First Trust TCW ESG Premier Equity ETF

C000226215 Fund Overview

First Trust TCW ESG Premier Equity ETF is a US ETF managed by First Trust Exchange-Traded Fund VIII, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: First Trust Exchange-Traded Fund VIII
• Category: Money Market
• Assets under management: $844.45K
• 1-year return: -20.8%
• SEC CIK: 0001667919
• SEC series ID: S000071293
• Share class ID: C000226215

C000226215 Investment Objective and Strategy

First Trust TCW ESG Premier Equity ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Exchange-Traded Fund VIII.

Investment objective

"The First Trust TCW ESG Premier Equity ETF's (the "" Fund "") investment objective is to seek to provide investors with long-term capital appreciation."

Principal investment strategy

"Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies that meet the Sub-Advisor's environmental, social and governance (ESG) criteria. Although the Fund emphasizes investments in equity securities of large capitalization companies, it may invest in the equity securities of companies of any size. The Fund is actively-managed and intends to achieve its objective by investing primarily in a portfolio of companies that TCW Investment Management Company ( TCW or the Sub-Advisor ) believes are enduring, cash generating businesses whose leaders prudently manage their environmental, social, and financial resources and whose shares are attractively valued relative to the free cash flow generated by the businesses.

The Sub-Advisor believes a focus on environmental, social, and corporate governance ( ESG ) factors can provide competitive advantages for a company, such as avoiding or minimizing environmental liabilities, reducing regulatory risk, improving productivity and morale, reducing turnover, aligning interests of shareholders and management and reducing reputational risk disclosure. To identify companies for inclusion in the portfolio, the Sub-Advisor has developed its own quantitative ESG framework to assess company performance regarding ESG. The Sub-Advisor uses publicly reported company data to assign a proprietary ESG Fundamental Score and ESG Disclosure Score to each company, which indicates how a company is performing relative to its peers regarding ESG factors. The Fundamental Score indicates how each company is performing relative to its peers on a number of publicly reported ESG factors.

The Disclosure Score indicates how much information the company is disclosing, relative to its peers. Some of the factors the Sub-Advisor considers include, but are not limited to, environmental factors, such as greenhouse gas and waste levels, social factors, such as diversity, employee turnover, and level of community spending, and governance factors, such as board composition, board independence, compensation structures and ESG governance. In addition, the Sub-Advisor conducts rigorous fundamental analysis in seeking to identify predictable growth businesses with high barriers to entry that generate consistent free cash flow. The Sub-Advisor uses both qualitative and quantitative screening criteria to supplement its fundamental research and portfolio selection. The Sub-Advisors screening focuses on companies whose shares are trading at prices that are below intrinsic value, as determined by the Sub-Advisor.

When identifying a company for inclusion, the Sub-Advisor reviews, among other things, the business model, the historical performance, the management team and board of directors of a company, and performs a financial analysis to determine whether a company has a low purchase price relative to the free cash flow generation of the enterprise. Portfolio securities may be sold for several reasons, including but not limited to, a deterioration in the underlying fundamentals of the company, a deterioration in the environmental, social and corporate governance performance of the company, another investment security may offer a better investment opportunity or a company has reached its sell target and the investment thesis has played out. As of November 30, 2021, the Fund had significant investments in industrials companies and information technology companies, although this may change from time to time.

To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector. The Fund may invest in securities issued by companies in initial public offerings ( ""IPOs"" ) and it may also invest in securities of special purpose acquisition companies ( ""SPACs"" ). A SPAC is a publicly listed acquisition vehicle, whereby one or more sponsors raise a pool of capital with the special purpose of acquiring a private operating company. Unless and until an acquisition is completed, a SPAC generally invests its assets (less a portion retained to cover expenses) in U.S. government securities, money market securities and cash. If an acquisition that meets the requirements for the SPAC is not completed within a pre-established period, the invested funds are returned to the entitys shareholders.

The Fund is classified as non-diversified under the Investment Company Act of 1940, as amended (the 1940 Act )."

C000226215 Performance

Total returns for C000226215 (as of 2026-10-01), from SEC filings.

C000226215 Risk Information

Risk metrics for C000226215, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 23.7%

C000226215 Costs and Fees

C000226215 costs about $85 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.85%
• Gross expense ratio: 0.85%
• Portfolio turnover: 17%
• Brokerage commissions: 1.51 bps of average net assets (SEC N-CEN)

C000226215 Cashflows

Over the 12 months to 2022-08, First Trust TCW ESG Premier Equity ETF had net inflows of $1.07M, from monthly SEC N-PORT filings.

C000226215 Debt Constituents

No individual debt constituents are reported in First Trust TCW ESG Premier Equity ETF's latest SEC N-PORT filing.

C000226215 Prospectus and SEC Filings

Official First Trust TCW ESG Premier Equity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-12-29
• Prospectus (485BPOS) — filed 2021-05-13
• Portfolio holdings (N-PORT) — filed 2022-10-27
• Portfolio holdings (N-PORT) — filed 2022-07-28
• Portfolio holdings (N-PORT) — filed 2022-04-21
• Annual census (N-CEN) — filed 2022-11-14
• Annual census (N-CEN) — filed 2021-11-12

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.