First Trust Advisors will unveil 13 new exchange-traded funds (ETFs) on April 19, 2011. The proposed funds include nine international funds, including the FPA First Trust Asia Pacific Ex-Japan AlphaDEX Fund, the FEP First Trust Europe AlphaDEX Fund, the FLN First Trust Latin America AlphaDEX Fund, the FCA First Trust China AlphaDEX Fund and the FEM First Trust Emerging Markets AlphaDEX Fund.
Four small- and mid- cap domestic funds will also be launched, including the FNY First Trust Mid Cap Growth AlphaDEX Fund, the FNK First Trust Mid Cap Value AlphaDEX Fund, the FYC First Trust Small Cap Growth AlphaDEX Fund and the FYT First Trust Small Cap Value AlphaDEX Fund. The vehicles will be listed on the NYSE Arca.
Click here for the release from Business Wire.