First Trust Mid Cap Growth AlphaDEX Fund

First Trust Mid Cap Growth AlphaDEX Fund is an exchange-traded fund that seeks to track the Nasdaq AlphaDEX Mid Cap Growth Index. It focuses on U.S. mid-cap growth companies selected through the AlphaDEX methodology, which uses screening factors to identify stocks with growth characteristics and then applies a tiered weighting approach. The fund is designed to provide diversified exposure across a broad range of sectors and typically holds a sizable basket of stocks drawn from the mid-cap segment of the market. Managed by First Trust Advisors, First Trust Mid Cap Growth AlphaDEX Fund is used by investors seeking systematic access to mid-sized companies with growth-oriented profiles within the U.S. equity market.