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First Trust Multi-Manager Large Growth ETF (MMLG)

29.04 +0.04 (+0.14%)
At close: October 25 at 4:00 PM EDT
30.52 +1.48 (+5.10%)
After hours: October 25 at 5:23 PM EDT

ETF Summary

Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities issued by large capitalization companies. Its portfolio will be principally composed of common stocks issued by companies domiciled in the United States, common stocks issued by non-U.S. companies that are principally traded in the United States and ADR. The fund utilizes a multi-manager approach to provide exposure to the large capitalization growth segment of the equity market through the blending of multiple portfolio management teams. It is non-diversified.

ETF Overview

Category Large Growth
Fund Family First Trust Advisors L.P.
Net Assets 69.6M
YTD Daily Total Return 21.08%
Yield 0.00%
Legal Type Exchange Traded Fund

ETF Operations

Attributes MMLG Category Average
Annual Report Expense Ratio (net) 0.85% 0.94%
Holdings Turnover 0.00% 51.33%
Total Net Assets 336,904.69 336,904.69

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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