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Investment Objective/Strategy - The First Trust AQA® Equity Fund seeks capital appreciation by investing, under normal market conditions, at least 80% of its net assets (including investment borrowings) in equity securities (specifically, common stocks) of U.S. companies.
There can be no assurance that the Fund's investment objectives will be achieved. The Fund may not be appropriate for all investors.
Ticker | AQAAX |
Fund Type | All-Cap Value |
Investment Advisor | First Trust Advisors L.P. |
Portfolio Manager/Sub-Advisor | J.J.B. Hilliard, W.L. Lyons, LLC |
CUSIP | 33738F866 |
Share Class | Class A |
Fiscal Year-End | 10/31 |
Inception Date | 11/10/2015 |
Minimum Investment Amount | $2,500 |
Minimum Subsequent Investment Amount | $50 |
Maximum Initial Sales Charge | 5.50% |
Gross Expense Ratio* | 1.91% |
Net Expense Ratio* | 1.60% |
* As of 7/2/2018
Pursuant to contract, First Trust has agreed to waive fees and/or pay fund expenses to prevent the net expense ratio of any class of shares of the fund from exceeding 1.35% per year, excluding 12b-1 distribution and service fees, acquired fund fees and expenses and certain other expenses as described in the prospectus, through 2/28/2019, and to not exceed 1.70% per year from 3/01/2019 through 2/28/2028. Net expense ratio shown above includes 12b-1 service fees, acquired fund fees and certain other expenses as described in the prospectus.
Net Asset Value1 | $24.62 |
Total Net Assets | $47,055,923 |
Outstanding Shares | 1,060,100 |
NAV 52-Week High/Low | $30.96 / $19.88 |
Holding |
Percent |
ABIOMED, Inc. |
6.32% |
MSCI, Inc. |
4.20% |
Trex Co., Inc. |
4.09% |
BJ's Restaurants, Inc. |
4.04% |
Ciena Corp. |
3.74% |
HCA Healthcare, Inc. |
3.68% |
Hologic, Inc. |
3.22% |
Masimo Corp. |
3.20% |
Steven Madden Ltd. |
3.16% |
Cognex Corp. |
3.12% |
Maximum Market Cap. | $475,732 |
Median Market Cap. | $4,407 |
Minimum Market Cap. | $344 |
Price/Earnings | 14.17 |
Price/Book | 3.19 |
Price/Cash Flow | 10.62 |
Price/Sales | 1.63 |
Past performance is not indicative of future results.
Industry |
Percent |
Health Care Equipment & Supplies |
12.73% |
Hotels, Restaurants & Leisure |
12.41% |
Semiconductors & Semiconductor Equipment |
9.90% |
Capital Markets |
7.91% |
Electronic Equipment, Instruments & Components |
5.37% |
Communications Equipment |
4.23% |
Building Products |
4.09% |
Construction & Engineering |
4.09% |
Textiles, Apparel & Luxury Goods |
3.77% |
Health Care Providers & Services |
3.68% |
Paper & Forest Products |
3.17% |
Leisure Products |
2.98% |
Diversified Telecommunication |
2.83% |
IT Services |
2.80% |
Software |
2.60% |
Airlines |
2.47% |
Biotechnology |
2.35% |
Road & Rail |
2.20% |
Internet Software & Services |
2.14% |
Machinery |
1.93% |
Pharmaceuticals |
1.78% |
Tobacco |
1.71% |
Thrifts & Mortgage Finance |
1.54% |
Household Durables |
1.32% |
Russell 3000® Value Index - The Index is an unmanaged index comprised of companies in the Russell 3000® Index with lower price-to-book values and lower forecasted growth rates. Russell 3000® Index - The Index is comprised of the 3000 largest and most liquid stocks based and traded in the U.S.
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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 and the Internal Revenue Code. First Trust has no knowledge of and has not been provided any information regarding any investor. Financial advisors must determine whether particular investments are appropriate for their clients. First Trust believes the financial advisor is a fiduciary, is capable of evaluating investment risks independently and is responsible for exercising independent judgment with respect to its retirement plan clients.
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