The Chilean pension funds investment Risk Rating Commission, La Comisión Clasificadora de Riesgo (CCR), has approved two First Trust ETFs for sale to Chilean pension funds.
According to Chile’s pension plan investment guidelines, before an ETF can be purchased in a pension fund, it must be approved by the CCR.
“We are pleased that two AlphaDEX ETFs are officially approved for sale to Chilean pension funds,” says Dan Lindquist, Managing Director of First Trust. “This opportunity helps to further expand the footprint of our merit-based AlphaDEX ETFs into a new institutional market for First Trust.
“This opportunity helps to further expand the footprint of our merit-based AlphaDEX ETFs into a new institutional market for First Trust.”
The two funds that have been approved are:
First Trust Large Cap Value AlphaDEX® Fund (NYSE Arca: FTA)
First Trust Large Cap Core AlphaDEX® Fund (NYSE Arca: FEX)
