FGMFirst Trust Germany AlphaDEX Fund
FGM Fund Description
FGM tracks a tiered equal-weighted index of 40 companies selected from the S&P Germany BMI based on the S&P's AlphaDex selection methodology.
FGM Factset Analytics Insight
FGM tries to outperform the German market by using a quantitative model to select 40 stocks out of a broad German equity index. It then ranks these stocks based on their attractiveness and weights them equally within quintiles. Sector weightings are also subject to constraints which are set at 15% above the sector percentages of the base index. The fund reconstitutes and rebalances its portfolio semiannually to maintain exposure to expected outperformers while still controlling transaction costs.
FGM MSCI ESG Analytics Insight
First Trust Germany AlphaDEX Fund has an MSCI ESG Fund Rating of AA based on a score of 7.97 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. First Trust Germany AlphaDEX Fund ranks in the 86th percentile within its peer group and in the 29th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FGM MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FGM Summary Data
FGM Portfolio Data
FGM Index Data
FGM Portfolio Management
FGM Tax Exposures
FGM Fund Structure
FGM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FGM. FGM is rated a 4 out of 5.
FGM Sector/Industry Breakdown
FGM Top 10 Holdings[View All]
FGM Economic Development
FGM Performance Statistics
FGM MSCI ESG Ratings
FGM Benchmark Comparison Summary
FGM Benchmark Comparison Market Cap Size