Accuvest plans new ETF managed portfolio based on AlphaDEX ETFs

May 21st, 2012 | By | Category: Equities

Accuvest Global Advisors, a US-based equities investment manager, has announced plans to launch a new model strategy that will combine Accuvest’s top-down country selection with First Trust Advisors’ AlphaDEX ETF range.

Accuvest plans new ETF managed portfolio based on AlphaDEX ETFs

The new model strategy combines Accuvest's top-down country-selection process with First Trust Advisors' AlphaDEX stock-selection methodology.

David Garff, President of Accuvest Global Advisors, said: “We are thrilled about our new partnership with First Trust. Both of our firms use a quantitative methodology to access country markets, ours from a country level and theirs on a company level. Together, our methodologies will offer investors access to the most attractive companies within the most attractive countries.”

Accuvest has been running their country ranking model over the last 7 years for a global client base as well as both domestic and international investment companies. Their strategies have consistently featured single-country ETFs which has differentiated them from the majority of global managers.

Andy Subramanian, Senior Vice President of First Trust, said: “It is rare to find a manager like Accuvest that views the world from the top-down. Their methodology and track record for selecting countries makes them an ideal model manager of AlphaDEX ETFs. This new strategy meets the need for international diversification that is not constrained by traditional market cap indexing.”

First Trust AlphaDEX ETFs are designed to track the performance of a group of custom enhanced indices, which follow a proprietary, rules-based fundamental stock selection methodology. The goal of an enhanced index is to identify those stocks from within a traditional broad-based index which exhibit the fundamental characteristics that enable them to provide the greatest potential for capital appreciation.

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