TORONTO, June 04, 2020 (GLOBE NEWSWIRE) -- FT Portfolios Canada Co. today announced changes to the risk ratings of certain First Trust ETFs. These changes will be reflected in the renewal prospectus for the First Trust ETFs that will be filed on or around June 5, 2020.
These changes are the result of ongoing review and are not a result of any changes to the investment objectives, strategies or management of the First Trust ETFs.
| First Trust ETF | Current | New |
| First Trust AlphaDEX™ U.S. Financial Sector Index ETF – Hedged Units (TSX:FHF.F) | High | Medium to High |
| First Trust AlphaDEX™ U.S. Consumer Discretionary Sector Index ETF – Hedged Units (TSX:FHD.F) | High | Medium to High |
| First Trust AlphaDEX™ U.S. Health Care Sector Index ETF – Hedged Units (TSX:FHH.F) | Medium to High | Medium |
| First Trust AlphaDEX™ U.S. Materials Sector Index ETF – Hedged Units (TSX:FHM.F) | High | Medium to High |
| First Trust AlphaDEX™ U.S. Industrials Sector Index ETF – Hedged Units (TSX:FHG.F) | High | Medium to High |
| First Trust AlphaDEX™ U.S. Technology Sector Index ETF – Hedged Units (TSX:FHQ.F) | High | Medium to High |
Please consult your advisor and read the prospectus or ETF Facts before investing. There may be commissions, trailing commissions, management fees and expenses associated with ETF investments. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
For further information, please contact:
FT Portfolios Canada Co.
416-865-8065/877-622-5552