Fund Overview

  • Ticker:
    EUR
  • Fund Category:
    European Equity
  • Fund Manager:
    FT Portfolios Canada Co.
  • Portfolio Advisor:
    First Trust Advisors L.P.
  • CUSIP:
    33732H207
  • ISIN:
    CA33732H2072
  • SEDOL:
    BGH1M01
  • Currency:
    CAD
  • Fiscal Year-End:
    31-12
  • Exchange:
    Toronto Stock Exchange
  • Inception:
    2014-02-03
  • Inception Price:
    $19.33
  • Inception NAV:
    $19.33
  • Eligibility:
    RRSP, RRIF, RESP, TFSA, DPSP, RDSP

Fees and Expenses

  • Management Fee: 0.60% since inception
  • MER: 0.67% as at 31/12/17
Please refer to the prospectus for detailed explanation of the funds fees and expense.

Distribution Information (as at 2018-06-15)

  • Dividend Frequency:
    Monthly
  • Dividend Per Share Amount:2
    $0.05000
  • Distribution Rate:3
    2.51%

Fund Characteristics (as at 2018-05-31)4

  • Maximum Market Cap.:
    $378,178
  • Median Market Cap.:
    $58,624
  • Minimum Market Cap.:
    $5,427
  • Price/Earnings:
    16.23
  • Price/Book:
    1.37
  • Price/Cash Flow:
    8.97
  • Price/Sales:
    1.12

Investment Objective

First Trust AlphaDEX™ European Dividend Index ETF (CAD-Hedged) (the "First Trust ETF") seeks to replicate, to the extent possible, the performance of the AlphaDEX™ European Dividend Index, net of expenses. The investment strategy of the First Trust ETF is to invest in and hold the constituent securities of the AlphaDEX™ European Dividend Index in the same proportion as they are reflected in the AlphaDEX™ European Dividend Index or securities intended to replicate the performance of the AlphaDEX™ European Dividend Index. The AlphaDEX™ European Dividend Index results from applying the AlphaDEX™ methodology to the ADRs of European companies that are listed on the NYSE, NYSE Market and NASDAQ exchanges. The First Trust ETF will generally seek to hedge substantially all of its U.S. dollar, British pounds sterling, euros and Swiss francs currency exposure associated with its portfolio investments back to the Canadian dollar.

Current Data (as at 2018-06-15) Currency: CAD

NAV1% Change$ Change
$23.90-1.31%-$0.31
Daily Volume52-Week High/LowAVG 30-Day Volume
0$24.42 / $21.972,925
Total Net AssetsOutstanding Units
$23,899,161924,022

Top 10 Holdings (as at 2018-06-15)5

Holding % of Net Assets
ArcelorMittal (ADR) 4.20%
Equinor ASA 4.20%
Total S.A. (ADR) 4.16%
Eni SpA (ADR) 4.11%
BP Plc (ADR) 4.10%
Shire Plc (ADR) 4.10%
Royal Dutch Shell Plc (ADR) 4.02%
British American Tobacco Plc (ADR) 4.01%
Carnival Plc (ADR) 3.39%
Prudential Plc (ADR) 3.39%

The top 10 investments make up 39.76% of the fund.

Portfolio Composition (as at 2018-06-15)5

Sector % of Net Assets
Energy 23.05%
Financials 18.25%
Materials 14.95%
Telecommunication Services 12.31%
Health Care 10.07%
Information Technology 8.08%
Consumer Discretionary 6.60%
Consumer Staples 6.48%
Cash & Equivalents 0.54%

Country Breakdown (as at 2018-06-15)5

Country % of Net Assets
United Kingdom 37.88%
The Netherlands 15.92%
Ireland 7.48%
France 7.47%
Luxembourg 6.66%
Spain 5.81%
Norway 4.20%
Italy 4.11%
Russia 3.20%
Sweden 2.70%
Finland 1.76%
Switzerland 0.91%
Germany 0.89%
Jersey 0.80%

Risk Rating

This rating is based on how much the ETF’s returns have changed from year to year. It doesn’t tell you how volatile the ETF will be in the future. The rating can change over time. An ETF with a low risk rating can still lose money.

For more information about the risk rating and specific risks that can affect the ETF’s returns, see the Risk section of the ETF’s prospectus.

Footnotes

1 The NAV represents the fund's net assets (assets less liabilities) divided by the fund's outstanding shares .
2 Most recent distribution paid or declared to today's date. Subject to change in the future. There is no guarantee that the fund will declare dividends.
3 Distribution rate is calculated by dividing the most recent annualized distribution paid or declared by the Net Asset Value. Distribution rates may vary. The distributed amount may include return of capital (ROC) from time to time.
4 All market capitalization numbers are in CAD$ Millions.
5 Percentage of net assets may not equal 100%

"AlphaDEX™" is a registered trademark of First Trust Portfolios L.P. in the United States and is the subject of a pending trademark registration application in Canada.

First Trust Portfolios L.P. has obtained a patent for the AlphaDEX™ stock selection methodology from the United States Patent and Trademark Office. A patent application for the AlphaDEX™ stock selection methodology is pending in Canada.

Commissions, trailing commissions, management fees and expenses all may be associated with Exchange-Traded Fund investments. Please carefully read the prospectus of the fund before investing. Exchange-Traded funds are not guaranteed, their values change frequently and past performance may not be repeated.