First Trust/Confluence Small Cap Value Fund

Scorecard
3 / 5 Stars
Lipper
1 1 4 1 4
Zacks Investment Research
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Standard & Poor's
2 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 219 Small Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 19.11 percent over the past year, and 11.73 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 4.1%
1 Year 19.1%
3 Years (Annualized) 11.7%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide long-term capital appreciation. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of net assets (including investment borrowings) in equity securities of U.S. listed companies with small market capitalizations ("Small-Cap Companies") at the time of investment. Currently, a company is considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 Index or the S&P SmallCap 600 Index during the most recent 12-month period (based on month-end data).

Fees

Fees are Above Average compared to funds in the same category.
First Trust/Confluence Small Cap Value Fund has an expense ratio of 1.85 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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