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First Trust Reschedules Investment Objective Changes for 7 AlphaDEX ® ETFs

2015-03-27 16:42 ET - News Release


Company Website: http://www.ftportfolios.com/
WHEATON, Ill. -- (Business Wire)

First Trust Advisors L.P. (“FTA”) previously announced that on or about April 14, 2015, each of the seven index exchange-traded funds listed below (each a “Fund”) will change its investment objective and seek investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of a NASDAQ AlphaDEX® Equity Index. These changes to each Fund’s investment objective are being rescheduled and will occur no later than October 8, 2015. Until the change in investment objective, each Fund will continue to seek investment results that correspond generally to the price and yield of its current index specified below (“Current Index”). Each Current Index is created, maintained and calculated by S&P Dow Jones Indices LLC (“SPDJ”). In addition, each Fund will continue to list on the NYSE Arca Inc. under its current ticker symbol.

       
Fund Name and Ticker     Current Index
First Trust Developed Markets ex-US Small Cap AlphaDEX® Fund (“FDTS”)     Defined Developed Markets Small Cap Index
First Trust Emerging Markets Small Cap AlphaDEX® Fund (“FEMS”)     Defined Emerging Markets Small Cap Index
First Trust Emerging Markets AlphaDEX® Fund (“FEM”)     Defined Emerging Markets Index
First Trust Europe AlphaDEX® Fund (“FEP”)     Defined Europe Index
First Trust Asia Pacific Ex-Japan AlphaDEX® Fund (“FPA”)     Defined Asia Pacific Ex-Japan Index
First Trust Latin America AlphaDEX® Fund (“FLN”)     Defined Latin America Index
First Trust Developed Markets Ex-US AlphaDEX® Fund (“FDT”)     Defined Developed Markets Ex-US Index
   

AlphaDEX® is a trademark owned by First Trust Portfolios L.P. (“FTP”). FTP has licensed to SPDJ, free of charge, the right to use certain intellectual property owned by FTP, including the AlphaDEX® trademark and the AlphaDEX® stock selection method, in connection with the SPDJ’s calculation of each Current Index.

The Funds are not sponsored, endorsed, sold or promoted by SPDJ and SPDJ makes no representation or warranty regarding the advisability of investing in the Funds or as to the result to be obtained by any person from use of the Current Index in connection with the trading of each Fund.

FTA has served as the Funds’ investment advisor since each Fund’s inception. FTA, along with its affiliate FTP, are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $113 billion as of February 28, 2015, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

You should consider each Fund’s investment objective, risks, charges and expenses carefully before investing. You can download a prospectus or contact FTA to request a prospectus, which contains other information about the Funds. Read it carefully before you invest. The risks of investing in each Fund are spelled out in its prospectus, shareholder reports and other regulatory filings.

This press release does not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Contacts:

First Trust Advisors L.P.
Press Inquiries: Ryan Issakainen, (630) 765-8689
Analyst Inquiries: Stan Ueland, (630) 517-7633

Source: First Trust Advisors L.P.

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