Symbols

FCA

First Trust China AlphaDEX Fund·NASDAQ

--(--)

Key Stats

Assets Under Management

78.27MUSD

Fund Flows (1Y)

11.35MUSD

Dividend Yield

2.32%

Discount/Premium to NAV

1.66%

Shares Outstanding

2.45M

Expense Ratio

0.80%

About First Trust China AlphaDEX Fund

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

http://www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=FCA

Inception Date

Apr 18, 2011

Structure

Open-Ended Fund

Index Tracked

Nasdaq AlphaDEX China Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

FCA offers broad China exposure with a twist—it implements its AlphaDex methodology to select a concentrated portfolio of 50 stocks from the S&P China BMI universe based on a number of growth and value factors, subject to weighting constraints set at 15% above the sector percentages of the base index. The fund's tiered equal-weighting structure contributes to its significant mid and small-cap exposure. The fund is also rebalanced and reconstituted semi-annually. Overall, FCA is a breath of fresh air for those wanting to shy away from the 'big 4' Chinese state-owned banks that carry such a heavy hand in most China ETFs.