First Trust Dow Jones Select MicroCap Index Fund

First Trust Dow Jones Select MicroCap Index Fund is an exchange-traded fund that seeks to mirror the performance of the Dow Jones Select MicroCap Index by investing primarily in U.S.-listed micro-cap companies. The fund follows a passive, index-based approach and typically holds a broadly diversified portfolio of small public companies that meet screens for liquidity and fundamental quality. Its portfolio spans multiple sectors, including industrials, financials, consumer discretionary, energy, healthcare, and technology, giving investors exposure to a wide cross-section of the U.S. micro-cap market. Managed by First Trust Advisors, the fund is designed to provide targeted access to the lower end of the equity market where company sizes are smaller and trading liquidity can be more limited. First Trust Dow Jones Select MicroCap Index Fund plays a role in portfolios seeking systematic exposure to micro-cap equities through a single, rules-based fund structure.