AFMC
First Trust Active Factor Mid Cap ETF
📎 Investment Objective
The First Trust Active Factor Mid Cap ETF (AFMC) seeks to provide long-term capital appreciation by investing in a portfolio of mid-cap U.S. equities selected using a multi-factor investment approach.
Overview
ETF tracking First Trust Active Factor Mid Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Active Factor Mid Cap ETF (AFMC) seeks to provide long-term capital appreciation by investing in a portfolio of mid-cap U.S. equities selected using a multi-factor investment approach.
🎯 Investment Strategy
AFMC uses a quantitative, multi-factor stock selection process to identify mid-cap companies that exhibit favorable characteristics such as value, quality, momentum, and low volatility. The fund's portfolio is actively managed and rebalanced periodically to maintain exposure to these factors.
✨ Key Features
- Actively managed mid-cap equity fund that aims to outperform the broader mid-cap market
- Utilizes a multi-factor investment approach to identify attractive mid-cap stocks
- Diversified portfolio of 50-100 mid-cap U.S. companies
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Sector concentration risk: The fund may have significant exposure to certain sectors, which could increase volatility
- Style risk: The fund's multi-factor approach may underperform the broader market during certain market conditions
- Liquidity risk: Investing in mid-cap stocks may involve less liquidity than large-cap stocks
👤 Best For
AFMC may be suitable for investors seeking long-term capital appreciation through exposure to a diversified portfolio of mid-cap U.S. equities. The fund's active, multi-factor approach may appeal to investors who are comfortable with a moderate level of risk and volatility in pursuit of potentially higher returns.