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FT Raymond James Multicap Growth Equity ETF seeks to provide long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of equity securities. The fund seeks to achieve its objective by investing in a portfolio of U.S.-listed equity securities, including common stocks and real estate investment trusts ("REITs") that exhibit growth characteristics and are rated "Strong Buy" or "Outperform" by a model developed and overseen by the fund's non-discretionary investment sub-advisor, Raymond James & Associates, Inc. The fund is non-diversified. |
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