When the ETF focuses on international equities, it holds 65% in an equal-weighted basket of the Dorsey Wright International Focus Five Index’s component funds, along with 35% in a basket that is split between First Trust Emerging Markets AlphaDEX Fund (FEM) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT).
When the fund leans towards fixed-income securities, it holds 65% in an equal-weighted basket of three ETFs targeting the U.S. investment-grade fixed-income space and 35% in an equal-weighted basket of the four ETFs included in the Dorsey Wright Fixed Income Model, which is based on relative strength.
When DALI is in commodities, the fund holds First Trust Global Tactical Commodity Strategy Fund (FTGC).
For more information on new fund products, visit our new ETFs category.