First Trust Multi-Manager Large Growth ETFFirst Trust Multi-Manager Large Growth ETFFirst Trust Multi-Manager Large Growth ETF

First Trust Multi-Manager Large Growth ETF

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Key stats


Assets under management (AUM)
‪81.08 M‬USD
Fund flows (1Y)
‪642.25 K‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.004%
Shares outstanding
‪2.50 M‬
Expense ratio
0.85%

About First Trust Multi-Manager Large Growth ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Jul 21, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
MMLG has a multi-manager approach to active investing. Wellington and Sands Capital are selected as the Sub-advisors and allocated 50% each in fund assets. The Russell 1000 Growth Index will be the starting universe for both of the advisors but each will tailor-fit their selection based on their investment styles. Wellington will utilize a fundamental bottom-up analysis to evaluate various factors of quality, valuation, and momentum, including but not limited to evaluation of capital structure, earnings ratios and cash flow ratios, and trend of revenues and earnings revisions. Conversely, Sands Capital will focus on growth and use quantitative and qualitative fundamental research to analyze factors such as sustainable earnings growth, leadership position, competitive advantages, clear mission and value-added focus, financial strength, and valuation. Sands Capital will use conviction-based weighting based on those factors. The two approaches are intended to complement each other.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Growth
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of February 21, 2025
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Stocks97.83%
Technology Services41.62%
Electronic Technology21.46%
Retail Trade8.92%
Finance6.43%
Health Technology5.74%
Transportation3.81%
Commercial Services3.15%
Consumer Services2.21%
Consumer Durables1.43%
Consumer Non-Durables0.64%
Producer Manufacturing0.64%
Industrial Services0.56%
Process Industries0.56%
Health Services0.38%
Energy Minerals0.15%
Utilities0.12%
Bonds, Cash & Other2.17%
Mutual fund2.17%
Stock breakdown by region
93%2%3%
North America93.97%
Asia3.09%
Europe2.94%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows