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First Trust Latin America AlphaDEX Fund
FLN (First Trust Latin America AlphaDEX Fund) is an active US Equity ETF by First. With a 0.80% MER, it provides diversified exposure. Quarterly distribution with a 3.53% yield.
FLN is actively managed by First's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.80% MER reflects the costs of a more specialized management approach. It pays a quarterly distribution with a 3.53% yield, making it attractive for income-seeking investors.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).