MMLGFirst Trust Multi-Manager Large Growth ETF
MMLG Fund Description
MMLG is actively managed to invest in US large cap growth stocks. Stock selections are made by two portfolio managers.
MMLG Factset Analytics Insight
MMLG has a multi-manager approach to active investing. Wellington and Sands Capital are selected as the Sub-advisors and allocated 50% each in fund assets. The Russell 1000 Growth Index will be the starting universe for both of the advisors but each will tailor-fit their selection based on their investment styles. Wellington will utilize a fundamental bottom-up analysis to evaluate various factors of quality, valuation, and momentum, including but not limited to evaluation of capital structure, earnings ratios and cash flow ratios, and trend of revenues and earnings revisions. Conversely, Sands Capital will focus on growth and use quantitative and qualitative fundamental research to analyze factors such as sustainable earnings growth, leadership position, competitive advantages, clear mission and value-added focus, financial strength, and valuation. Sands Capital will use conviction-based weighting based on those factors. The two approaches are intended to complement each other.
MMLG MSCI ESG Analytics Insight
First Trust Multi-Manager Large Growth ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.90 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Multi-Manager Large Growth ETF ranks in the 26th percentile within its peer group and in the 5th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
MMLG MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
MMLG Summary Data
MMLG Portfolio Data
MMLG Index Data
MMLG Portfolio Management
MMLG Tax Exposures
MMLG Fund Structure
MMLG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MMLG. MMLG is rated a 5 out of 5.
MMLG Sector/Industry Breakdown
MMLG Top 10 Holdings[View All]
MMLG Economic Development
MMLG Performance Statistics
MMLG MSCI ESG Ratings
MMLG Benchmark Comparison Summary
MMLG Benchmark Comparison Market Cap Size