Vmbook Online ordering

First Trust Germany Alphadex

First Trust Germany AlphaDEX Fund is a non-diversified, open-end management investment company. The fund's investment objective is to seek investment results that correspond to the price and yield of an index called the "Deutsche Borse China Blue Chip Index." The fund trades on the NYSE Arca, Inc. exchange under the ticker symbol FGM.

FGM's investment approach is based on the "AlphaDEX" investment strategy, which combines a rules-based methodology to select stocks and then linearly scales the portfolio according to a proprietary risk model. The fund invests at least 80% of its net assets in equity securities in the AlphaDEX Germany Index, which covers about 90% of the German market.

Germany ETF (FGM) fact sheet:

ETF Net Asset Value (NAV) $171.6 M

Current shares outstanding 3.88 M

Year-to-date return as of Dec 29, 2022 -23.8%

Gross Expense Ration 0.80%

Inception Date Aug 24, 2011

IOPV ticker FGM.IV

Index ticker DBAI

Shares outstanding 4.03 M

Website www.ftportfolios.com

Shares outstanding 4.03 M

In conclusion, the First Trust Germany AlphaDEX Fund (FGM) seeks investment results that correspond to the price and yield of an index called the "Deutsche Borse China Blue Chip Index." The fund follows a rules-based methodology for picking stocks and then adjusts the portfolio according to a proprietary risk model.

    Short financial exchange-traded-fund first-trust-germany-alphadex index