WHEATON, Ill.--(BUSINESS WIRE)--On or about July 14, 2015, each of the index exchange-traded funds listed below (each a “Fund”) will seek investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of a NASDAQ AlphaDEX® Equity Index (each, a “New Index”). Each New Index is a modified equal-dollar weighted index developed and maintained by The NASDAQ OMX Group, Inc. (“NASDAQ”) that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology. Accordingly, the Funds’ Index Provider will change to NASDAQ. Each Fund will continue to seek its current investment objective until July 14, 2015.
On or about July 14, 2015, each Fund, except First Trust Australia AlphaDEX Fund, will no longer list and trade its shares on the NYSE Arca, Inc. (“NYSE Arca”) and will instead list and trade its shares on The NASDAQ Stock Market LLC under the same ticker symbol. First Trust Australia AlphaDEX Fund will continue to list and trade its shares on NYSE Arca. Each Funds’ CUSIP number will not change in connection with the changes in investment objective and listing exchange.
|Fund Name (“Ticker”)||New Index|
|First Trust Japan AlphaDEX Fund (“FJP”)||NASDAQ AlphaDEX® Japan Index|
|First Trust China AlphaDEX Fund (“FCA”)||NASDAQ AlphaDEX® China Index|
|First Trust Brazil AlphaDEX Fund (“FBZ”)||NASDAQ AlphaDEX® Brazil Index|
|First Trust South Korea AlphaDEX Fund (“FKO”)||NASDAQ AlphaDEX® South Korea Index|
|First Trust United Kingdom AlphaDEX Fund (“FKU”)||NASDAQ AlphaDEX® United Kingdom Index|
|First Trust Germany AlphaDEX Fund (“FGM”)||NASDAQ AlphaDEX® Germany Index|
|First Trust Switzerland AlphaDEX Fund (“FSZ”)||NASDAQ AlphaDEX® Switzerland Index|
|First Trust Hong Kong AlphaDEX Fund (“FHK”)||NASDAQ AlphaDEX® Hong Kong Index|
|First Trust Canada AlphaDEX Fund (“FCAN”)||NASDAQ AlphaDEX® Canada Index|
|First Trust Taiwan AlphaDEX Fund (“FTW”)||NASDAQ AlphaDEX® Taiwan Index|
|First Trust Australia AlphaDEX Fund (“FAUS”)||
NASDAQ AlphaDEX® Australia Index
Each New Index has been licensed for use by the Funds. AlphaDEX® is a trademark owned by First Trust Portfolios L.P. and has been licensed to NASDAQ for use in the name of each New Index. Each Fund is not sponsored, endorsed, sold or promoted by NASDAQ and NASDAQ makes no representation or warranty regarding the advisability of investing in the Funds or as to the result to be obtained by any person from use of each New Index in connection with the trading of each Fund.
First Trust Advisors L.P., the Funds’ investment advisor, along with its affiliate, First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $119 billion as of May 31, 2015, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
You should consider each Fund’s investment objective, risks, charges and expenses carefully before investing. You can download a prospectus or contact First Trust Advisors L.P. to request a prospectus, which contains other information about the Funds. Read it carefully before you invest. The risks of investing in each Fund are spelled out in its prospectus, shareholder reports and other regulatory filings.
This press release does not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.