FSZ
First Trust Switzerland AlphaDEX Fund
📎 Investment Objective
The First Trust Switzerland AlphaDEX Fund (FSZ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX Switzerland Index.
Overview
ETF tracking First Trust Switzerland AlphaDEX Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Switzerland AlphaDEX Fund (FSZ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX Switzerland Index.
🎯 Investment Strategy
The fund employs an 'AlphaDEX' stock selection methodology to select stocks from the NASDAQ Switzerland Index. This methodology is designed to provide capital appreciation potential by identifying stocks with growth characteristics.
✨ Key Features
- Focuses on Swiss equities, providing exposure to the Swiss market
- Uses a quantitative stock selection process to identify growth stocks
- Relatively low expense ratio of 0.00%
- Limited assets under management at this time
⚠️ Primary Risks
- Concentration risk as the fund is focused solely on the Swiss market
- Potential for higher volatility compared to a broad market index fund
- Limited performance history and assets under management
- Currency risk as the fund is exposed to the Swiss franc
👤 Best For
This ETF may be suitable for investors seeking exposure to the Swiss equity market and a growth-oriented investment strategy. However, due to the limited assets and performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.