Nasdaq Lists First Trust Eurozone AlphaDEX(R) ETF
(Thomson Reuters ONE) -
Alternative Strategy to Active Management When Seeking Alpha
NEW YORK, Oct. 21, 2014 (GLOBE NEWSWIRE) -- Nasdaq today announced that First
Trust will list one new exchange-traded fund, First Trust Eurozone AlphaDEX(®)
ETF (Symbol: FEUZ), on The Nasdaq Stock Market. FEUZ will begin trading on
Nasdaq, Wednesday, October 22, 2014.
"The AlphaDEX index methodology aims to provide better long-term, risk-adjusted
returns than traditional market-cap weighted indices," said Ryan Issakainen,
CFA, Senior Vice President and ETF Strategist at First Trust. "This ETF joins
First Trust's existing lineup of 39 other AlphaDEX ETFs, in providing stock
selection and weightings based on investment merit, rather than size."
FEUZ is an exchange-traded fund that seeks investment results that correspond
generally to the price and yield, before the fund's fees and expenses, of the
Nasdaq AlphaDEX(®) Eurozone Index. The fund is based on a custom enhanced index
which employs the proprietary, rules-based AlphaDEX(®) fundamental stock
selection methodology. FEUZ provides a way to gain exposure to the potential
opportunity in Eurozone equities without having to choose individual companies.
By providing additional features such as tax efficiency, exchange-traded
liquidity and transparency, the fund offers an alternative strategy to active
management when seeking alpha.
"We are pleased to launch FEUZ with our good partners at First Trust and are
thrilled they chose The Nasdaq Stock Market to list and trade their ETFs," said
Walt Smith, Vice President, Head of U.S. Equities at Nasdaq. "We will continue
to support First Trust as they expand their robust product offering and gain
exposure to traders that participate in multiple asset classes and execution
platforms globally."
Nasdaq operates an efficient platform for successfully introducing a product
suite into one of the single largest pools of liquidity, including market
participants which represent a full spectrum of investors. ETF issuers benefit
from an end-to-end solution that provides ongoing product support including
index licensing, listings opportunities, data offerings and trading services. As
the home to some of the world's most innovative ventures, Nasdaq generates
opportunities for issuers to access new markets and deliver new concepts that
change the way the industry develops, manages and applies ETFs.
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 $90 billion as of
September 30, 2014 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.
About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, exchange technology,
information and public company services across six continents. Through its
diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and
execute their business vision with confidence, using proven technologies that
provide transparency and insight for navigating today's global capital markets.
As the creator of the world's first electronic stock market, its technology
powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's
securities transactions. Nasdaq is home to more than 3,400 listed companies with
a market value of over $8.5 trillion and more than 10,000 corporate clients. To
learn more, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements include, but are not limited to, statements about
Nasdaq and its products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
Nasdaq's control. These factors include, but are not limited to factors detailed
in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S.
Securities and Exchange Commission. We undertake no obligation to release any
revisions to any forward-looking statements.
Nothing contained herein should be construed as investment advice from Nasdaq,
either on behalf of a particular financial product or an overall investment
strategy. Nasdaq makes no recommendation to buy or sell any financial product or
any representation about the financial condition of any company or fund.
Investors should undertake their own due diligence and carefully evaluate
financial products before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS
STRONGLY ADVISED.
NDAQG
CONTACT: First Trust Media Contact:
Ryan Issakainen
+1 (630) 765-8689
Rissakainen(at)ftadvisors.com
Nasdaq Media Contact:
Alexa Sugrue
+1 (212) 231-5552 (office)
+1 (646) 577-3157 (mobile)
Alexa.Sugrue(at)nasdaq.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: The NASDAQ OMX Group, Inc. via GlobeNewswire
[HUG#1864317]
Unternehmensinformation / Kurzprofil:
Datum: 21.10.2014 - 14:30 Uhr
Sprache: Deutsch
News-ID 345715
Anzahl Zeichen: 6511
contact information:
Town:
New York
Kategorie:
Business News
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"Nasdaq Lists First Trust Eurozone AlphaDEX(R) ETF"
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