About First Trust Large Cap Growth AlphaDEX Fund (FTC)

The First Trust Large Cap Growth AlphaDEX Fund (FTC) is an exchange-traded fund that seeks to provide investment results that correspond to the performance of the Defined Large Cap Growth Index. The fund is designed to provide exposure to large-cap growth stocks in the U.S. equity market. It uses a quantitative model to select stocks that exhibit growth characteristics based on factors such as price appreciation, earnings growth, and sales growth.

The fund's investment strategy is based on the AlphaDEX methodology, which is a rules-based stock selection system. It utilizes various factors to determine the weightings of individual stocks within the portfolio. The methodology aims to identify stocks with strong growth potential and reduce exposure to stocks with weak growth prospects. This approach seeks to provide investors with enhanced returns compared to traditional market-cap-weighted indexes.