FLN
First Trust Latin America AlphaDEX Fund
📎 Investment Objective
The First Trust Latin America AlphaDEX Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX® Latin America Index.
Overview
ETF tracking First Trust Latin America AlphaDEX Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Latin America AlphaDEX Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX® Latin America Index.
🎯 Investment Strategy
The fund employs an 'AlphaDEX' stock selection methodology to select stocks from the NASDAQ Latin America Index. This methodology is designed to provide capital appreciation potential by identifying stocks with growth characteristics.
✨ Key Features
- Focuses on stocks from Latin American countries, including Brazil, Mexico, Chile, and others
- Uses a quantitative stock selection process to identify potential outperformers
- Diversified portfolio across multiple Latin American markets and sectors
- Relatively low expense ratio compared to actively managed Latin America funds
⚠️ Primary Risks
- Exposure to emerging markets, which can be more volatile and less liquid than developed markets
- Concentration in Latin American countries, which can be impacted by political, economic, and currency risks
- Potential for higher volatility compared to a broad international or global equity fund
- Reliance on the AlphaDEX methodology to select outperforming stocks
👤 Best For
This ETF may be suitable for investors seeking exposure to Latin American equity markets as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance and a longer-term investment horizon who are comfortable with the volatility and risks associated with emerging markets.