As Mexican demand for U.S. and global ETFs
grows, First Trust expands its offerings
First Trust Advisors L.P. (“First Trust”), a global ETF provider
and asset manager, today announced that it has cross-listed five
additional exchange-traded funds (ETFs) on the Mexican stock
exchange, Bolsa Mexicana de Valores (BMV). First Trust first
entered the Mexican market in 2011. The additional listings bring
the total number of Mexican listed First Trust ETFs to 37. “We
continue to see a growing number of Mexican investors utilize ETFs
to meet their investment needs, and through investments like our
newly listed ETFs, we hope to help our clients navigate these
difficult markets,” said Codie Sanchez Baker, First Trust Latin
America Investment Distribution. “Given the demand and our positive
outlook for Mexico, we have increased coverage and resources to the
region substantially, and plan to further our focus on Mexico in
2015.”
J.P. Morgan sponsors the cross-listing of First Trust’s ETFs and
services the ETFs by handling corporate actions, disseminating
information and working with investors in Mexico.
“We are delighted to provide Mexican investors additional
choices to invest more broadly and diversify risk. We believe the
key features provided by our ETFs, such as transparency, style
consistency and differentiated market exposures, make them
attractive to investors,” said Dan Lindquist, Managing Director of
First Trust. “Mexico presents a significant opportunity for First
Trust. As demand for ETFs in Mexico continues to grow, we plan to
be there to meet that demand.”
The five additional ETFs are:
First Trust NASDAQ Technology Dividend Index Fund (Ticker
Symbol: TDIV)Multi-Asset Diversified Income Index Fund (Ticker
Symbol: MDIV)First Trust NASDAQ-100-Technology Sector Index Fund
(Ticker Symbol: QTEC)First Trust US IPO Index Fund (Ticker Symbol:
FPX)First Trust Value Line® Dividend Index Fund (Ticker Symbol:
FVD)
For more information about First Trust, please contact Ryan
Issakainen of First Trust at (630) 765-8689 or
RIssakainen@FTAdvisors.com.
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 $105 billion as of
November 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.
You should consider each fund’s investment objectives, risks,
and charges and expenses carefully before investing. Contact First
Trust Portfolios L.P. at 1-800-621-1675 to obtain a prospectus or
summary prospectus which contains this and other information about
the funds. The prospectus or summary prospectus should be read
carefully before investing.
An index fund’s return may not match the return of the
applicable index. Securities held by an index fund will generally
not be bought or sold in response to market fluctuations.
Investors buying or selling fund shares on the secondary market
may incur customary brokerage commissions. Market prices may differ
to some degree from the net asset value of the shares. Investors
who sell fund shares may receive less than the share’s net asset
value. Shares may be sold throughout the day on the exchange
through any brokerage account. However, unlike mutual funds, shares
may only be redeemed directly from the fund by authorized
participants, in very large creation/redemption units.
A fund’s shares will change in value, and you could lose money
by investing in a fund. One of the principal risks of investing in
a fund is market risk. Market risk is the risk that a particular
stock owned by a fund, fund shares or stocks in general may fall in
value. There can be no assurance that the fund’s investment
objective will be achieved.
A fund may invest in securities issued by companies concentrated
in a particular industry or sector which involves additional risks
including limited diversification. A fund may invest in small
capitalization and mid capitalization companies. Such companies may
experience greater price volatility than larger, more established
companies.
An investment in a fund containing securities of non-U.S.
issuers is subject to additional risks, including currency
fluctuations, political risks, withholding, the lack of adequate
financial information, and exchange control restrictions impacting
non-U.S. issuers. These risks may be heightened for securities of
companies located in, or with significant operations in, emerging
market countries. A fund may invest in depositary receipts which
may be less liquid than the underlying shares in their primary
trading market.
Preferred securities combine some of the characteristics of both
common stocks and bonds. Preferred securities are typically
subordinated to bonds and other debt instruments in a company’s
capital structure, in terms of priority to corporate income, and
therefore will be subject to greater credit risk than those debt
instruments. Preferred securities are also subject to credit risk,
interest rate risk and income risk.
High-yield securities, or “junk” bonds, are subject to greater
market fluctuations and risk of loss than securities with higher
ratings, and therefore, may be highly speculative. These securities
are issued by companies that may have limited operating history,
narrowly focused operations, and/or other impediments to the timely
payment of periodic interest and principal at maturity. The market
for high-yield securities is smaller and less liquid than that for
investment grade securities.
The stocks of companies that have recently conducted an initial
public offering are often subject to price volatility and
speculative trading. These stocks may have exhibited above average
price appreciation in connection with the initial public offering
prior to inclusion in the fund. The price of stocks included in the
fund may not continue to appreciate and their performance may not
replicate the performance exhibited in the past.
TDIV and FPX are classified as “non-diversified” and may invest
a relatively high percentage of their assets in a limited number of
issuers. As a result, the funds may be more susceptible to a single
adverse economic or regulatory occurrence affecting one or more of
these issuers, experience increased volatility and be highly
concentrated in certain issuers.
Investors should review all relevant offering materials,
including all applicable risk factors, and should consult with
financial and tax advisors relating to tax and other consequences
of investing in a particular security prior to making an
investment.
The securities have not been and will not be registered with the
National Securities Registry maintained by the Mexican National
Banking and Securities Commission, and may not be offered or sold
publicly in Mexico. The securities may be offered, on a private
basis, to Mexican institutional and accredited investors.
Nasdaq®, OMX®, Nasdaq OMX® and NASDAQ Technology Dividend
IndexSM, NASDAQ Multi-Asset Diversified Income IndexSM, and
Nasdaq-100 Technology Sector IndexSM are registered trademarks and
service marks of The NASDAQ OMX Group, Inc. (which with its
affiliates is referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. The funds have not been passed
on by the Corporations as to their legality or suitability. The
funds are not issued, endorsed, sold, or promoted by the
Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO
LIABILITY WITH RESPECT TO THE FUNDS.
A patent with respect to the IPOX® index methodology has been
issued (U.S. Pat. No. 7,698,197). IPOX® is a registered
international trademark of IPOX® Schuster LLC
(www.ipoxschuster.com).
“Value Line®” and “Value Line® Dividend Index” are trademarks or
registered trademarks of Value Line, Inc. (“Value Line”) in the
United States and other countries and have been licensed for use
for certain purposes by First Trust Advisors L.P. This product is
not sponsored, endorsed, recommended, sold or promoted by Value
Line and Value Line makes no representation regarding the
advisability of investing in products utilizing such strategy.
First Trust Advisors L.P. is not affiliated with any Value Line
company.
First TrustRyan Issakainen(630)
765-8689RIssakainen@FTAdvisors.com
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