First Trust Advisors L.P. (“First Trust”), a global ETF provider and asset manager, announced that Chilean pension funds investment risk rating commission, La Comisión Clasificadora de Riesgo (CCR), has approved an additional First Trust exchange-traded fund (ETF) for sale to Chilean pension funds, known as la Asociación de Administradoras de Fondos de Pensiones (AFPs). According to Chile’s pension plan investment guidelines, before an ETF can be purchased in a pension fund, it must be approved by the CCR.
“More diverse ways to access emerging markets have long been on the list desired by our clients in Chile,” said Codie Sanchez, Head of Latin America & U.S. Offshore Distribution at First Trust. “We hope that by making FEM available to Chilean pension plans, we will be fulfilling that need.” The newly approved ETF and twelve previously approved ETFs are listed below.
First Trust Emerging Markets AlphaDEX® Fund (FEM)
First Trust Large Cap Value AlphaDEX® Fund (FTA)
First Trust Large Cap Core AlphaDEX® Fund (FEX)
First Trust Consumer Discretionary AlphaDEX® Fund (FXD)
First Trust Health Care AlphaDEX® Fund (FXH)
First Trust Financials AlphaDEX® Fund (FXO)
First Trust Europe AlphaDEX® Fund (FEP)
First Trust Cloud Computing ETF (SKYY)
First Trust Dow Jones Internet Index Fund (FDN)
First Trust Value Line® Dividend Index Fund (FVD)
First Trust Energy AlphaDEX® Fund (FXN)
First Trust NASDAQ-100-Technology Sector Index Fund (QTEC)
First Trust NYSE Arca Biotechnology Index Fund (FBT)
For more information about First Trust, please contact Ryan Issakainen of First Trust at (630) 765-8689 or RIssakainen@FTAdvisors.com.
About First Trust
First Trust is a federally registered investment advisor and serves as the Funds’ investment advisor. First Trust and its affiliate First Trust Portfolios L.P. (“FTP”), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services. First Trust has collective assets under management or supervision of approximately $126 billion as of June 30, 2018 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. First Trust is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. First Trust is based in Wheaton, Illinois.
You should consider a fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact First Trust Portfolios L.P. at 1-800-621-1675 to obtain a prospectus which contains this and other information about a fund. The prospectus should be read carefully before investing.
Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions. Shares may only be redeemed directly from a fund by authorized participants in very large creation/redemption units. Fund shares may trade at a discount to net asset value and possibly face delisting.
There are risks involved with investing in ETFs, including the potential loss of money. Index-based ETFs are not actively managed and may not match the return of the specific index it seeks to replicate.
There is no assurance that any funds listed will achieve their investment objectives. Please be aware that each fund listed is subject to various risks which, depending on the investment objective, may include risks such as concentration, sector, momentum investing, equity investing, and foreign and emerging markets. For a complete description of relative risks for a specific fund please obtain and carefully read the appropriate First Trust prospectus.
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
First Trust Advisors L.P. is the adviser to the funds. First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the funds’ distributor.
The Dow Jones Internet Composite IndexSM is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by First Trust. Dow Jones® and Dow Jones Internet Composite IndexSM are trademarks of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed to SPDJI and have been sublicensed for use for certain purposes by First Trust on behalf of the Fund. The First Trust Dow Jones Internet Index Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones or their respective affiliates and none of them makes any representation regarding the advisability of investing in such product.
"AlphaDEX®" is a registered trademark of First Trust Portfolios L.P. First Trust Portfolios L.P. has obtained a patent for the AlphaDEX® stock selection methodology from the United States Patent and Trademark Office.
The First Trust Cloud Computing ETF is not sponsored, endorsed, sold or promoted by the International Securities Exchange (ISE). ISE makes no representation or warranty, express or implied, to the owners of the fund or any member of the public regarding the advisability of trading in the fund. ISE’s only relationship to First Trust is the licensing of certain trademarks and trade names of the ISE and of the ISE Cloud Computing™ Index which is determined, composed and calculated by ISE without regard to First Trust or the fund.
"Value Line®" and "Value Line® Dividend Index" are trademarks or registered trademarks of Value Line, Inc. ("Value Line") and have been licensed for use for certain purposes by First Trust Advisors L.P. This product is not sponsored, endorsed, recommended, sold or promoted by Value Line and
Value Line makes no representation regarding the advisability of investing in products utilizing such strategy. First Trust Advisors L.P. is not affiliated with any Value Line company.
The NYSE Arca Biotechnology IndexSM is a trademark of the NYSE Group, Inc. or its affiliates ("NYSE") and is licensed for use by First Trust. The fund is not sponsored or endorsed by NYSE. NYSE makes no representation or warranty, express or implied, to the owners of the fund or any member of the public regarding the advisability of investing in the fund or the ability of the fund to track the performance of the various sectors represented in the stock market. NYSE has no obligation to take the needs of the owners of the fund into consideration in determining, composing or calculating the index. NYSE is not responsible for and has not participated in any determination or calculation made with respect to issuance or redemption of the fund.
Nasdaq®, NASDAQ-100®, NASDAQ-100 Index®, and NASDAQ-100 Technology Sector IndexSM are trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by First Trust Advisors L.P. The fund has not been passed on by the Corporations as to its legality or suitability. The fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
The views and opinions expressed are for informational purposes only. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities (in any jurisdiction to any person to whom it is not lawful to make such an offer) and should not be considered specific legal, investment or tax advice.
For Investors in Chile
The offer in Chile begins on 31 December 2014. This offer of securities complies with General Rule N°336 of the Chilean Superintendency of Securities and Insurances. The securities to which this offer refers have not been registered in the Foreign Securities Registry of the Chilean Superintendency of Securities and Insurances, and therefore, they are not subject to the supervision of such entity. As this offer of securities refers to not registered securities, there is no obligation of the issuer of the securities to deliver in Chile public information regarding the securities. These securities may not be publicly offered in Chile as long as they are not registered on the corresponding Securities Registry.
Esta oferta en Chile comienza el 31 de diciembre de 2014. Esta oferta de valores cumple con la Norma de Carácter General 336 de la Superintendencia de Valores y Seguros. Esta oferta versa sobre valores no inscritos en el Registro de Valores Extranjeros que lleva esta Superintendencia, por lo que tales valores no están sujetos a la fiscalización de ésta. Como esta oferta de valores se refiere a valores no inscritos, no existe la obligación por parte de su emisor de entregar en Chile información pública respecto de dichos valores. Estos valores no podrán ser objeto de oferta pública mientras no sean inscritos en el Registro de Valores correspondiente.