Fund Description
The First Trust Brazil AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the NASDAQ AlphaDEX Brazil Index. The NASDAQ AlphaDEX Brazil Index is an "enhanced" index created and administered by The NASDAQ OMX Group, Inc. ("NASDAQ") which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Brazil Index that meet certain criteria. NASDAQ constructs the NASDAQ AlphaDEX Brazil Index by ranking the eligible stocks from the NASDAQ Brazil Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style.
Fund Profile
Fund Name First Trust Brazil AlphaDEX Fund
Fund Exchange Ticker FBZ
Fund Sponsor First Trust
Fund ISIN US33737J1337
Net Expense Ratio 0.80 %
Fund Inception Date 18 April 2011
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Country Specific
Asset Class Equities (Stocks)
Index Linked Passive
Index Name NASDAQ AlphaDEX Brazil Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Emerging Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Latin America
Key Statistics
Return As of Date 21 January 2021
Asset Under Management 8.31 Million (USD)
1 Month Total Return -6.08 %
Year To Date Return -4.33 %
1 Year Total Return -26.01 %
3 Year Annualized Total Return 0.42 %
NAV 12.78
Share Outstanding 650,002
Top 10 Holdings (21 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
Suzano Papel e Celulose SA SUZB3 EQUI 0.0371046976
VALE SA VALE3 EQUI 0.0354405916
Cia. de Transmissao de Enegia Eletrica Paulista (Preference) TRPL4 PREF 0.0326006488
Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) (Peference A) USIM5 PREF 0.0321750818
WEG SA WEGE3 EQUI 0.0307334135
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes CYRE3 EQUI 0.0302921999
Companhia Paranaense de Energia-Copel (Preference B) CPLE6 PREF 0.0293608544