First Trust Multi Cap Growth AlphaDEX Fund (FAD US) - Portfolio Construction Methodology

First Trust Multi Cap Growth AlphaDEX Fund (FAD US) – Portfolio Construction MethodologyThe underlying Nasdaq AlphaDEX Multi Cap Growth Index selects U.S. large-, mid-, and small-cap growth stocks from the Nasdaq US 500/600/700 Growth universes using the AlphaDEX process. Securities must pass liquidity screens (five-day ADTV ≥ USD 500k for each of the prior 60 trading days) and only one share class per issuer is used. Within each size segment, securities are ranked on growth (3-, 6-, 12-month price apprecia ...