Key stats
About First Trust Switzerland AlphaDEX Fund
Expense ratio
0.80%
Home page
Inception date
Feb 14, 2012
ISIN
US33737J2327
FSZ seeks to outperform its market benchmark by using a quantitative model to select, rank and weight stocks from the NASDAQ Switzerland Index based on a variety of growth and value style factors. Specifically, growth factors includes 3-, 6- and 12-month price appreciation, sales to price and one year sales growth, while value factors includes book value to price, cash flow to price and return on assets. Based on their style ranking, the top-40 selected stocks are divided into quintiles, and the top-ranked quintiles receives greater weight in the index. Stocks within each quintile are equally weighted. This method makes the funds performance deviate from its benchmark. The index is rebalanced and reconstituted semi-annually each January and July.
Classification
What's in the fund
Exposure type
Finance
Producer Manufacturing
Health Technology
Stock breakdown by region