First Trust Large Cap Core Fund A (02FS)

Overview

This financial entity is primarily focused on investments that strive to outperform traditional market indices by employing a specific selection methodology known as AlphaDEX®. By committing at least 90% of its net assets, including borrowed funds for investment purposes, to securities listed within the NASDAQ US 500 Large Cap Index TM, the fund seeks to identify stocks that have the potential to generate positive alpha. Positive alpha signifies the ability to achieve risk-adjusted returns that surpass those of conventional benchmarks. The investment strategy emphasizes capturing higher performance through a refined selection process, aiming to offer investors enhanced returns compared to those provided by the base index.

Products and Services

• Investment in NASDAQ US 500 Large Cap Index TM Constituents

  The core service involves the strategic investment in securities that are a part of the NASDAQ US 500 Large Cap Index TM. By dedicating a significant portion of its assets to these securities, the fund aims to mirror or exceed the performance of this base index. This approach leverages the inherent strengths and potential of large-cap companies within the U.S. market, providing a foundation for stable growth and investment returns.

• Use of AlphaDEX® Selection Methodology

  A distinctive aspect of the fund's strategy is the application of the AlphaDEX® selection methodology. This analytical approach is designed to identify stocks from the NASDAQ US 500 Large Cap Index TM that show the greatest promise for generating positive alpha. In other words, the methodology seeks to pinpoint investments that are expected to outperform on a risk-adjusted basis, thereby potentially yielding higher returns than traditional indices. This selective, performance-oriented process underscores the fund's commitment to innovative investment strategies that aim to benefit investors through enhanced market performance.