First Trust Multi Cap Value AlphaDEX Fund V.FAB

Primary Symbol: FAB

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the Nasdaq AlphaDEX Multi Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 500 Large Cap Index, NASDAQ US 600 Mid Cap Index and NASDAQ US 700 Small Cap Index that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX selection methodology.

NDAQ:FAB - Post by User

First Trust Multi Cap Value AlphaDEX Fund

Bullboard Posts

Comment by kosokowon Aug 14, 2008 10:16am

301 Views

Post# 15383555

RE: Hey BrainPhart Loudly...

We are sensitive on this board, aren't we.

Remember there was an initial roll-back of sorts in the first merger plan where shareholders would get 1 CJC share for 4.3 FAB or 5 WL or ?? BHP shares. Or some ratio like that.

FAB and CJC have essentially exactly the same share of the same asset. Well, since WL is already rolled back 5:1, it makes sense for FAB to be rolled back as well. The only thing different is the ratio. Since WL paid all the costs of the newco, and FAB has been further diluted, and is in a situation that will be costly to rectify, the 6:1 offer likely represents fair value on par with WL shareholders. It seems to be a graceful exit for FAB since they are not trading, the president is being investigated for insider trading, and they need to raise 18 months of funds to be reinstated.

Perhaps there is other information that will change my view, if so, please share it.

Ted

Bullboard Posts

Air Canada stock rises as service from Ottawa grows