The First Trust Active Factor Small Cap ETF aims to achieve long-term capital growth for its investors. Under typical market conditions, a minimum of 80% of its total assets (including any borrowed capital) will be invested in shares of U.S.-listed small-capitalization companies. This fund is actively managed, primarily employing a systematic, multi-factor quantitative approach, alongside proactive risk management, to build a portfolio that reflects exposure to one or more specific investment characteristics. The current methodology may consider factors such as value, momentum, quality, and low volatility.
