First Trust Advisors L.P. (“First Trust”), a global ETF provider
and asset manager, announced that Chilean pension funds investment
risk rating commission, La Comisión Clasificadora de Riesgo (CCR),
has approved four additional First Trust exchange-traded funds
(ETFs) for sale to Chilean pension funds, known as la Asociación de
Administradoras de Fondos de Pensiones (AFPs). According to Chile’s
pension plan investment guidelines, before an ETF can be purchased
in a pension fund, it must be approved by the CCR.
“Chile’s pension system continues to grow and expand and we are
excited and privileged to grow alongside it,” said Codie Sanchez,
Head of Latin America & U.S. Offshore Distribution at First
Trust “Our clients in Chile were looking for new ways to access
sectors and subsectors in the U.S. and we believe these additional
four funds will help fill a gap in the market.” The four newly
approved ETFs and eight previously approved ETFs are listed
below.
Newly Approved First Trust Value Line® Dividend Index
Fund (FVD)First Trust Energy AlphaDEX® Fund (FXN)First Trust
NASDAQ-100-Technology Sector Index Fund (QTEC)First Trust NYSE Arca
Biotechnology Index Fund (FBT)
Previously Approved First Trust Large Cap Value AlphaDEX®
Fund (FTA)First Trust Large Cap Core AlphaDEX® Fund (FEX)First
Trust Consumer Discretionary AlphaDEX® Fund (FXD)First Trust Health
Care AlphaDEX® Fund (FXH)First Trust Financials AlphaDEX® Fund
(FXO)First Trust Europe AlphaDEX® Fund (FEP)First Trust Cloud
Computing ETF (SKYY)First Trust Dow Jones Internet Index Fund
(FDN)
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 $111 billion as of
September 29, 2017 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 a fund’s investment objectives, risks,
and charges and expenses carefully before investing. Contact First
Trust Portfolios L.P. at 1-800-621-1675 or visit
www.ftlatinamerica.com to obtain a prospectus which
contains this and other information about a fund. The prospectus
should be read carefully before investing.
Risk Considerations
Investors buying or selling fund shares on the secondary market
may incur customary brokerage commissions. Shares may only be
redeemed directly from a fund by authorized participants in very
large creation/redemption units. Fund shares may trade at a
discount to net asset value and possibly face delisting.
There are risks involved with investing in ETFs, including the
potential loss of money. Index-based ETFs are not actively managed
and may not match the return of the specific index it seeks to
replicate.
There is no assurance that any funds listed will achieve their
investment objectives. Please be aware that each fund listed is
subject to various risks which, depending on the investment
objective, may include risks such as concentration, sector,
momentum investing, equity investing, and foreign and emerging
markets. For a complete description of relative risks for a
specific fund please obtain and carefully read the appropriate
First Trust prospectus.
The information presented is not intended to constitute an
investment recommendation for, or advice to, any specific person.
By providing this information, First Trust is not undertaking to
give advice in any fiduciary capacity within the meaning of ERISA
and the Internal Revenue Code. First Trust has no knowledge of and
has not been provided any information regarding any investor.
Financial advisors must determine whether particular investments
are appropriate for their clients. First Trust believes the
financial advisor is a fiduciary, is capable of evaluating
investment risks independently and is responsible for exercising
independent judgment with respect to its retirement plan
clients.
First Trust Advisors L.P. is the adviser to the funds. First
Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P.,
the funds’ distributor.
The Dow Jones Internet Composite IndexSM is a product of S&P
Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by
First Trust. Dow Jones® and Dow Jones Internet Composite IndexSM
are trademarks of Dow Jones Trademark Holdings LLC ("Dow Jones")
and have been licensed to SPDJI and have been sublicensed for use
for certain purposes by First Trust on behalf of the Fund. The
First Trust Dow Jones Internet Index Fund is not sponsored,
endorsed, sold or promoted by SPDJI, Dow Jones or their respective
affiliates and none of them makes any representation regarding the
advisability of investing in such product.
"AlphaDEX®" is a registered trademark of First Trust Portfolios
L.P. First Trust Portfolios L.P. has obtained a patent for the
AlphaDEX® stock selection methodology from the United States Patent
and Trademark Office.
The First Trust Cloud Computing ETF is not sponsored, endorsed,
sold or promoted by the International Securities Exchange (ISE).
ISE makes no representation or warranty, express or implied, to the
owners of the fund or any member of the public regarding the
advisability of trading in the fund. ISE’s only relationship to
First Trust is the licensing of certain trademarks and trade names
of the ISE and of the ISE Cloud Computing™ Index which is
determined, composed and calculated by ISE without regard to First
Trust or the fund.
"Value Line®" and "Value Line® Dividend Index" are trademarks or
registered trademarks of Value Line, Inc. ("Value Line") 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.
The NYSE Arca Biotechnology IndexSM is a trademark of the NYSE
Group, Inc. or its affiliates ("NYSE") and is licensed for use by
First Trust. The fund is not sponsored or endorsed by NYSE. NYSE
makes no representation or warranty, express or implied, to the
owners of the fund or any member of the public regarding the
advisability of investing in the fund or the ability of the fund to
track the performance of the various sectors represented in the
stock market. NYSE has no obligation to take the needs of the
owners of the fund into consideration in determining, composing or
calculating the index. NYSE is not responsible for and has not
participated in any determination or calculation made with respect
to issuance or redemption of the fund.
Nasdaq®, NASDAQ-100®, NASDAQ-100 Index®, and NASDAQ-100
Technology Sector IndexSM are trademarks of Nasdaq, Inc. (which
with its affiliates is referred to as the "Corporations") and are
licensed for use by First Trust Advisors L.P. The fund has not been
passed on by the Corporations as to its legality or suitability.
The fund is not issued, endorsed, sold, or promoted by the
Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO
LIABILITY WITH RESPECT TO THE FUND.
The views and opinions expressed are for informational
purposes only. This material is not intended to be relied upon as
investment advice or recommendations, does not constitute a
solicitation to buy or sell securities (in any jurisdiction to any
person to whom it is not lawful to make such an offer) and should
not be considered specific legal, investment or tax advice.
For Investors in Chile
The offer in Chile begins on 25 October 2017. This offer of
securities complies with General Rule N°336 of the Chilean
Superintendency of Securities and Insurances. The securities to
which this offer refers have not been registered in the Foreign
Securities Registry of the Chilean Superintendency of Securities
and Insurances, and therefore, they are not subject to the
supervision of such entity. As this offer of securities refers to
not registered securities, there is no obligation of the issuer of
the securities to deliver in Chile public information regarding the
securities. These securities may not be publicly offered in Chile
as long as they are not registered on the corresponding Securities
Registry.
Esta oferta en Chile comienza el 25 de octubre de 2017. Esta
oferta de valores cumple con la Norma de Carácter General 336 de la
Superintendencia de Valores y Seguros. Esta oferta versa sobre
valores no inscritos en el Registro de Valores Extranjeros que
lleva esta Superintendencia, por lo que tales valores no están
sujetos a la fiscalización de ésta. Como esta oferta de valores se
refiere a valores no inscritos, no existe la obligación por parte
de su emisor de entregar en Chile información pública respecto de
dichos valores. Estos valores no podrán ser objeto de oferta
pública mientras no sean inscritos en el Registro de Valores
correspondiente.
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version on businesswire.com: http://www.businesswire.com/news/home/20171030006303/en/
First TrustRyan Issakainen(630)
765-8689RIssakainen@FTAdvisors.com
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