In November, First Trust won approval from La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR), the regulatory agency that oversees Mexico’s pension investments, to sell two ETFs to pensioners in Latin America’s second-largest economy.
FPX’s top holdings include Facebook (NASDAQGS: FB), AbbVie (NYSE: ABBV), Phillips 66 (NYSE: PSX) and General Motors (NYSE: GM). The ETF holds 100 stocks and charges 0.6% per year, or $60 per $10,000 invested.
First Trust US IPO Index Fund
