries. The Fund invests at least 90% of its total assets in common stocks that comprise the Index or in American Depositary Receipts, Global Depositary Receipts, or European Depositary Receipts representing securities in the Index.

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“The FTSE EPRA/NAREIT Global Real Estate Fund is the first-of-its- kind fund offering investors with a way to own real estate securities from North America, Europe, and Asia. The Trust Dow Jones STOXX Select Dividend 30 Index Fund provides investors with exposure to some of the most attractive dividend paying European stocks,” said Dan Waldron, SVP and Head of ETFs at First Trust, in the announcement.

The specialist for the two new ETFs is Kellogg Capital Group, LLC.

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