FIRST TRUST STRATEGIC VALUE INDEX FUND (BASED ON THE CREDIT SUISSE US VALUE INDEX POWERED BY HOLT)
Sector: ETF All
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The investment seeks results that correspond generally to the price and yield, before fees and expenses of the Deutsche Bank CROCI US+ index.
The fund normally invests at least 90% of total assets in common stocks that comprise the index. The index identifies companies that may be undervalued based up their economic price/earnings ratios. It is an equal dollar weighted index which is intended to reflect the total return performance of the 40 stocks in the selection pool with the lowest positive CROCI Economic Price Earnings Ratios. The fund is nondiversified.