First Trust Active Factor Mid Cap ETF

First Trust Active Factor Mid Cap ETF is an exchange-traded fund that seeks to provide investors with long-term capital appreciation and portfolio diversification. Unlike traditional passive index-tracking ETFs, this fund utilizes an active management approach to select mid-cap companies across various sectors. Its investment strategy is centered on "factor-based" investing, focusing on factors like value, momentum, and volatility to identify stocks with potential for superior risk-adjusted returns. This active strategy aims to outperform standard mid-cap benchmarks by dynamically adjusting holdings based on market conditions and factor performance. The fund's role in the financial market is to offer exposure to a diversified range of mid-cap equities, which typically represent growth potential coupled with lower risk than small-cap stocks. Through its dynamic factor-based approach, it caters to investors looking for mid-cap exposure with the added potential benefits of active management. By capturing the essence of factor investing, First Trust Active Factor Mid Cap ETF provides a unique opportunity for portfolio differentiation in a competitive financial landscape.