First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA)

First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA) is an exchange-traded fund in the Pacific Asia Ex Japan Stk category. It has $123.83M in assets, an expense ratio of 0.80% and a 3.40% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Asia Pacific Ex-Japan Index that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.