Chile’s Pension Risk Rating Commission Approves Sale of Eight First Trust ETFs

WHEATON, Ill.--()--First Trust Advisors L.P. (“First Trust”), a global ETF provider and asset manager, announced that Chilean pension funds investment risk rating commission, La Comisión Clasificadora de Riesgo (CCR), has approved six additional First Trust ETFs for sale to Chilean pension funds, known as la Asociación de Administradoras de Fondos de Pensiones (AFPs). The CCR previously approved two First Trust ETFs last year. According to Chile’s pension plan investment guidelines, before an ETF can be purchased in a pension fund, it must be approved by the CCR.

“We’re amazed and inspired by how our institutional clients in Chile use our products and services to solve problems and develop long-term strategies for investing on behalf of their clients,” said Codie Sanchez-Baker, Head of Latin America and U.S. Offshore Distribution at First Trust. “In an effort to continue to support the Chilean AFPs in particular, we are thrilled to now have eight ETFs available for Chilean pension managers to utilize as they help their participants reach their investment goals.” The six newly approved ETFs and two previously approved ETFs are listed below.

Newly Approved
First Trust Consumer Discretionary AlphaDEX® Fund (FXD)
First Trust Health Care AlphaDEX® Fund (FXH)
First Trust Financials AlphaDEX® Fund (FXO)
First Trust Europe AlphaDEX® Fund (FEP)
First Trust ISE Cloud Computing Index Fund (SKYY)
First Trust Dow Jones Internet Index Fund (FDN)

Previously Approved
First Trust Large Cap Value AlphaDEX® Fund (FTA)
First Trust Large Cap Core AlphaDEX® Fund (FEX)

Chile is one of the largest pension markets in the world with total assets of $159 billion in 2015, according to Willis Towers Watson. The AFPs’ strict methods for assessing risk and selecting skilled investment professionals supports their sophisticated pension system. “We hope these ETFs which span sectors, regions and styles, will be innovative and relevant solutions for the markets of today,” Sanchez-Baker said. “We have always been single minded in our goal at First Trust to serve our clients and look forward to continuing to do just that in Chile.”

For more information about First Trust, please contact Ryan Issakainen of First Trust at (630) 765-8689 or

About First Trust

First Trust Advisors L.P., 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 $97 billion as of April 29, 2016 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. First Trust is based in Wheaton, Illinois. For more information, visit

You should consider each fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact First Trust Portfolios L.P. at 1-800-621-1675 to obtain a prospectus or summary prospectus which contains this and other information about the funds. The prospectus or summary prospectus should be read carefully before investing.

An index fund’s return may not match the return of the applicable index. Securities held by an index fund will generally not be bought or sold in response to market fluctuations.

Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions. Market prices may differ to some degree from the net asset value of the shares. Investors who sell fund shares may receive less than the share’s net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from the fund by authorized participants, in very large creation/redemption units.

A fund’s shares will change in value, and you could lose money by investing in a fund. One of the principal risks of investing in a fund is market risk. Market risk is the risk that a particular stock owned by a fund, fund shares or stocks in general may fall in value. There can be no assurance that the fund’s investment objective will be achieved.

A fund may invest in small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies. A fund may invest in securities issued by companies concentrated in a particular industry or sector which involves additional risks including limited diversification.

The funds are classified as “non-diversified” and may invest a relatively high percentage of their assets in a limited number of issuers. As a result, the funds may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers.

First Trust Advisors L.P. is the advisor to the funds. First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the funds’ distributor.

“AlphaDEX®” is a registered trademark of First Trust Portfolios L.P. First Trust Portfolios L.P. has obtained a patent for the AlphaDEX® stock selection methodology from the United States Patent and Trademark Office.

The First Trust ISE Cloud Computing Index Fund is not sponsored, endorsed, sold or promoted by the International Securities Exchange (ISE). ISE makes no representation or warranty, express or implied, to the owners of the fund or any member of the public regarding the advisability of trading in the fund. ISE’s only relationship to First Trust is the licensing of certain trademarks and trade names of the ISE and of the ISE Cloud Computing™ Index which is determined, composed and calculated by ISE without regard to First Trust or the fund.

The Dow Jones Internet Composite Index℠ is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by First Trust. Dow Jones® and Dow Jones Internet Composite Index℠ are trademarks of Dow Jones Trademark Holdings LLC (“Dow Jones”) and have been licensed to SPDJI and have been sublicensed for use for certain purposes by First Trust on behalf of the Fund. The First Trust Dow Jones Internet Index Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones or their respective affiliates and none of them makes any representation regarding the advisability of investing in such product.

The views and opinions expressed are for informational purposes only. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities (in any jurisdiction to any person to whom it is not lawful to make such an offer) and should not be considered specific legal, investment or tax advice.

For Investors in Chile

The offer in Chile begins on 31 December 2014. This offer of securities complies with General Rule N°336 of the Chilean Superintendency of Securities and Insurances. The securities to which this offer refers have not been registered in the Foreign Securities Registry of the Chilean Superintendency of Securities and Insurances, and therefore, they are not subject to the supervision of such entity. As this offer of securities refers to unregistered securities, there is no obligation of the issuer of the securities to deliver in Chile public information regarding the securities. These securities may not be publicly offered in Chile as long as they are not registered on the corresponding Securities Registry.

Esta oferta en Chile comienza el 31 de diciembre de 2014. Esta oferta de valores cumple con la Norma de Carácter General 336 de la Superintendencia de Valores y Seguros. Esta oferta versa sobre valores no inscritos en el Registro de Valores Extranjeros que lleva esta Superintendencia, por lo que tales valores no están sujetos a la fiscalización de ésta. Como esta oferta de valores se refiere a valores no inscritos, no existe la obligación por parte de su emisor de entregar en Chile información pública respecto de dichos valores. Estos valores no podrán ser objeto de oferta pública mientras no sean inscritos en el Registro de Valores correspondiente.


First Trust
Ryan Issakainen
(630) 765-8689


First Trust
Ryan Issakainen
(630) 765-8689