FPA
First Trust Asia Pacific ex-Japan AlphaDEX Fund
📎 Investment Objective
The First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq AlphaDEX Asia Pacific ex-Japan Index.
Overview
ETF tracking First Trust Asia Pacific ex-Japan AlphaDEX Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq AlphaDEX Asia Pacific ex-Japan Index.
🎯 Investment Strategy
The fund employs an 'AlphaDEX' stock selection methodology to select stocks from the Nasdaq Asia Pacific ex-Japan Index. This methodology is designed to provide capital appreciation potential by identifying stocks with growth characteristics.
✨ Key Features
- Focuses on equities in the Asia Pacific region, excluding Japan
- Uses a proprietary stock selection process to identify growth stocks
- Diversified portfolio across multiple countries and sectors
- Expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to the economic and political risks of the Asia Pacific region
- Potential for higher volatility compared to a broad market index
- Reliance on the effectiveness of the AlphaDEX stock selection methodology
- Currency fluctuations that can impact returns
👤 Best For
This ETF may be suitable for investors seeking exposure to growth-oriented equities in the Asia Pacific region as part of a diversified portfolio. It may be most appropriate for investors with a higher risk tolerance and a longer-term investment horizon.