| Fund Description |
| The Fund will invest at least 80% of its net assets (including investment borrowings) in equity securities issued by large capitalization companies. The Fund considers large capitalization companies to be those companies with market capitalizations within the market capitalization range of the companies comprising the Russell 1000 Growth Index (as of the index s most recent reconstitution). The Fund s 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 American Depositary Receipts. The Fund utilizes amulti-manager approach to provide exposure to the large capitalization growth segment of the equity market through the blending of multiple portfolio management teams. This multi-manager approach seeks to provide investors with diversified expertise from leading asset management firms that each utilizes its own experience, philosophy and strategy for investing in the large capitalization growth segment of the equity market. |
| Fund Profile |
| Fund Name |
First Trust Multi-Manager Large Growth ETF |
| Fund Exchange Ticker |
MMLG |
| Fund Sponsor |
First Trust |
| Fund ISIN |
US33740F7895 |
| Net Expense Ratio |
0.85 % |
| Fund Inception Date |
21 July 2020 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
US Equities - Broad Market & Size |
| Asset Class |
Equities (Stocks) |
| Index Linked |
Active |
| Index Name |
Not Applicable |
| Index Provider |
Not Applicable |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Developed Market Funds |
| Market Capitalization Range |
Large Cap |
| Growth Value |
Core / Blend |
| Continent |
North America |
| Key Statistics |
| Return As of Date |
21 January 2021 |
| Asset Under Management |
2.46 Million (USD) |
| 1 Month Total Return |
2.11 % |
| Year To Date Return |
2.58 % |
| 1 Year Total Return |
|
| 3 Year Annualized Total Return |
|
| NAV |
24.59 |
| Share Outstanding |
100,002 |