First Trust Launches Canada's First European ETF

FT Portfolios Canada Co. ("First Trust Canada"), a privately owned company is
pleased to announce the launch of the common and advisor class of units of the
First Trust AlphaDEX(TM) European Dividend Index ETF (CAD-Hedged)
(TSX:EUR)(TSX:EUR.A).  


The First Trust ETF seeks to replicate, to the extent possible, the performance
of the AlphaDEX(TM) European Dividend Index, net of expenses. The investment
strategy of the First Trust ETF is to invest in and hold the Constituent
Securities of the AlphaDEX(TM) European Dividend Index in the same proportion as
they are reflected in the AlphaDEX(TM) European Dividend Index or securities
intended to replicate the performance of the AlphaDEX(TM) European Dividend
Index. 


The First Trust ETF will generally seek to hedge substantially all of its U.S.
dollar, British pounds sterling, euros and Swiss francs currency exposure
associated with its portfolio investments back to the Canadian dollar. 


"First Trust Canada is pleased to offer Canadians the first European equity ETF
to be listed on the TSX." said Fraser Howell, CEO and President of FT Portfolios
Canada Co." Europe is home to some of the most iconic and recognizable global
brands in the world and despite the recent recession, dozens of best-in-class
companies in Europe have done well and could continue to do well" adds Howell.
"Relative to the U.S., European stocks are trading at very attractive valuations
based on low price to book ratios and high dividend yields," adds Karl Cheong,
Senior Vice President Head of ETF Product Development. "European corporate
earnings are still 35% below peak levels obtained in 2007, so there is
significant potential for them to grow," adds Cheong. 


About First Trust 

The First Trust companies are a well-respected global enterprise with a history
in the U.S. market since 1991 and in Canada since 1996. As at December 31, 2013,
First Trust Advisors L.P., the portfolio advisor for the First Trust
AlphaDEX(TM) ETFs, has approximately US $20 billion in ETF assets under
management and more than US $85 billion total assets under supervision or
management. First Trust is the enterprise name used for the various businesses
conducted in Europe, Mexico, Canada and the U.S. 


Further information about FT Portfolios Canada's ETFs can be found at
www.firsttrust.ca. 


Commissions, management fees and expenses all may be associated with investments
in exchange traded funds. Please read the prospectus before investing. Exchange
traded funds are not guaranteed, their values change frequently and past
performance may not be repeated.


Sources: Amundi Research, Bloomberg, FT Portfolios Canada Co.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Media Contact
Fraser Howell, President
FT Portfolios Canada Co.
330 Bay Street, Suite 1300, Toronto, Ontario, M5H 2S8
Email: [e-mail]
1-877-622-5552