Key stats
About First Trust Brazil AlphaDEX Fund
Expense ratio
0.80%
Home page
Inception date
Apr 18, 2011
FBZ does not attempt to provide neutral exposure to Brazil, instead it tries to select firms best positioned to outperform the market. This gives it a significant small- and midcap tilt and a choice for those investors willing to assume the increased risks of its portfolio. Sector bets also drive a slightly increased beta. To construct its portfolio, the fund will select 50 stocks with the highest selection score based on growth and value factors. These are then split into quintiles, with higher scoring quintiles receiving greater weight in the index. Weighting constraints are also set at 15% above the sector/country percentages of the base index. The fund is rebalanced and reconstituted semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Non-Energy Minerals
Stocks93.26%
Finance19.13%
Utilities15.78%
Non-Energy Minerals12.53%
Retail Trade6.68%
Commercial Services6.55%
Consumer Non-Durables5.71%
Electronic Technology5.07%
Energy Minerals4.90%
Technology Services4.73%
Communications3.94%
Process Industries2.82%
Consumer Services2.59%
Distribution Services2.27%
Health Technology0.56%
Bonds, Cash & Other6.74%
UNIT6.21%
Cash0.53%
Futures0.00%
Rights & Warrants0.00%
Stock breakdown by region
Latin America88.93%
North America11.07%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history