First Trust Switzerland AlphaDEX UCITS ETF
| Issuer: First Trust |
| Asset Class: Equity |
| TER: 65bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 03 Feb 2021 |
| Ticker: FDNI |
| ISIN: IE00BT9PVG14 |
This fund offers targeted exposure to the global internet sector, specifically focusing on companies located outside the United States. It is designed to replicate the performance of an index that comprises the 40 largest and most actively traded stocks of non-U.S. companies operating in the internet industry. By investing in this product, individuals can gain access to a portfolio of leading international firms in areas such as e-commerce, online marketplaces, social media, and digital services. The strategy provides a distinct alternative to U.S.-centric technology investments, allowing for participation in the growth of the digital economy across a diverse range of international markets.
The portfolio is geographically diversified, with holdings spread across both developed and emerging economies. Key country exposures typically include Japan, Germany, China, and Canada, among others. This international diversification can help mitigate risks associated with any single economy and offers the potential to tap into growth from various global hubs of internet innovation. The fund employs a physical replication methodology, meaning it directly owns the underlying shares of the companies in the benchmark index, providing direct exposure to their performance. As an accumulating fund, any dividends paid by the constituent companies are automatically reinvested back into the fund, which supports the potential for long-term capital compounding.
This thematic instrument can be a valuable addition for investors looking to enhance their portfolio's technology allocation with an international focus. It can act as a strategic satellite holding, complementing core equity positions and providing specific exposure to the ongoing global digital transformation. It is particularly suitable for those who believe in the long-term growth story of the internet beyond American borders and wish to invest in the companies that are shaping the digital landscape in Europe, Asia, and other parts of the world.
