Name of ETF: First Trust Australia AlphaDEX Fund
Benchmark Index: Defined Australia Index
Ticker Symbol: FAUS
Approximate Number of Holdings: 40
Types of Companies Included: The top companies from Australia that meet specific fundamental criteria.
- Growth Criteria: Sales-to-price ratio, sales growth over the previous 12 months and general price appreciation the company has experienced over three, six and 12 month periods.
- Value Criteria: Book value-to-price, cash flow-to-price and return on assets (ROA).
Sector Weightings: The sector with the most representation (largest weight) historically has been the financial sector.