Key stats
About First Trust Emerging Markets AlphaDEX Fund
Expense ratio
0.80%
Home page
Inception date
Apr 18, 2011
FEM does not promise broad exposure to emerging markets, trying instead to build a portfolio of stocks positioned to outperform. The fund uses a selection methodology focused on growth and value factors to screen firms by scoring each security twice by both growth and value characteristics, assigning whatever score is highest as the stock's style score. It then takes the 150 top-scoring stocks and breaks them into quintiles, giving higher-scoring quintiles greater weight in the index. The index is rebalanced and reconstituted semi-annually.
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Stock breakdown by region