FLNFirst Trust Latin America AlphaDEX Fund
FLN Fund Description
The First Trust Latin America AlphaDex ETF tracks an index of Latin American firms screened based on a proprietary methodology and weighted in tiers.
FLN Factset Analytics Insight
FLN aims to identify a portfolio of Latin American stocks that will outperform the market. It scores eligible securities by several factors, including momentum, growth, and valuation metrics, and selects the top 50. Holdings are sorted into tiers by score, with higher tiers getting more weight, and equal weighting within each tier. This weighting method causes FLN to go lighter on large-caps, with a strong bias to midcaps. That alone would make it a difficult Fit to our benchmark, but it also makes several significant sector bets. Trading volume is lukewarm and spreads often run wide. Block trading could also be a challenge due to the weak liquidity of the underlying basket. While FLN charges a steep expense ratio, investors may see holding costs that are significantly higher or lower due to inconsistent index tracking.
FLN MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the First Trust Latin America AlphaDEX Fund MSCI ESG Fund Quality Score is 4.42 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FLN ranks in the 16th percentile within its peer group and in the 16th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
FLN CHARTS AND PERFORMANCE
FLN Top 10 Countries
FLN Top 10 Sectors
FLN Top 10 Holdings [View All]
FLN Summary Data
FLN Portfolio Data
FLN Index Data
FLN Portfolio Management
FLN Tax Exposures
FLN Fund Structure
FLN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLN. FLN is rated a 4 out of 5.
FLN Sector/Industry Breakdown
FLN TOP 10 HOLDINGS[View All]
FLN Economic Development
FLN Performance Statistics
FLN MSCI ESG Ratings
FLN BENCHMARK COMPARISON SUMMARY
FLN BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.