First Trust Brazil AlphaDEX Fund

FBZ

Capitalización de mercado USD 6.91 M

I recommend holding assets tracking major Brazilian indices despite new US tariffs, given heightened uncertainty and market volatility. Trump's 50% tariff on all Brazilian products will significantly impact Brazil's export-dependent economy, especially in commodities like oil and iron ore.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today the approval of the liquidation of First Trust Brazil AlphaDEX® Fund (Nasdaq: FBZ), a series of First Trust Exchange-Traded AlphaDEX® Fund II (the “Fund”). Based upon the recommendation of FTA, the investment advisor of the Fund, the Board of Trustees of First Trust Exchange-Traded AlphaDEX® Fund II determined that it was in the best interests of the Fund to liquidate the Fund. Accordingly, the Board of Trustees a.

The First Trust Brazil AlphaDEX Fund, a little-known ETF, has outperformed global stocks and emerging markets quite handsomely this year. FBZ employs an enhanced methodology which assigns priority to certain growth and value screeners. On further scrutiny, we find quite a few flaws in this product, and feel that the largest Brazilian ETF- EWZ has better qualities.

Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.

China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included.