Trade First Trust Europe AlphaDEX Fund - FEP CFD

First Trust Europe AlphaDEX Fund Company profile

The investment seeks 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® Europe Index (the "index").The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks, depositary receipts, real estate investment trusts ("REITs") and preferred shares that comprise the index. The index is designed to select stocks from the NASDAQ Europe Index (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology. FEP is unique from other options in the Europe Equities ETFdb Category thanks to the methodology of the underlying index - this fund seeks to replicate an AlphaDEX benchmark that employs a quant-based screening system designed to select the component stocks with the greatest potential for capital appreciation.