First Trust Hong Kong AlphaDEX Fund

C000111809 Fund Overview

First Trust Hong Kong AlphaDEX Fund is a US ETF managed by First Trust Exchange-Traded Alphadex Fund II, categorised as Developed ex-US Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: First Trust Exchange-Traded Alphadex Fund II
• Category: Developed ex-US Real Estate
• Assets under management: $3.37M
• 1-year return: 9.4%
• SEC CIK: 0001510337
• SEC series ID: S000036504
• Share class ID: C000111809

C000111809 Investment Objective and Strategy

First Trust Hong Kong AlphaDEX Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Exchange-Traded Alphadex Fund II.

Investment objective

"The First Trust Hong Kong AlphaDEX ® Fund (the ""Fund"" ) seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the NASDAQ AlphaDEX ® Hong Kong Index (the ""Index"" )."

Principal investment strategy

"The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Nasdaq, Inc. (the ""Index Provider"" ). The Fund invests in securities issued by companies operating in Hong Kong, as classified by the Index Provider. Companies are classified as operating in a country primarily by their country of incorporation, domicile and primary exchange listing.

The Index is designed to select stocks from the NASDAQ Hong Kong Index (the ""Base Index"" ) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX ® selection methodology. Alpha is an indication of how much an investment outperforms or underperforms on a risk-adjusted basis relative to its benchmark. The Base Index is a comprehensive, rules-based index designed to measure stock market performance of companies in Hong Kong, as determined by the Index Provider. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. Security selection for the Index will be conducted in the following manner: 1.The selection universe for the Index begins with all stocks in the Base Index.

2.The Index Provider then removes any stocks which do not trade on an eligible exchange; duplicate (multiple share classes) stocks; stocks which do not meet the Index Provider's liquidity screens; and stocks with a market capitalization less than the midcap breakpoint (50th percentile) as calculated by Nasdaq. As of March 31, 2018, the midcap breakpoint was $3.155 billion. 3.The remaining stocks in the universe are then ranked on both growth and value factors. Each stock receives the best style rank from this step as its selection score. 4.The top 40 stocks based on the selection score determined in step 3 comprise the ""selected stocks."" The selected stocks are then split into quintiles based on their selection score, with higher scoring quintiles receiving a greater weight in the Index.

5.The Index is subject to sector weighting constraints which are set at 15% above the sector percentages of the Base Index. For example, if financial companies comprise 15% of the Base Index, the Index will be comprised of no more than 30% financials. Stocks will fail the sector constraint if the weight assigned to the stock, when added to the weight assigned to all higher ranking stocks in its sector, is greater than the sector weighting constraint. The Index is reconstituted and rebalanced on a semi-annual basis and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The inception date of the Index was May 18, 2015. As of March 31, 2018, the Index was composed of 40 securities. See ""Index Information"" for additional information. The Fund may hold investments that are denominated in non-U.S.

currencies. The Index includes the securities of small and mid cap companies. As of December 31, 2017, the Fund had significant investments in consumer discretionary companies and in real estate companies."

C000111809 Performance

Total returns for C000111809 (as of 2026-10-01), from SEC filings.

C000111809 Risk Information

Risk metrics for C000111809, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 26.7%

C000111809 Costs and Fees

C000111809 costs about $80 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.80%
• Gross expense ratio: 0.80%

C000111809 Cashflows

Over the 12 months to 2020-09, First Trust Hong Kong AlphaDEX Fund had net inflows of $0, from monthly SEC N-PORT filings.

C000111809 Debt Constituents

No individual debt constituents are reported in First Trust Hong Kong AlphaDEX Fund's latest SEC N-PORT filing.

C000111809 Prospectus and SEC Filings

Official First Trust Hong Kong AlphaDEX Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-05-06
• Prospectus (485BPOS) — filed 2019-05-10
• Prospectus supplement (497) — filed 2018-06-20
• Portfolio holdings (N-PORT) — filed 2020-11-19
• Portfolio holdings (N-PORT) — filed 2020-08-24
• Portfolio holdings (N-PORT) — filed 2020-05-26
• Annual census (N-CEN) — filed 2021-03-10
• Annual census (N-CEN) — filed 2020-03-04

Related Funds

Other Developed ex-US Real Estate funds tracked on ABC INVEST:

• Vanguard Global Ex-U.s. Real Estate Index Fund (VGRLX)
• Xtrackers International Real Estate ETF (HAUZ)
• Fidelity International Real Estate Fund (FIRAX)
• SPDR® Dow Jones International Real Estate ETF (RWX)
• Third Avenue International Real Estate Value Fund (REIZX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.