NYSE | ETF
DELISTED - The Fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index.
The Fund, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the Index.
First Trust seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation.
The Index is developed, maintained and sponsored by Value Line(R) Publishing, Inc. ("Value Line(R)").
The Index is designed to objectively identify and select those stocks from the Value Line(R) 1700 universe of stocks across market capitalizations and investment styles for growth and value that appear to have the greatest potential for capital appreciation.
The Index is a modified equal-dollar weighted index comprised ofU. S. exchange-listed securities of companies with capital appreciation potential.
The inception date of the Index was May 1, 2006.
On March 31, 2014, there were 95 securities that comprised the Index.
The Index includes the securities of small and mid cap companies.