Nasdaq Lists First Trust Eurozone AlphaDEX(R) ETF

Nasdaq today announced that First Trust will list one new exchange-traded fund, First Trust Eurozone AlphaDEX® ETF (Symbol: FEUZ), on The Nasdaq Stock Market. FEUZ will begin trading on Nasdaq, Wednesday, October 22, 2014.

"The AlphaDEX index methodology aims to provide better long-term, risk-adjusted returns than traditional market-cap weighted indices," said Ryan Issakainen, CFA, Senior Vice President and ETF Strategist at First Trust. "This ETF joins First Trust's existing lineup of 39 other AlphaDEX ETFs, in providing stock selection and weightings based on investment merit, rather than size."

FEUZ is an exchange-traded fund that seeks investment results that correspond generally to the price and yield, before the fund's fees and expenses, of the Nasdaq AlphaDEX® Eurozone Index. The fund is based on a custom enhanced index which employs the proprietary, rules-based AlphaDEX® fundamental stock selection methodology. FEUZ provides a way to gain exposure to the potential opportunity in Eurozone equities without having to choose individual companies. By providing additional features such as tax efficiency, exchange-traded liquidity and transparency, the fund offers an alternative strategy to active management when seeking alpha.

"We are pleased to launch FEUZ with our good partners at First Trust and are thrilled they chose The Nasdaq Stock Market to list and trade their ETFs," said Walt Smith, Vice President, Head of U.S. Equities at Nasdaq. "We will continue to support First Trust as they expand their robust product offering and gain exposure to traders that participate in multiple asset classes and execution platforms globally."

ETF benefits

Nasdaq operates an efficient platform for successfully introducing a product suite into one of the single largest pools of liquidity, including market participants which represent a full spectrum of investors. ETF issuers benefit from an end-to-end solution that provides ongoing product support including index licensing, listings opportunities, data offerings and trading services. As the home to some of the world's most innovative ventures, Nasdaq generates opportunities for issuers to access new markets and deliver new concepts that change the way the industry develops, manages and applies ETFs.