Key stats
About First Trust Europe AlphaDEX Fund
Expense ratio
0.80%
Home page
Inception date
Apr 18, 2011
FEP aims to outperform the broad European market by using a quantitative methodology to select stocks using growth and value factors. It then ranks these stocks based on the strength of the resulting style scores and weights them equally within quintiles, with higher scoring quintiles receiving greater weight in the index. Its weighting constraints are also set at 15% above the sector/country percentages of the base index. It reconstitutes and rebalances its portfolio semi-annually to maintain exposure to its expected outperformers. Sector biases abound, though they can also change in light of the fund's rebalancing.
Classification
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.