First Trust Board Approves Reorganizations of First Trust Canada AlphaDEX Fund, First Trust Australia AlphaDEX Fund, First Trust Hong Kong AlphaDEX Fund and First Trust South Korea AlphaDEX Fund into First Trust Developed Markets ex-US AlphaDEX Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the Boards of Trustees of First Trust Canada AlphaDEX® Fund (Nasdaq: FCAN), First Trust Australia AlphaDEX® Fund (NYSE Arca: FAUS), First Trust Hong Kong AlphaDEX® Fund (Nasdaq: FHK), and First Trust South Korea AlphaDEX® Fund (Nasdaq: FKO), each an index based exchange-traded fund (“ETF”), managed by FTA, approved the reorganizations of FCAN, FAUS, FHK and FKO, respectively, into First Trust Developed Markets ex-US AlphaDEX® Fund (Nasdaq: FDT), an index based ETF managed by FTA. The reorganizations have also been approved by the Board of Trustees of the FDT. FDT will be the surviving fund for each reorganization.