Bringing you live news and features since 2006 

First Trust Global Portfolios launches First Trust Global AlphaDEX UCITS ETF


First Trust Global Portfolios Limited, a London-based ETF distributor and advisor, announced that it has launched the First Trust Global AlphaDEX UCITS ETF on the Euronext Paris on 31 August 2015 (FGBL FP) and on the London Stock Exchange on 1 September 2015 (FGBL LN).

The Fund is based on the NASDAQ AlphaDEX Global Index, which employs the patented, rules-based AlphaDEX stock selection methodology to objectively select stocks from the NASDAQ Developed Markets Index.
“We are delighted to bring to market in Europe the First Trust Global AlphaDEX UCITS ETF. With this launch, investors now have a single ticker solution to investing globally using the proven AlphaDEX multi-factor methodology,” says Derek Fulton (pictured), CEO of FTGP.
The Fund offers European investors the same advantages FTGP’s existing lineup of five other AlphaDEX ETFs provide by selecting and weighting stocks based on investment merit, rather than size. Similar to active management, the goal of the AlphaDEX methodology is to use fundamental growth and value factors to identify stocks which exhibit the characteristics that enable them to provide the greatest potential for capital appreciation. Unlike traditional market-capitalisation indices which overweight larger companies simply because of their size, the AlphaDEX index methodology gives higher ranked stocks a higher weight within the Index. The aim of the AlphaDEX index methodology is to provide better long-term, risk-adjusted returns than those traditional market-capitalisation weighted indices.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by