As Mexican demand for multi-factor and thematic
ETFs grows, First Trust expands its offerings
First Trust Advisors L.P. (“First Trust”), a global ETF provider
and asset manager, announced today that it has cross-listed five
additional ETFs on the Mexican stock exchange, Bolsa Mexicana de
Valores (BMV). As many institutional investors seek to invest
within Mexico, First Trust is pleased to expand its offerings of
ETFs, bringing the total number of cross-listed ETFs to 59. The
ETFs provide additional choices for investors as well as a means to
diversify risk with a product that generally involves lower costs
than traditional mutual funds.
Newly Cross-listed ETFs First Trust Lunt U.S. Factor
Rotation ETF (Ticker: FCTR) First Trust Dow Jones International
Internet ETF (Ticker: FDNI) First Trust Indxx NextG ETF (Ticker:
NXTG) First Trust Mid Cap Growth AlphaDEX® Fund (Ticker: FNY) First
Trust Small Cap Growth AlphaDEX® Fund (Ticker: FYC)
“The Mexico market is dynamic, and we are pleased to expand our
cross-listed ETFs to offer more multi-factor and thematic solutions
for client portfolios.” said April Reppy Suydam, Head of Latin
America Distribution, First Trust.
For more information about First Trust, please contact Ryan
Issakainen at (630) 765-8689 or RIssakainen@FTAdvisors.com.
About First Trust
First Trust, a federally registered investment advisor, and its
affiliate First Trust Portfolios L.P. (“FTP”), a FINRA registered
broker-dealer, are privately held companies that provide a variety
of investment services. First Trust is the investment advisor to
exchange-traded funds, closed-end funds, mutual funds, separate
managed accounts and provides supervisory services to FTP sponsored
unit investment trusts. First Trust’s assets under management were
approximately $134 billion as of September 30, 2019. This includes
the supervisory services First Trust provides to FTP sponsored unit
investment trusts, which are unmanaged. FTP is a sponsor of unit
investment trusts and distributor of mutual fund shares and
exchange-traded fund creation units. First Trust is based in
Wheaton, Illinois. For more information, visit
http://www.ftportfolios.com.
You should consider a 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
which contains this and other information about a fund. The
prospectus should be read carefully before investing.
ETF Characteristics
Investors buying or selling fund shares on the secondary market
may incur customary brokerage commissions. 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 a fund by authorized participants, in very
large creation/redemption units. If a fund's authorized
participants are unable to proceed with creation/redemption orders
and no other authorized participant is able to step forward to
create or redeem, fund shares may trade at a discount to the fund's
net asset value and possibly face delisting.
Risk Considerations
A fund’s shares will change in value, and you could lose money
by investing in a fund. There can be no assurance that a fund’s
investment objective will be achieved.
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.
A fund may invest in a concentrated portfolio which involves
additional risks including limited diversification.
A fund may invest in small capitalization and mid capitalization
companies. Such companies may experience greater price volatility
than larger companies.
A fund containing securities of non-U.S. issuers is subject to
additional risks as non-U.S. issuers are subject to higher
volatility than securities of U.S. issuers. Risks may be heightened
for securities of companies located in, or with significant
operations in, emerging market countries. Non-U.S. dollar
denominated securities may lose money if the local currency
depreciates against the U.S. dollar.
A fund may effect a portion of creations and redemptions for
cash, rather than in-kind securities. As a result, a fund may be
less tax-efficient.
Certain 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. (FTA) is the adviser to the funds. FTA
is an affiliate of First Trust Portfolios L.P., the funds’
distributor.
First Trust Advisors L.P. is registered as a commodity pool
operator and commodity trading advisor and is also a member of the
National Futures Association.
Please be aware that each fund listed is subject to various
risks depending on the fund’s investment objectives. For a complete
description of relative risks for a specific fund, please obtain
and carefully read the appropriate First Trust prospectus by
calling 1-800-621-1675.
The information presented is not intended to constitute an
investment recommendation for, or advice to, any specific person.
By providing this information, First Trust is not undertaking to
give advice in any fiduciary capacity within the meaning of ERISA,
the Internal Revenue Code or any other regulatory framework.
Financial advisors are responsible for evaluating investment risks
independently and for exercising independent judgment in
determining whether investments are appropriate for their
clients.
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 Mexico:
The funds have been cross-listed on the Bolsa Mexicana de
Valores.
Investors should review all relevant offering materials,
including all applicable risk factors, and should consult with
financial and tax advisors relating to tax and other consequences
of investing in a particular security prior to making an
investment. None of the securities herein have been registered with
the National Securities Registry (Registro Nacional de Valores)
maintained by the Mexican National Banking and Securities
Commission (Comisión Nacional Bancaria y de Valores). Securities
not cross-listed on the Bolsa Mexicana de Valores nor registered
with the National Securities Registry (Registro Nacional de
Valores) may not be offered or sold publicly or otherwise be the
subject of brokerage activities in Mexico, except pursuant to the
private placement exemption set forth in article 8 of the
Securities Market Law (Ley del Mercado de Valores), to
institutional and qualified investors, as defined under Mexican law
and rules thereunder.
The cross listing of the securities identified herein does not
constitute or imply a certification as to the investment quality of
such securities or the accuracy or completeness of the information
included in all offering materials. The offering materials are
solely First Trust’s responsibility and have not been reviewed or
authorized by the CNBV or the BMV and may not be publicly offered
or distributed in Mexico. In making an investment decision, all
investors, including any Mexican investor, must rely on their own
examination of the relevant securities and the marketing
materials.
The Dow Jones International Internet Index is a product of
S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has
been licensed for use by First Trust Advisors L.P. Standard &
Poor's® and S&P® are registered trademarks of Standard &
Poor's Financial Services LLC ("S&P"); Dow Jones® is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones"); and these trademarks have been licensed for use by SPDJI
and sublicensed for certain purposes by First Trust Advisors L.P.
The First Trust Dow Jones International Internet ETF is not
sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P,
their respective affiliates, and none of such parties make any
representation regarding the advisability of investing in such
product nor do they have any liability for any errors, omissions,
or interruptions of the Dow Jones International Internet Index.
“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 Lunt Capital Large Cap Factor Rotation Index is the property
of Lunt Capital Management, Inc., which has contracted with Nasdaq,
Inc. to calculate and maintain the Index. The fund is not
sponsored, endorsed, sold or promoted by Nasdaq, Inc. or its
affiliates (Nasdaq, with its affiliates, are referred to as the
"Corporations"). The Corporations have not passed on the legality
or suitability of, or the accuracy or adequacy of descriptions and
disclosures relating to, the fund. The Corporations make no
representation or warranty, express or implied to the owners of the
fund or any member of the public regarding the advisability of
investing in securities generally or in the fund particularly, or
the ability of the index to track general stock performance.
“Indxx” and “Indxx 5G & NextG Thematic Index” are trademarks
of Indxx, LLC and have been licensed for use for certain purposes
by First Trust Advisors L.P. First Trust Indxx NextG ETF is based
on the Indxx 5G & NextG Thematic Index and is not sponsored,
endorsed, sold or promoted by Indxx, LLC, and Indxx, LLC makes no
representation regarding the advisability of trading in such
product.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191028005727/en/
Ryan Issakainen First Trust (630) 765-8689
RIssakainen@FTAdvisors.com
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