Key stats
About First Trust Brazil AlphaDEX Fund
Expense ratio
0.80%
Home page
Inception date
Apr 18, 2011
FBZ does not attempt to provide neutral exposure to Brazil, instead it tries to select firms best positioned to outperform the market. This gives it a significant small- and midcap tilt and a choice for those investors willing to assume the increased risks of its portfolio. Sector bets also drive a slightly increased beta. To construct its portfolio, the fund will select 50 stocks with the highest selection score based on growth and value factors. These are then split into quintiles, with higher scoring quintiles receiving greater weight in the index. Weighting constraints are also set at 15% above the sector/country percentages of the base index. The fund is rebalanced and reconstituted semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Utilities
Finance
Consumer Non-Durables
Non-Energy Minerals
Stocks97.31%
Utilities15.64%
Finance15.63%
Consumer Non-Durables12.94%
Non-Energy Minerals12.07%
Retail Trade8.49%
Communications5.52%
Technology Services5.40%
Electronic Technology4.86%
Energy Minerals4.83%
Process Industries3.46%
Producer Manufacturing2.45%
Transportation1.79%
Commercial Services1.08%
Health Services1.05%
Distribution Services1.04%
Consumer Services0.58%
Health Technology0.46%
Bonds, Cash & Other2.69%
UNIT2.35%
Cash0.33%
Miscellaneous−0.00%
Stock breakdown by region
Latin America92.17%
North America7.83%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history