|
|
 |
|
Holdings of the Fund as of 10/2/2026
Total Number of Holdings (excluding cash): 205
| Twist Bioscience Corporation |
TWST |
90184D100 |
5,865 |
$1,106,549.55 |
2.09% |
| Xometry, Inc. (Class A) |
XMTR |
98423F109 |
9,649 |
$989,311.97 |
1.87% |
| Zeta Global Holdings Corp. (Class A) |
ZETA |
98956A105 |
25,691 |
$838,297.33 |
1.58% |
| JFrog Ltd. |
FROG |
M6191J100 |
7,873 |
$751,871.50 |
1.42% |
| Guardant Health, Inc. |
GH |
40131M109 |
4,204 |
$747,471.20 |
1.41% |
| Travere Therapeutics, Inc. |
TVTX |
89422G107 |
12,888 |
$733,713.84 |
1.38% |
| FirstCash Holdings, Inc. |
FCFS |
33768G107 |
3,443 |
$724,269.48 |
1.37% |
| Varonis Systems, Inc. |
VRNS |
922280102 |
13,442 |
$639,435.94 |
1.21% |
| Rubrik, Inc. (Class A) |
RBRK |
781154109 |
5,071 |
$601,319.18 |
1.13% |
| Protagonist Therapeutics, Inc. |
PTGX |
74366E102 |
4,201 |
$588,392.06 |
1.11% |
| Ligand Pharmaceuticals Inc. (Class B) |
LGND |
53220K504 |
1,874 |
$567,747.04 |
1.07% |
| Spyre Therapeutics, Inc. |
SYRE |
00773J202 |
6,084 |
$566,967.96 |
1.07% |
| SailPoint, Inc. |
SAIL |
78781J109 |
26,171 |
$534,673.53 |
1.01% |
| Silicon Motion Technology Corporation (ADR) |
SIMO |
82706C108 |
1,899 |
$532,669.50 |
1.01% |
| Halozyme Therapeutics, Inc. |
HALO |
40637H109 |
4,810 |
$528,426.60 |
1.00% |
| VSE Corporation |
VSEC |
918284100 |
3,119 |
$521,746.32 |
0.98% |
| Repligen Corporation |
RGEN |
759916109 |
2,832 |
$514,574.40 |
0.97% |
| Praxis Precision Medicines, Inc. |
PRAX |
74006W207 |
1,660 |
$490,546.60 |
0.93% |
| EZCORP, Inc. |
EZPW |
302301106 |
15,075 |
$455,265.00 |
0.86% |
| Ollie's Bargain Outlet Holdings, Inc. |
OLLI |
681116109 |
5,164 |
$454,716.12 |
0.86% |
| Definium Therapeutics Inc. |
DFTX |
24477V105 |
11,714 |
$438,103.60 |
0.83% |
| US Dollar |
$USD |
|
437,797 |
$437,797.32 |
0.83% |
| DigitalOcean Holdings, Inc. |
DOCN |
25402D102 |
3,062 |
$428,894.34 |
0.81% |
| MaxLinear, Inc. |
MXL |
57776J100 |
4,068 |
$430,923.24 |
0.81% |
| Edgewise Therapeutics, Inc. |
EWTX |
28036F105 |
10,276 |
$425,426.40 |
0.80% |
| Exelixis, Inc. |
EXEL |
30161Q104 |
7,267 |
$424,320.13 |
0.80% |
| Manhattan Associates, Inc. |
MANH |
562750109 |
1,999 |
$408,085.97 |
0.77% |
| Fastly, Inc. (Class A) |
FSLY |
31188V100 |
15,197 |
$392,234.57 |
0.74% |
| MACOM Technology Solutions Holdings, Inc. |
MTSI |
55405Y100 |
1,208 |
$388,492.80 |
0.73% |
| RBC Bearings Incorporated |
RBC |
75524B104 |
750 |
$386,670.00 |
0.73% |
| Virtu Financial, Inc. (Class A) |
VIRT |
928254101 |
6,580 |
$386,838.20 |
0.73% |
| Acadian Asset Management Inc. |
AAMI |
10948W103 |
3,982 |
$374,984.94 |
0.71% |
| WisdomTree, Inc. |
WT |
97717P104 |
15,530 |
$378,621.40 |
0.71% |
| Bandwidth Inc. (Class A) |
BAND |
05988J103 |
5,855 |
$373,197.70 |
0.70% |
| BioLife Solutions, Inc. |
BLFS |
09062W204 |
9,807 |
$365,801.10 |
0.69% |
| Herc Holdings, Inc. |
HRI |
42704L104 |
2,652 |
$366,957.24 |
0.69% |
| Life Time Group Holdings, Inc. |
LTH |
53190C102 |
8,398 |
$344,234.02 |
0.65% |
| ICON Plc |
ICLR |
G4705A100 |
2,082 |
$337,388.10 |
0.64% |
| Lattice Semiconductor Corporation |
LSCC |
518415104 |
2,436 |
$326,424.00 |
0.62% |
| Five9, Inc. |
FIVN |
338307101 |
9,379 |
$322,262.44 |
0.61% |
| Leonardo DRS, Inc. |
DRS |
52661A108 |
8,828 |
$324,870.40 |
0.61% |
| Boot Barn Holdings, Inc. |
BOOT |
099406100 |
2,603 |
$317,253.64 |
0.60% |
| Glaukos Corporation |
GKOS |
377322102 |
1,956 |
$320,295.00 |
0.60% |
| AeroVironment, Inc. |
AVAV |
008073108 |
2,228 |
$313,746.96 |
0.59% |
| Encore Capital Group, Inc. |
ECPG |
292554102 |
3,269 |
$313,562.48 |
0.59% |
| First Watch Restaurant Group, Inc. |
FWRG |
33748L101 |
29,775 |
$314,721.75 |
0.59% |
| Five Below, Inc. |
FIVE |
33829M101 |
1,416 |
$313,205.04 |
0.59% |
| Kymera Therapeutics, Inc. |
KYMR |
501575104 |
2,914 |
$312,934.46 |
0.59% |
| Medpace Holdings, Inc. |
MEDP |
58506Q109 |
521 |
$312,323.87 |
0.59% |
| Piper Sandler Companies |
PIPR |
724078209 |
4,747 |
$310,263.92 |
0.59% |
| Powell Industries, Inc. |
POWL |
739128106 |
1,603 |
$314,348.30 |
0.59% |
| Septerna, Inc. |
SEPN |
81734D104 |
8,223 |
$310,089.33 |
0.59% |
| Scholar Rock Holding Corporation |
SRRK |
80706P103 |
6,582 |
$308,103.42 |
0.58% |
| Semtech Corporation |
SMTC |
816850101 |
1,581 |
$308,105.28 |
0.58% |
| iRhythm Holdings, Inc. |
IRTC |
450056106 |
2,748 |
$303,296.76 |
0.57% |
| Magnolia Oil & Gas Corporation (Class A) |
MGY |
559663109 |
12,597 |
$303,209.79 |
0.57% |
| The Chefs' Warehouse, Inc. |
CHEF |
163086101 |
2,600 |
$302,692.00 |
0.57% |
| Victoria's Secret & Co. |
VSXY |
926400102 |
3,295 |
$302,250.35 |
0.57% |
| Dave Inc. (Class A) |
DAVE |
23834J201 |
834 |
$289,039.38 |
0.55% |
| HealthEquity, Inc. |
HQY |
42226A107 |
3,248 |
$292,449.92 |
0.55% |
| Onto Innovation Inc. |
ONTO |
683344105 |
891 |
$292,043.07 |
0.55% |
| Wingstop Inc. |
WING |
974155103 |
2,707 |
$289,351.23 |
0.55% |
| IMAX Corporation |
IMAX |
45245E109 |
5,441 |
$286,849.52 |
0.54% |
| nLight, Inc. |
LASR |
65487K100 |
7,017 |
$284,749.86 |
0.54% |
| AXT, Inc. |
AXTI |
00246W103 |
3,245 |
$278,648.15 |
0.53% |
| PTC Therapeutics, Inc. |
PTCT |
69366J200 |
4,412 |
$279,985.52 |
0.53% |
| The Descartes Systems Group Inc. |
DSGX |
249906108 |
3,519 |
$281,801.52 |
0.53% |
| Xenon Pharmaceuticals Inc. |
XENE |
98420N105 |
7,323 |
$278,420.46 |
0.53% |
| Karman Holdings Inc. |
KRMN |
485924104 |
8,058 |
$275,100.12 |
0.52% |
| Netskope, Inc. (Class A) |
NTSK |
64119N608 |
15,533 |
$275,710.75 |
0.52% |
| Supernus Pharmaceuticals, Inc. |
SUPN |
868459108 |
6,517 |
$276,190.46 |
0.52% |
| Everpure, Inc. (Class A) |
P |
74624M102 |
1,936 |
$271,311.04 |
0.51% |
| Kratos Defense & Security Solutions, Inc. |
KTOS |
50077B207 |
6,163 |
$265,440.41 |
0.50% |
| Moog Inc. |
MOG/A |
615394202 |
677 |
$265,878.21 |
0.50% |
| Rambus Inc. |
RMBS |
750917106 |
2,374 |
$265,816.78 |
0.50% |
| Sitime Corporation |
SITM |
82982T106 |
375 |
$266,040.00 |
0.50% |
| Viper Energy, Inc. (Class A) |
VNOM |
64361Q101 |
6,351 |
$258,104.64 |
0.49% |
| Adaptive Biotechnologies Corporation |
ADPT |
00650F109 |
9,022 |
$255,773.70 |
0.48% |
| CECO Environmental Corp. |
CECO |
125141101 |
3,487 |
$256,852.42 |
0.48% |
| Camtek Ltd. |
CAMT |
M20791105 |
1,499 |
$247,619.81 |
0.47% |
| Genius Sports Limited |
GENI |
G3934V109 |
41,518 |
$249,938.36 |
0.47% |
| Tidewater Inc. |
TDW |
88642R109 |
3,052 |
$251,545.84 |
0.47% |
| Agilysys, Inc. |
AGYS |
00847J105 |
2,436 |
$241,797.36 |
0.46% |
| Natera, Inc. |
NTRA |
632307104 |
596 |
$244,568.60 |
0.46% |
| Paymentus Holdings, Inc. (Class A) |
PAY |
70439P108 |
7,902 |
$243,618.66 |
0.46% |
| Remitly Global, Inc. |
RELY |
75960P104 |
11,266 |
$245,260.82 |
0.46% |
| SentinelOne, Inc. (Class A) |
S |
81730H109 |
9,807 |
$245,763.42 |
0.46% |
| Amylyx Pharmaceuticals, Inc. |
AMLX |
03237H101 |
8,646 |
$240,272.34 |
0.45% |
| Balchem Corporation |
BCPC |
057665200 |
1,437 |
$239,346.72 |
0.45% |
| Customers Bancorp, Inc. |
CUBI |
23204G100 |
3,176 |
$239,692.72 |
0.45% |
| Guidewire Software, Inc. |
GWRE |
40171V100 |
1,582 |
$240,701.30 |
0.45% |
| Palomar Holdings, Inc. |
PLMR |
69753M105 |
1,874 |
$237,042.26 |
0.45% |
| Robert Half Inc. |
RHI |
770323103 |
6,629 |
$239,439.48 |
0.45% |
| TechnipFMC Plc |
FTI |
G87110105 |
3,415 |
$235,020.30 |
0.44% |
| Flywire Corporation |
FLYW |
302492103 |
12,943 |
$227,537.94 |
0.43% |
| Cognex Corporation |
CGNX |
192422103 |
3,415 |
$221,872.55 |
0.42% |
| Impinj, Inc. |
PI |
453204109 |
1,166 |
$221,085.26 |
0.42% |
| Axsome Therapeutics, Inc. |
AXSM |
05464T104 |
1,206 |
$216,175.50 |
0.41% |
| BWX Technologies, Inc. |
BWXT |
05605H100 |
1,624 |
$219,012.64 |
0.41% |
| Globus Medical, Inc. (Class A) |
GMED |
379577208 |
2,873 |
$217,198.80 |
0.41% |
| Viavi Solutions Inc. |
VIAV |
925550105 |
4,602 |
$216,754.20 |
0.41% |
| Almonty Industries Inc. |
ALM |
020398707 |
15,869 |
$212,644.60 |
0.40% |
| Amprius Technologies, Inc. |
AMPX |
03214Q108 |
22,196 |
$214,635.32 |
0.40% |
| Compass, Inc. (Class A) |
COMP |
20464U100 |
23,057 |
$212,585.54 |
0.40% |
| Fabrinet |
FN |
G3323L100 |
458 |
$212,370.02 |
0.40% |
| MAXIMUS, Inc. |
MMS |
577933104 |
4,060 |
$213,759.00 |
0.40% |
| Sezzle Inc. |
SEZL |
78435P105 |
1,982 |
$212,886.62 |
0.40% |
| AGCO Corporation |
AGCO |
001084102 |
1,784 |
$204,464.24 |
0.39% |
| Archrock, Inc. |
AROC |
03957W106 |
6,830 |
$207,153.90 |
0.39% |
| e.l.f. Beauty, Inc. |
ELF |
26856L103 |
1,954 |
$204,544.72 |
0.39% |
| Elastic N.V. |
ESTC |
N14506104 |
2,179 |
$204,695.26 |
0.39% |
| Knight-Swift Transportation Holdings Inc. |
KNX |
499049104 |
3,120 |
$208,291.20 |
0.39% |
| Star Bulk Carriers Corp. |
SBLK |
Y8162K204 |
6,642 |
$204,241.50 |
0.39% |
| Steven Madden, Ltd. |
SHOO |
556269108 |
4,480 |
$205,945.60 |
0.39% |
| StoneX Group Inc. |
SNEX |
861896108 |
3,123 |
$205,524.63 |
0.39% |
| Andersen Group Inc. (Class A) |
ANDG |
033853102 |
3,533 |
$201,875.62 |
0.38% |
| FIGS, Inc. (Class A) |
FIGS |
30260D103 |
14,882 |
$201,204.64 |
0.38% |
| IAMGOLD Corporation |
IAG |
450913108 |
10,853 |
$200,997.56 |
0.38% |
| Axogen, Inc. |
AXGN |
05463X106 |
5,226 |
$195,400.14 |
0.37% |
| Federal Signal Corporation |
FSS |
313855108 |
1,677 |
$195,102.18 |
0.37% |
| Garrett Motion Inc. |
GTX |
366505105 |
7,310 |
$197,881.70 |
0.37% |
| Ryan Specialty Holdings, Inc. (Class A) |
RYAN |
78351F107 |
5,185 |
$195,318.95 |
0.37% |
| Ultra Clean Holdings, Inc. |
UCTT |
90385V107 |
2,727 |
$198,225.63 |
0.37% |
| Webull Corporation (Class A) |
BULL |
G9572D103 |
26,401 |
$193,783.34 |
0.37% |
| Immunome, Inc. |
IMNM |
45257U108 |
9,232 |
$192,948.80 |
0.36% |
| Lithia Motors, Inc. |
LAD |
536797103 |
617 |
$189,894.09 |
0.36% |
| TAT Technologies Ltd. |
TATT |
M8740S227 |
5,455 |
$191,934.24 |
0.36% |
| Ambarella, Inc. |
AMBA |
G037AX101 |
2,728 |
$187,277.20 |
0.35% |
| Celldex Therapeutics Inc. |
CLDX |
15117B202 |
5,867 |
$185,690.55 |
0.35% |
| Neptune Insurance Holdings Inc. (Class A) |
NP |
64073B103 |
6,819 |
$187,045.17 |
0.35% |
| Power Integrations, Inc. |
POWI |
739276103 |
3,290 |
$179,173.40 |
0.34% |
| The Vita Coco Company, Inc. |
COCO |
92846Q107 |
3,229 |
$180,727.13 |
0.34% |
| AAON, Inc. |
AAON |
000360206 |
2,103 |
$175,116.81 |
0.33% |
| Aehr Test Systems, Inc. |
AEHR |
00760J108 |
1,619 |
$173,572.99 |
0.33% |
| Generac Holdings Inc. |
GNRC |
368736104 |
812 |
$176,041.60 |
0.33% |
| Global-E Online Ltd. |
GLBE |
M5216V106 |
4,477 |
$175,990.87 |
0.33% |
| Kornit Digital Ltd. |
KRNT |
M6372Q113 |
9,870 |
$172,626.30 |
0.33% |
| Sportradar Group AG (Class A) |
SRAD |
H8088L103 |
15,033 |
$176,788.08 |
0.33% |
| American Superconductor Corporation |
AMSC |
030111207 |
5,684 |
$170,576.84 |
0.32% |
| Braze, Inc. (Class A) |
BRZE |
10576N102 |
6,705 |
$170,441.10 |
0.32% |
| InterDigital, Inc. |
IDCC |
45867G101 |
512 |
$171,586.56 |
0.32% |
| Lindsay Corporation |
LNN |
535555106 |
1,478 |
$169,009.30 |
0.32% |
| Rush Street Interactive, Inc. |
RSI |
782011100 |
8,365 |
$167,383.65 |
0.32% |
| Titan Machinery Inc. |
TITN |
88830R101 |
6,663 |
$169,373.46 |
0.32% |
| Arrowhead Pharmaceuticals, Inc. |
ARWR |
04280A100 |
2,524 |
$162,015.56 |
0.31% |
| Cogent Biosciences, Inc. |
COGT |
19240Q201 |
5,257 |
$163,072.14 |
0.31% |
| Enova International, Inc. |
ENVA |
29357K103 |
946 |
$163,553.94 |
0.31% |
| Madrigal Pharmaceuticals, Inc. |
MDGL |
558868105 |
325 |
$162,305.00 |
0.31% |
| Sterling Infrastructure, Inc. |
STRL |
859241101 |
307 |
$163,759.94 |
0.31% |
| Commvault Systems, Inc. |
CVLT |
204166102 |
1,044 |
$156,892.32 |
0.30% |
| SiteOne Landscape Supply, Inc. |
SITE |
82982L103 |
1,791 |
$160,401.96 |
0.30% |
| Terex Corporation |
TEX |
880779103 |
2,811 |
$159,411.81 |
0.30% |
| Zurn Elkay Water Solutions Corp. |
ZWS |
98983L108 |
3,390 |
$161,601.30 |
0.30% |
| Bullish |
BLSH |
G16910120 |
4,497 |
$153,932.31 |
0.29% |
| DPC Holdings Plc |
DPC |
G2R11M108 |
3,677 |
$152,043.95 |
0.29% |
| Freshpet, Inc. |
FRPT |
358039105 |
2,563 |
$154,446.38 |
0.29% |
| James Hardie Industries plc |
JHX |
G4253H101 |
6,184 |
$154,538.16 |
0.29% |
| Mercury Systems, Inc. |
MRCY |
589378108 |
1,781 |
$151,153.47 |
0.29% |
| Park Aerospace Corp. |
PKE |
70014A104 |
5,060 |
$153,925.20 |
0.29% |
| Veracyte, Inc. |
VCYT |
92337F107 |
3,332 |
$152,638.92 |
0.29% |
| Antero Resources Corporation |
AR |
03674X106 |
4,310 |
$146,884.80 |
0.28% |
| Hut 8 Corp. |
HUT |
44812J104 |
1,670 |
$149,682.10 |
0.28% |
| Marriott Vacations Worldwide Corporation |
VAC |
57164Y107 |
1,442 |
$150,256.40 |
0.28% |
| Bright Horizons Family Solutions Inc. |
BFAM |
109194100 |
2,207 |
$141,821.82 |
0.27% |
| Champion Homes Inc. |
SKY |
830830105 |
1,619 |
$142,633.90 |
0.27% |
| Innovex International, Inc. |
INVX |
457651107 |
5,226 |
$142,722.06 |
0.27% |
| Mirion Technologies, Inc. |
MIR |
60471A101 |
9,765 |
$142,569.00 |
0.27% |
| Alkermes Plc |
ALKS |
G01767105 |
3,354 |
$140,029.50 |
0.26% |
| ExlService Holdings, Inc. |
EXLS |
302081104 |
3,900 |
$139,425.00 |
0.26% |
| Harley-Davidson, Inc. |
HOG |
412822108 |
5,560 |
$136,498.00 |
0.26% |
| Oceaneering International, Inc. |
OII |
675232102 |
3,102 |
$137,480.64 |
0.26% |
| OPENLANE Inc. |
OPLN |
48238T109 |
3,842 |
$136,506.26 |
0.26% |
| Scorpio Tankers Inc. |
STNG |
Y7542C130 |
1,589 |
$137,019.47 |
0.26% |
| CSW Industrials, Inc. |
CSW |
126402106 |
430 |
$130,156.70 |
0.25% |
| Gulfport Energy Corporation |
GPOR |
402635502 |
854 |
$131,857.60 |
0.25% |
| Installed Building Products, Inc. |
IBP |
45780R101 |
687 |
$132,591.00 |
0.25% |
| Kodiak Gas Services, Inc. |
KGS |
50012A108 |
2,478 |
$134,629.74 |
0.25% |
| ESCO Technologies Inc. |
ESE |
296315104 |
467 |
$128,401.65 |
0.24% |
| Rush Enterprises, Inc. (Class A) |
RUSHA |
781846209 |
2,703 |
$127,527.54 |
0.24% |
| The Timken Company |
TKR |
887389104 |
1,031 |
$126,235.64 |
0.24% |
| Construction Partners, Inc. (Class A) |
ROAD |
21044C107 |
1,327 |
$120,863.16 |
0.23% |
| Perimeter Solutions, Inc. |
PRM |
71385M107 |
4,447 |
$122,070.15 |
0.23% |
| Tarsus Pharmaceuticals, Inc. |
TARS |
87650L103 |
1,650 |
$120,450.00 |
0.23% |
| Heartflow, Inc. |
HTFL |
42238D107 |
2,387 |
$117,726.84 |
0.22% |
| Helmerich & Payne, Inc. |
HP |
423452101 |
3,078 |
$118,687.68 |
0.22% |
| Modine Manufacturing Company |
MOD |
607828100 |
642 |
$114,404.40 |
0.22% |
| The Cheesecake Factory Incorporated |
CAKE |
163072101 |
1,061 |
$116,338.65 |
0.22% |
| Dianthus Therapeutics, Inc. |
DNTH |
252828108 |
1,229 |
$108,410.09 |
0.20% |
| Cactus, Inc. (Class A) |
WHD |
127203107 |
1,586 |
$100,615.84 |
0.19% |
| Figure Technology Solutions, Inc. (Class A) |
FIGR |
349381103 |
3,592 |
$102,479.76 |
0.19% |
| First Advantage Corporation |
FA |
31846B108 |
5,536 |
$100,146.24 |
0.19% |
| Uranium Energy Corp. |
UEC |
916896103 |
11,101 |
$103,239.30 |
0.19% |
| Vishay Precision Group, Inc. |
VPG |
92835K103 |
1,187 |
$93,856.09 |
0.18% |
| AtriCure, Inc. |
ATRC |
04963C209 |
1,641 |
$90,484.74 |
0.17% |
| Eos Energy Enterprises, Inc. |
EOSE |
29415C101 |
27,708 |
$88,942.68 |
0.17% |
| Navan, Inc. (Class A) |
NAVN |
639193101 |
4,162 |
$89,191.66 |
0.17% |
| Crocs, Inc. |
CROX |
227046109 |
724 |
$85,497.16 |
0.16% |
| Toast, Inc. (Class A) |
TOST |
888787108 |
2,894 |
$86,212.26 |
0.16% |
| YETI Holdings, Inc. |
YETI |
98585X104 |
2,078 |
$84,927.86 |
0.16% |
| Cardinal Infrastructure Group Inc. (Class A) |
CDNL |
14154A102 |
2,663 |
$81,833.99 |
0.15% |
| Red Violet, Inc. |
RDVT |
75704L104 |
1,020 |
$80,855.40 |
0.15% |
| Structure Therapeutics Inc. |
GPCR |
86366E106 |
2,704 |
$74,819.68 |
0.14% |
| Universal Technical Institute, Inc. |
UTI |
913915104 |
2,730 |
$52,907.40 |
0.10% |
| OmniAb Inc. 12.50 Earnout |
2200963D |
68218J202 |
46 |
$0.00 |
0.00% |
| OmniAb Inc. 15.00 Earnout |
2200964D |
68218J301 |
46 |
$0.00 |
0.00% |
| Platinum Spinco Inc |
2626379D |
|
642 |
$0.00 |
0.00% |
Holdings are subject to change.
The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.
|
|
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
|