Opening and Closing Bell on Wall Street
First Trust visited the NYSE to celebrate the listing of 14 new AlphaDEX exchange-traded funds (ETFs) this year. Out of First Trust's 60 ETFs, half of them use the AlphaDEX strategy which is really an evolution in indexing. First Trust's AlphaDEX ETFs are quantitatively driven, index funds. In honor of the occasion, Dan Waldron, Senior Vice President & ETF Strategist for First Trust, rang The Opening BellSM.
About First Trust:
Based in Wheaton, IL, First Trust and its affiliate First Trust Portfolios L.P. provide a broad range of investment products and services that help financial advisors meet the financial needs and objectives of their clients. Among the firms' more than 200 investment product offerings are its family of 60 Exchange-Traded Funds, including the AlphaDEX® series of ETFs. As of June 30, 2011, 17 First Trust ETFs, including 10 AlphaDEX® ETFs, received a 4- or 5-Star Overall Morningstar RatingTM.* Founded in 1991 with the goal of offering investors a better way to invest, First Trust is nationally recognized for its proprietary, rules-based, quantitative investment methodology which it makes available in several of its product lines. As of 6/30/11, the firms managed or supervised $51 billion in assets. For more information, visit www.ftportfolios.com