Company Details
First Trust Mega Cap AlphaDEX Fund
FMK - NASDAQIdentifiants & Marche
Ticker
FMK
ISIN
N/A
CIK
0001383496
Bourse
NASDAQ
Devise
USD
Entreprise
Pays
N/A
Siege
N/A
Fondee
N/A
Site Web
N/A
Description
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® Mega Cap Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select mega cap stocks from the NASDAQ US 500 Large Cap 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.