FT EURO GRW STR UCITS ETF
| Issuer: First Trust |
| Asset Class: Equity |
| TER: 30bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 11 Dec 2025 |
| Ticker: FTES |
| ISIN: IE0009F7UB30 |
The fund aims to provide returns that correspond to the performance of the EURO STOXX Growth Stars Index. It invests in a portfolio of equity securities from companies in the Eurozone that exhibit strong growth characteristics. This is achieved through a full physical replication strategy, meaning the fund holds all the constituent stocks of the index in their respective weights. The strategy is designed for investors seeking targeted exposure to the growth segment of the European equity market, focusing on companies with high growth potential as identified by the index methodology.
The underlying benchmark selects companies based on a multi-factor model that screens for growth criteria. Specifically, it looks for companies with a high percentage of sales growth over the past three and one years, and a high earnings-per-share growth forecast for the next twelve months. This results in a portfolio concentrated in companies expected to outperform in terms of revenue and profit expansion. The index methodology also incorporates sustainability considerations, applying exclusions based on certain ESG criteria, which aligns the portfolio with the values of socially responsible investors while pursuing its primary growth objective.
The resulting portfolio provides diversified exposure across various sectors within the Eurozone, though it may have a tilt towards industries with higher growth dynamics, such as technology and consumer discretionary. By focusing on a 'growth stars' concept, the investment is suitable for those with a longer-term investment horizon who are comfortable with the volatility associated with growth-oriented equities. The accumulating share class structure means that any dividends received from the underlying holdings are automatically reinvested back into the fund, fostering the potential for compound growth over time.
