First Trust Exchange-Traded AlphaDEX Fund II has announced a significant change in its management team. Chris Fallow will serve as a portfolio manager for the fund, effective November 1, 2026. This decision is part of a broader strategy to enhance the fund's investment management capabilities.

Fallow, who holds the Chartered Financial Analyst designation, has been with First Trust since 2001. He currently serves as a Senior Vice President at First Trust Advisors L.P. and First Trust Portfolios L.P. His experience includes overseeing the implementation of actively managed investment strategies, making him a fitting choice for this role.

Background

First Trust Exchange-Traded AlphaDEX Fund II is an investment fund based in Wheaton, Illinois. The fund is part of the First Trust family, which is known for offering a variety of exchange-traded funds (ETFs). The company was incorporated in Massachusetts and is focused on providing innovative investment solutions to its clients.

What the Filing Says

The recent filing states, "Chris Fallow will serve as a portfolio manager for each Fund as part of the Investment Committee beginning on or about November 1, 2026." This appointment is expected to bring a new perspective to the fund's management.

Impact

This change may affect investors and stakeholders in the First Trust Exchange-Traded AlphaDEX Fund II, as they will be looking for signs of improved performance and management effectiveness under Fallow's leadership. Additionally, other funds within the First Trust family may also experience shifts in their management dynamics as a result of this appointment.

What's Next

The filing does not say what happens next.