Key stats
About First Trust China AlphaDEX Fund
Expense ratio
0.80%
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Inception date
Apr 18, 2011
ISIN
US33737J1410
FCA offers broad China exposure with a twistit 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.
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Utilities
Stock breakdown by region