About First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS)

The First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) is an exchange-traded fund (ETF) that aims to provide investors with exposure to small-cap companies in emerging markets. FEMS seeks to track the performance of the NASDAQ AlphaDEX Emerging Markets Small Cap Index, which selects and weights stocks based on various fundamental and quantitative factors. The fund's objective is to outperform traditional market-cap weighted indexes, offering potential for enhanced returns.

FEMS offers investors a convenient way to diversify their portfolios by gaining exposure to small-cap stocks in emerging markets. As smaller companies have the potential for higher growth rates compared to their larger counterparts, FEMS aims to capture this potential upside. The fund's strategy is based on the AlphaDEX methodology, which employs a rules-based approach to stock selection and weighting. This approach aims to identify companies with strong fundamentals and favorable valuations, potentially leading to better long-term performance.