First Trust Value Line(R) Equity Allocation Index Fund Switches Listing to Nasdaq
(Thomson Reuters ONE) -
New Investment Objective That Corresponds to the Nasdaq AlphaDEX(R) Total US
Market Index
NEW YORK, Jan. 9, 2015 (GLOBE NEWSWIRE) -- Nasdaq today announced that First
Trust will transfer the First Trust Value Line(®) Equity Allocation Index Fund
(Symbol: FVI) from NYSE Arca to be listed on The Nasdaq Stock Market(®) on or
about Friday, January 9, 2015. The fund's new investment objective will seek
investment results that correspond generally to the price and yield (before the
fund's fees and expenses) of the Nasdaq AlphaDEX(®) Total US Market Index. The
new fund will be referred to as the First Trust Total US Market AlphaDEX(®) ETF
(Symbol: TUSA).
"We are excited to build our partnership with our good partners at First Trust
through the transfer of the First Trust Value Line(®) Equity Allocation Index
Fund to The Nasdaq Stock Market," said Jeffrey McCarthy, Head of ETP Listings at
Nasdaq. "We will continue to provide issuers like First Trust with an end-to-end
solution that provides ongoing support at every level including index licensing,
listings opportunities, data offerings and trading services."
The Nasdaq AlphaDEX(®) Total US Market Index is designed to objectively identify
and select stocks across market capitalizations (including large-cap, mid-cap
and small-cap companies) that exhibit growth and value factors and appear to
have the greatest potential for capital appreciation. It is a modified equal-
dollar weighted index comprised of U.S. exchange-listed securities of companies
with capital appreciation potential.
ETF Exchange/Indicative CUSIP
Value Ticker Symbol
First Trust Total US Market AlphaDEX ETF TUSA / TUSA.IV 33733E708
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 3,500 listed companies with
a market value of over $8.8 trillion and more than 10,000 corporate clients. To
learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com.
Nasdaq(®) is a registered trademark of The NASDAQ OMX Group, Inc. (which with
its affiliates and subsidiaries is collectively referred to as "Nasdaq") and is
licensed for use with the First Trust Total US Market AlphaDEX(®) ETF (the
"ETF") by First Trust Advisors L.P. The ETF has not been passed on by Nasdaq as
to its legality or suitability, and the ETF is not issued, endorsed or sold by
Nasdaq. Nasdaq makes no warranties and bears no liability with respect to the
ETF.
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.
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.
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#1885859]
Unternehmensinformation / Kurzprofil:
Datum: 09.01.2015 - 20:56 Uhr
Sprache: Deutsch
News-ID 363495
Anzahl Zeichen: 6420
contact information:
Town:
New York
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 163 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"First Trust Value Line(R) Equity Allocation Index Fund Switches Listing to Nasdaq"
steht unter der journalistisch-redaktionellen Verantwortung von
The NASDAQ OMX Group, Inc. (Nachricht senden)
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