Chile’s Pension Risk Rating Commission Approves Sale of Additional First Trust ETF

First Trust announced that Chilean pension funds investment risk rating commission, La Comisión Clasificadora de Riesgo (CCR), has approved an additional First Trust exchange-traded fund (ETF) for sale to Chilean pension funds, known as la Asociación de Administradoras de Fondos de Pensiones (AFPs). According to Chile’s pension plan investment guidelines, before an ETF can be purchased in a pension fund, it must be approved by the CCR. The newly ETF approved is the First Trust Emerging Markets AlphaDEX Fund (FEM).