First Trust Eurozone AlphaDEX UCITS ETF – Net Asset Value Update

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The First Trust Eurozone AlphaDEX UCITS ETF (FEUZ) has reported a net asset value (NAV) of €67,790,407.43 as of April 3, 2024. The fund currently has 11,674,949 shares in issue.

The First Trust Eurozone AlphaDEX UCITS ETF is designed to provide investors with exposure to European equities, using the AlphaDEX stock selection methodology. This methodology seeks to identify and select stocks that have the potential to outperform traditional indices.

The NAV per share of FEUZ is currently €40.473. This value represents the total net value of the fund’s assets divided by the number of shares in issue. The NAV per share is an important metric for investors as it gives them an indication of the fund’s underlying value.

Investors who are interested in investing in European equities may consider the First Trust Eurozone AlphaDEX UCITS ETF as a potential investment option. The fund aims to provide investors with a diversified portfolio of European stocks that have the potential to outperform the broader market.

For further information about the First Trust Eurozone AlphaDEX UCITS ETF, interested parties can visit the source version of the press release on the Business Wire website.

Contacts:
First Trust Global Funds PLC

Industry and Market Forecast:

The First Trust Eurozone AlphaDEX UCITS ETF operates in the financial industry, specifically the exchange-traded funds (ETFs) sector. ETFs are investment funds that trade on stock exchanges, and they typically track specific indexes, sectors, or asset classes. The Eurozone AlphaDEX UCITS ETF focuses on European equities, meaning it invests in stocks of companies based in the Eurozone.

The European equities market has shown resilience and growth over the years, attracting investors seeking exposure to this region. The Eurozone AlphaDEX UCITS ETF aims to take advantage of potential opportunities in the European equities market.

Market forecasts suggest that the European equities market may continue to grow, driven by factors such as economic recovery, corporate earnings growth, and favorable monetary policies. However, it is essential to note that market conditions can be unpredictable, and investors should carefully analyze and assess the risks associated with investing in this sector.

Industry and Product Issues:

While investing in European equities can be attractive, it is not without risks. Some of the key issues related to the industry and product include:

1. Economic and Political Uncertainty: European markets can be influenced by economic and political factors, such as Brexit, trade disputes, and changes in government policies. Uncertainty in these areas can impact the performance of European equities and, consequently, the Eurozone AlphaDEX UCITS ETF.

2. Market Volatility: Like any equity investment, the Eurozone AlphaDEX UCITS ETF may experience periods of volatility. Market conditions, investor sentiment, and global events can contribute to significant price fluctuations.

3. Currency Risk: Investing in European equities exposes investors to currency risk. Fluctuations in exchange rates between the euro and other currencies can impact the value of the ETF’s holdings and, consequently, its performance.

Interested investors should carefully consider these industry and product issues before making investment decisions.

For further information about the First Trust Eurozone AlphaDEX UCITS ETF, interested parties can visit the Business Wire website for the source version of the press release.