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First Trust Global Portfolios Limited Announces Name Changes for Certain Sub-Funds of First Trust Global Funds plc
January 29, 2021 GMT
LONDON (BUSINESS WIRE) Jan 29, 2021
First Trust Global Portfolios Limited (“FTGP”) announces the following changes to the names of sub-funds (the “Funds”) of First Trust Global Funds plc, with effect from 1 February 2021:
Old Sub-Fund Name
First Trust Indxx NextG UCITS ETF
NXTG (GBX trading line)
First Trust US Small Cap Core AlphaDEX ® UCITS ETF
First Trust Nasdaq ® Clean Edge ® Green Energy UCITS ETF
QCLU (USD trading line)
FT Portfolios Canada Co. Announces Proposals to Change the Investment Objectives of Certain Funds
TORONTO, Dec. 18, 2020 FT Portfolios Canada Co. (the “
Manager”), the manager of First Trust AlphaDEX™ U.S. Utilities Sector Index ETF, First Trust AlphaDEX™ U.S. Consumer Staples Sector Index ETF, First Trust AlphaDEX™ U.S. Consumer Discretionary Sector Index ETF, First Trust AlphaDEX™ U.S. Materials Sector Index ETF, First Trust AlphaDEX™ U.S. Energy Sector Index ETF, First Trust AlphaDEX™ U.S. Financial Sector Index ETF and First Trust Dorsey Wright U.S. Sector Rotation Index ETF (CAD-Hedged) (collectively, the “
Funds”) is pleased to announce that the board of directors of the Manager has approved a proposal to change the investment objectives of each of the Funds as set out below (the “
Posted on 8467
First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that two of its ETFs based on Nasdaq indexes are celebrating a milestone. The First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ: QQEW) and the First Trust NASDAQ
® Clean Edge
® Green Energy Index Fund (NASDAQ: QCLN) (collectively, “funds”) each surpassed $1 billion in assets under management (“AUM”) as of 11/30/20.
QQEW seeks to replicate as closely as possible (before the fund’s fees and expenses) the price and yield of the NASDAQ-100 Equal Weighted Index℠. QQEW’s equal-weighted methodology seeks to avoid the top-heavy concentration common to many market-cap weighted indices and may be appealing to investors who are looking to reduce stock specific risk. “For many years the NASDAQ-100 Index
Two of First Trust ETFs Based on NASDAQ® Indexes Surpass $1 Billion in AUM businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.
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