FTC
First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index--symbol DEFILGOI)
📎 Investment Objective
The First Trust Large Cap Growth AlphaDEX Fund seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Defined Large Cap Growth Index.
Overview
ETF tracking First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index--symbol DEFILGOI)
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Large Cap Growth AlphaDEX Fund seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Defined Large Cap Growth Index.
🎯 Investment Strategy
The fund uses an 'AlphaDEX' stock selection methodology to select and weight stocks from the Defined Large Cap Growth Index. This methodology aims to enhance returns compared to a traditional market capitalization-weighted index.
✨ Key Features
- Focuses on large-cap growth stocks with the potential for capital appreciation
- Uses a proprietary stock selection process to identify stocks with growth characteristics
- Diversified portfolio across multiple sectors and industries
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk - The value of the fund's shares will fluctuate with changes in the stock market
- Sector risk - The fund may be overweight in certain sectors, which could adversely impact performance
- Style risk - The fund's growth investment style may underperform other investment styles
- Liquidity risk - Some holdings may be difficult to sell at desired prices
👤 Best For
The First Trust Large Cap Growth AlphaDEX Fund may be suitable for long-term investors seeking exposure to large-cap growth stocks with the potential for capital appreciation. Investors should have a moderate to high risk tolerance and a long-term investment horizon.