First Trust Advisors L.P. (“First Trust”) a global
exchange-traded fund (ETF) provider and asset manager, announced
that the Mexican pension funds investment regulator, La Comisión
Nacional del Sistema de Ahorro para el Retiro (CONSAR), has
approved five additional First Trust ETFs for sale to Mexican
funded pensions, known as AFORES. In accordance with Mexico’s
pension plan investment guidelines, CONSAR must approve an ETF
before it can be purchased in a pension fund. They previously
approved two First Trust ETFs, which are listed below along with
the five newly approved ETFs.
Newly Approved
First Trust STOXX® European Select Dividend Index Fund (Ticker:
FDD)
First Trust Dow Jones Internet Index Fund (Ticker: FDN)
First Trust Financials AlphaDEX® Fund (Ticker: FXO)
First Trust Morningstar Dividend Leaders Index Fund (Ticker:
FDL)
First Trust ISE Chindia Index Fund (Ticker: FNI)
Previously Approved
First Trust Large Cap Value AlphaDEX® Fund (Ticker: FTA)
First Trust Large Cap Core AlphaDEX® Fund (Ticker: FEX)
As many institutional investors seek to invest in pensions
within Mexico, First Trust is pleased to expand its offerings of
ETFs available for use. The ETFs provide additional choices for
local pension managers as well as a means to diversify risk with a
product that generally involves lower costs than traditional mutual
funds.
“Mexico is truly a market to watch. We continue to be impressed
by the evolving Mexican pension system and are thrilled to be able
to offer investors five additional options for diversification,”
said Codie Sanchez-Baker, Head of First Trust Latin America
Investment Distribution. “Our hope is to provide unique ideas to
match the unique needs of these investors. It’s an honor to be part
of the investment community in Mexico and we consider it a
privilege and a responsibility to be taken very seriously.”
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 Advisors L.P., along with its affiliate First Trust
Portfolios L.P., 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 $95 billion as of
October 31, 2016 through unit investment trusts, exchange-traded
funds, closed-end funds, mutual funds and separate managed
accounts. First Trust is based in Wheaton, Illinois. For more
information, visit http://www.ftportfolios.com.
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 or visit
www.ftportfolios.com to obtain a prospectus or summary
prospectus which contains this and other information about a fund.
The prospectus or summary prospectus should be read carefully
before investing.
ETF Characteristics
A fund’s return may not match the return of its underlying
index. Securities held by the funds will generally not be bought or
sold in response to market fluctuations.
Investors buying or selling fund shares on the secondary market
may incur customary brokerage commissions. Market prices may differ
to some degree from the net asset value of the shares. Investors
who sell fund shares may receive less than the share’s net asset
value. Shares may be sold throughout the day on the exchange
through any brokerage account. However, unlike mutual funds, shares
may only be redeemed directly from the fund by authorized
participants, in very large creation/redemption units. If a fund's
authorized participants are unable to proceed with
creation/redemption orders and no other authorized participant is
able to step forward to create or redeem, fund shares may trade at
a discount to the fund's net asset value and possibly face
delisting.
Risks
A fund’s shares will change in value, and you could lose money
by investing in a fund. One of the principal risks of investing in
a fund is market risk. Market risk is the risk that a particular
security owned by a fund, fund shares or securities in general may
fall in value. There can be no assurance that a fund’s investment
objective will be achieved.
A fund may invest in securities issued by companies concentrated
in a particular industry, sector or country, which involves
additional risks including limited diversification. A fund may
invest in small capitalization and mid-capitalization companies.
Such companies may experience greater price volatility than larger,
more established companies.
An investment in a fund containing securities of non-U.S.
issuers is subject to additional risks, including currency
fluctuations, political risks, withholding, the lack of adequate
financial information, and exchange control restrictions impacting
non-U.S. issuers. These risks may be heightened for securities of
companies located in, or with significant operations in, emerging
market countries. A fund may invest in depositary receipts which
may be less liquid than the underlying shares in their primary
trading market.
The funds are classified as “non-diversified” and may invest a
relatively high percentage of their assets in a limited number of
issuers. As a result, the funds may be more susceptible to a single
adverse economic or regulatory occurrence affecting one or more of
these issuers, experience increased volatility and be highly
concentrated in certain issuers.
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 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 Mexico
The funds have been cross-listed on the Bolsa Mexicana de
Valores.
Investors should review all relevant offering materials,
including all applicable risk factors, and should consult with
financial and tax advisors relating to tax and other consequences
of investing in a particular security prior to making an
investment. None of the securities herein have been registered with
the National Securities Registry (Registro Nacional de Valores)
maintained by the Mexican National Banking and Securities
Commission (Comisión Nacional Bancaria y de Valores). Securities
not cross-listed on the Bolsa Mexicana de Valores nor registered
with the National Securities Registry (Registro Nacional de
Valores) may not be offered or sold publicly or otherwise be the
subject of brokerage activities in Mexico, except pursuant to the
private placement exemption set forth in article 8 of the
Securities Market Law (Ley del Mercado de Valores), to
institutional and qualified investors, as defined under Mexican law
and rules thereunder.
The STOXX Europe Select Dividend 30 Index and the trademarks
used in the index name are the intellectual property of STOXX
Limited, Zurich, Switzerland and/or its licensors. The index is
used under license from STOXX. The ETF based on the index is in no
way sponsored, endorsed, sold or promoted by STOXX and/or its
licensors and neither STOXX nor its licensors shall have any
liability with respect thereto.
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.
Morningstar is a registered trademark of Morningstar, Inc. and
has been licensed for use by First Trust Advisors L.P. The First
Trust Morningstar Dividend Leaders Index Fund is not sponsored,
endorsed, issued, sold or promoted by Morningstar, Inc., nor does
this company make any representation regarding the advisability of
investing in the fund.
The First Trust ISE Chindia Index Fund 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 ISE and of the ISE ChIndia IndexTM which is determined, composed
and calculated by ISE without regard to First Trust or the
fund.
"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.
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version on businesswire.com: http://www.businesswire.com/news/home/20161116006658/en/
First TrustRyan Issakainen(630) 765-8689RIssakainen@FTAdvisors.com
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