First Trust Advisors Introduces 13 ETFs

First Trust Advisors L.P. plans to launch thirteen exchange-traded funds (ETFs) into its current line of sixteen AlphaDEX funds.
Reported by PLANADVISER staff

The thirteen ETFs are expected 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.

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