What is MMSC?

MMSC is an actively managed ETF that utilizes a multi-manager approach to provide exposure to small-cap US growth stocks.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MMSC 4.41% 6.29% 4.10% -13.05% -- -- --
MMSC (NAV) 3.57% 6.49% 4.18% -13.06% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Small Cap Growth Index 7.81% 12.08% 6.97% -8.26% 5.07% 7.18% 11.26%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MMSC Factset Analytics Insight

MMSC invests in small-cap US growth stocks while using a multi-manager approach. The fund expects to benefit from complementing investment strategies of different asset management firms. First Trust, the advisor, selects managers with consistent track record of success and have investment strategies focused on long-term outlook. Each manager or sub-advisor provides independent recommendations regarding selection and allocation of securities, respective to their portion of assets. The advisor may recommend the addition or removal of managers, as well as changes to the allocation of assets. Given the different styles of each sub-advisor, the allocation of assets within the portfolio is periodically rebalanced equally to maintain exposure to each manager’s strategy. As an actively managed fund, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion.

MMSC Summary Data

First Trust
10/13/21
0.95%
$2.27M
No Underlying Index
MSCI USA Small Cap Growth Index
Open-Ended Fund

Peers

MSCI USA Small Cap Growth Index

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

MMSC Portfolio Data

$4.90B
46.65
4.21
--
N/A
194

MMSC Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Small Cap Growth Index

MMSC Portfolio Management

0.95%
--
--
--

MMSC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MMSC Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
High
Daily

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of MMSC. MMSC is rated a N/A out of 5.

MMSC Tradability

433
$6.27K
120
$1.84K
0.31%
$0.05
0.04%
0.21% / -1.39%
None
100.00%
--
--
--
0.14%
0
$14.94
N/A

MMSC Sector/Industry Breakdown

MMSC Segment
Benchmark
15.72% --
14.43% --
14.15% --
9.10% --
7.99% --
6.69% --
5.46% --
4.28% --
3.74% --
3.51% --

MMSC Top 10 Holdings

2.66%
1.37%
15.33%

MMSC Performance Statistics

0.97
0.99
0.97
1.01
0.34%
MSCI USA Small Cap Growth Index

MMSC Countries

MMSC Segment
Benchmark
95.69% 100.00%
0.94% --

MMSC Regions

MMSC Segment
Benchmark
96.63% 100.00%

MMSC Economic Development

MMSC Segment
Benchmark
96.63% 100.00%
0.00% 0.00%

MMSC Benchmark Comparison Holdings

194
1200
139
22.66%

MMSC Benchmark Comparison Summary

MMSC Segment
Benchmark
194 1200
$4.90B $5.19B
46.65 36.84
4.21 3.59
0.22% 0.43%
Low Low

MMSC Benchmark Comparison Market Cap Size

MMSC Segment
Benchmark
4.25% 1.11%
68.94% 74.05%
21.81% 22.72%
1.53% 2.11%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.