FEP
First Trust Europe AlphaDEX Fund
📎 Investment Objective
The First Trust Europe AlphaDEX Fund (FEP) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX® Europe Index.
Overview
ETF tracking First Trust Europe AlphaDEX Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Europe AlphaDEX Fund (FEP) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX® Europe Index.
🎯 Investment Strategy
The fund employs an 'AlphaDEX' stock selection methodology to identify European stocks that the fund's investment advisor believes have the greatest potential for capital appreciation. The fund invests in a portfolio of securities that the advisor believes will provide superior risk-adjusted returns compared to the broader European equity market.
✨ Key Features
- Focuses on European equities using a proprietary stock selection process
- Aims to outperform the broader European equity market
- Diversified portfolio of European stocks across various sectors and market capitalizations
- Expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to European equity market and currency fluctuations
- Potential for underperformance compared to the broader European equity market
- Concentration in specific sectors or industries
- Liquidity risk due to low assets under management
👤 Best For
The First Trust Europe AlphaDEX Fund may be suitable for investors seeking exposure to the European equity market with the potential for outperformance, and who have a higher risk tolerance and a long-term investment horizon.