First Trust United Kingdom AlphaDEX Fund

Frequently Asked Questions About FKU

What does FKU invest in?

The First Trust United Kingdom AlphaDEX Fund functions as an exchange-traded fund (ETF). Its primary objective is to closely mirror the total return, encompassing both capital appreciation and income generation, of the Nasdaq AlphaDEX United Kingdom Index. This target performance is considered prior to the deduction of the fund's own operational costs and fees.

What is the expense ratio of FKU?

First Trust United Kingdom AlphaDEX Fund (FKU) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FKU?

First Trust United Kingdom AlphaDEX Fund (FKU) manages $35.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FKU actively managed or an index fund?

FKU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FKU launched?

First Trust United Kingdom AlphaDEX Fund (FKU) launched in February 2012 and is managed by First Trust.

How has FKU performed?

FKU's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.