About First Trust Multi Cap Growth AlphaDEX Fund (FAD)

First Trust Multi Cap Growth AlphaDEX Fund (FAD) is an exchange-traded fund that aims to provide investment results that correspond to the performance of the Defined Multi Cap Growth Index. The fund follows a quantitatively driven methodology to select stocks from the Nasdaq US 1500 Index. FAD primarily invests in medium to large-sized companies with strong growth potential across various sectors of the economy. With a focus on growth-oriented stocks, the fund seeks to outperform traditional market cap-weighted indexes.

Over the years, FAD has exhibited a consistent track record in delivering strong returns to its investors. The fund's investment strategy, which blends both growth and alpha-seeking techniques, has been instrumental in generating attractive long-term performance. By employing a rules-based approach, FAD filters and screens stocks based on factors like price momentum, valuation, and quality. This disciplined investment process has helped FAD identify stocks with superior growth prospects and potentially enhanced alpha.