First Trust has launched a new ETF offering investors access to the performance of companies based in eurozone countries on the Xetra and Börse Frankfurt.
The First Trust ETF – First Trust Eurozone AlphaDEX UCITS ETF offers an investment in the performance of companies from eurozone countries. The benchmark index is the NASDAQ AlphaDEX Eurozone Index: a balanced index with the aim of achieving a higher return than the classic NASDAQ Eurozone Index through a rule-based selection methodology.
The weighting of the benchmark index takes into account asset and growth factors as well as size factors.
The earnings of the equity ETF are reinvested.
