First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) ETF
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First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) ETF Bio
The investment objective of the First Trust Emerging Markets Small Cap AlphaDEX ETF seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEX Emerging Markets Small Cap Index. The New Index is a modified equal-dollar weighted index calculated by The NASDAQ OMX Group, Inc. based on select small cap securities from the NASDAQ Emerging Markets Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX selection methodology.