FKU
•
Equity
FIRST TRUST UNITED KINGDOM ALPHADEX® UCITS ETF CLASS A GBP
TER (bps):
65
AUM (USD m):
8
ISIN:
IE00B8X9NZ57
Domicile:
Ireland
Share Class Currency:
GBP
ESG:
No
Geographical Focus:
United Kingdom
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The NASDAQ AlphaDEX United Kingdom Index employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ United Kingdom Index. The AlphaDEX methodology is an investment process that seeks to produce similar correlation and risk characteristics as broad market indexes while seeking outperformance due to stock selection and weighting. The Index uses fundamental growth and value factors to select stocks and it is a modified equal-weighted index where higher ranked stocks receive a higher weight.
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