First Trust Large Cap Growth AlphaDEX Fund

First Trust Large Cap Growth AlphaDEX Fund is an exchange-traded fund that seeks to track the Nasdaq AlphaDEX Large Cap Growth Index. It uses a rules-based, factor-oriented selection process to build a diversified portfolio of large-cap U.S. growth companies, aiming to capture growth characteristics across multiple sectors rather than concentrating on a single industry. The fund typically invests the vast majority of its assets in the securities that make up its benchmark index, giving investors broad exposure to established companies with growth-oriented profiles. First Trust Large Cap Growth AlphaDEX Fund plays a role in the U.S. equity market as a systematic large-cap growth vehicle for accessing a diversified basket of stocks through a single fund.