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FT Portfolios Canada Co. Announces Unitholder Approval of Proposal to Change Investment Objective of First Trust Alphadex(TM) U.S. Dividend ETF (CAD-Hedged)

2017-10-25 marketwired
TORONTO, ONTARIO--(Marketwired - Oct. 25, 2017) - FT Portfolios Canada Co. (the "Manager"), the manager of First Trust AlphaDEX™ U.S. Dividend ETF (CAD-Hedged) ("FUD") (TSX: FUD) (TSX:FUD.A) is pleased to announce that at a special meeting held today unitholders of FUD approved a proposal to change the investment objective of FUD to seek to replicate, to the extent possible, the performance of the Value Line® Dividend Index on a currency hedged basis, net of expenses and to change the management fees payable by the fund (the "Proposal"). (3-0)