MGC

First Trust Rolls Out Mega Cap AlphaDEX ETF (FMK)

by Michael Johnston on May 13, 2011 | Updated May 24, 2011

First Trust continued its wave of new product launches today, rolling out another member of its rapidly-expanding AlphaDEX suite. The new Mega Cap AlphaDEX Fund (FMK) will seek to replicate an index comprised of mega cap U.S. stocks, employing a quant-based methodology to select components from the 100 largest stocks in the S&P US BMI universe. A number of First Trust’s market cap-specific and style-specific AlphaDEX ETFs recently passed their three year milestone, and the company debuted a suite of international AlphaDEX ETFs earlier this year. [click to continue…]

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Do Mega Cap ETFs Offer Mega Returns?

by Jared Cummans on June 23, 2010

The ancient Chinese curse that reads “may you live in interesting times” has always seemed more like a blessing than a wishing of ill will. But perhaps in the current investing environment, the negative side of the phrase becomes more apparent. Between lingering debt concerns in Europe, the fallout from the Gulf oil spill, China’s new currency policy, and a host of hurdles in the domestic economy, these are certainly interesting times (see Surprise Winners From A Rising Yuan). [click to continue…]

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Mega Cap ETFs: Is Bigger Always Better?

by Michael Johnston on December 15, 2009

At the core of many investor portfolios is an allocation to large cap domestic equities. Because large cap stocks generally have long operating histories, established customer bases, and sufficient cash on hand, they are perceived as the least risky of equity investments, strongly correlated with mid cap and small cap stocks but less volatile than [...]

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iShares To Launch Russell Top 200 ETFs

by Michael Johnston on July 10, 2009

In the weeks since its sale to BlackRock was announced, the team at iShares has been busy expanding its reach, launching the first Peru-specific ETF as well as the S&P Emerging Markets Infrastructure ETF (EMIF). And the Goliath of the ETF space is showing no signs of slowing down any time soon, recently filing for approval [...]

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