First Trust AlphaDEX Emerging Market Dividend ETF (CAD-Hedged)
FDE.TO
Toronto Stock Exchange- -
CAD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Canada
- IPO Date
- May 14, 2013
- Similar Companies
- Business
- First Trust AlphaDEX Emerging Market Dividend ETF (CAD-Hedged) (TSX: FDE.TO) is an exchange-traded fund that provides investors with exposure to a portfolio of higher-yielding dividend-paying equity securities domiciled in emerging markets; the fund employs the proprietary AlphaDEX methodology to select stocks from the countries represented by the S&P/BMI Emerging Markets Index, focusing on fundamental factors such as dividend yield, growth, and valuation; it offers monthly distributions to unitholders and hedges its currency exposure to the Canadian dollar. Sector allocations include basic materials (approximately 25%), financial services (17%), utilities (14%), and energy (14%), with holdings spanning emerging market regions including Asia, Latin America, and Eastern Europe. Managed by FT Portfolios Canada Co., an affiliate of First Trust Advisors L.P. based in Wheaton, Illinois, the ETF was launched in 2013 and is headquartered in Toronto, Ontario, with operations across Canada. The fund targets income-seeking investors and institutional portfolios interested in emerging market dividend strategies. No major acquisitions, funding rounds, partnerships, or strategic shifts have been reported for the ETF in the last 1-2 years; it continues to operate with regular quarterly portfolio summaries, annual financial statements, and ongoing dividend payments, including recent distributions detailed in fund reports through 2024.