EXCHANGE TRADED FUND

FCA

First Trust China AlphaDEX Fund

$25.75 ▲ 1.06%

+$0.27 TODAY

FUND FACTS

Manager First Trust

Assets $29.75M

Expense ratio 0.80%

Inception Apr 18, 2011

Asset class International Equity

Holdings 0

Volume 536

Avg volume 44.19K

ABOUT THIS FUND

FCA offers broad China exposure with a twistit implements its AlphaDex methodology to select a concentrated portfolio of 50 stocks from the S&P China BMI universe based on a number of growth and value factors, subject to weighting constraints set at 15% above the sector percentages of the base index. The fund's tiered equal-weighting structure contributes to its significant mid and small-cap exposure. The fund is also rebalanced and reconstituted semi-annually. Overall, FCA is a breath of fresh air for those wanting to shy away from the 'big 4' Chinese state-owned banks that carry such a heavy hand in most China ETFs.