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CurrentFrench/Belgium/Monaco MarketEtf and Etf mandateFirst Trust is a global asset management firm with total assets in excess of $119 billion which includes over $43 billion of ETFs assets, of which $20 billion are managed in AlphaDEX ETFs. It manages and distributes its products through its affiliated companies based in the US, Canada, and Europe.Its range of ETFs and funds, which are established within an affiliated Irish domiciled UCITS Company, is distributed and marketed throughout Europe by First Trust Global Portfolios Ltd and managed by First Trust Advisors L.P., an independent U.S.-based asset management firm. With ETF assets of over $40 billion, First Trust Advisors L.P. is the 6th largest ETF provider in the US, according to ETF.com.The first AlphaDEX ETF was launched in the US in 2007 and since then, the AlphaDEX methodology has demonstrated its ability to add alpha in a variety of market conditions. First Trust AlphaDEX funds are fundamentally different from the average index ETF or fund. They follow a time-tested, rules based strategy that is driven by a transparent, repeatable process weighting stocks based on merit, not size.
