FHG.F.TO

About FHG.F.TO

First Trust AlphaDEX U.S.-Hedge Fund is an exchange-traded fund (ETF) designed to mirror the strategies used by major U.S. hedge funds, aiming to provide investors with diversified market exposure. Through a sophisticated selection and weighting system, the ETF attempts to replicate the investment style of high-performing hedge funds, capturing a broad spectrum of securities with different risk and return profiles across multiple sectors. The ETF's primary function is to offer investors the opportunity to participate in hedge fund-like strategies without the complexities and high fees traditionally associated with direct hedge fund investments. This asset impacts various industries by including a balanced mix of equities, ensuring exposure to sectors like technology, finance, healthcare, and consumer goods, among others. In the financial market, First Trust AlphaDEX U.S.-Hedge Fund serves as a key instrument for investors seeking to diversify their portfolios by gaining insight into hedge fund strategies, while still enjoying the liquidity and simplicity of trading ETFs on public exchanges.