First Trust has revealed a continuation of its AlphaDEX exchange traded fund (ETF) line up. There are a total of 13 new funds, nine international funds and four domestic equity funds, rounding out the total ETF family to 29.
The AlphaDEX line up was strictly domestic until this launch. The AlphaDEX ETFs have more than $2.8 billion in assets under management.
International markets represented include South Korea, Europe, Latin America, Brazil, China, Japan, and a broad based emerging markets fund, as well as a developed markets fund. The domestic equity funds are based upon asset classes.[Janus Gets Active With ETFs.]
The expense ratios are set at 80 basis points for the global funds and 70 basis points for the domestic. [New iShares ETF Launch: Dividends And China.]
Tisha Guerrero contributed to this article.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.