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First Trust Developed Markets ex-US Small Cap AlphaDEX Fund seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEX Developed Markets Ex-US Small Cap Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Developed Markets Ex-US Index that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX selection methodology. |
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