Launched on April 19, 2011, the First Trust Mid Cap Growth AlphaDEX ETF (FNY) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Growth segment of the US equity market.
The First Trust Mid Cap Growth AlphaDEX ETF (FNY) made its debut on 04/19/2011, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Mid Cap Growth category of the market.
If you're interested in broad exposure to the Mid Cap Growth segment of the US equity market, look no further than the First Trust Mid Cap Growth AlphaDEX ETF (FNY), a passively managed exchange traded fund launched on April 19, 2011.
| XBER Exchange | US Country |
Our fund primarily focuses on investing in growth stocks selected from the NASDAQ US 600 Mid Cap Index TM, leveraging the advanced AlphaDEX® selection methodology to pursue the generation of positive alpha, or risk-adjusted returns, surpassing traditional indices. We aim to maintain a portfolio where at least 90% of its net assets, including any borrowed for investment purposes, are invested in securities that are part of the index. Our strategy is designed for investors seeking strategic growth opportunities within the mid-cap segment of the market, using an innovative approach to stock selection to potentially enhance investment outcomes.
We offer our clients the opportunity to invest in growth stocks within the NASDAQ US 600 Mid Cap Index TM. These are selected through a meticulous process that aims to identify stocks that can provide higher than average returns compared to their peers, focusing on capital appreciation as the primary goal.
The cornerstone of our investment approach is the AlphaDEX® selection process. This proprietary methodology is designed to identify potential outperformers within the index by evaluating stocks on various growth factors. The AlphaDEX® approach aims to generate positive alpha for our investors, offering a smarter way to gain exposure to mid-cap growth opportunities.