First Trust Growth Strength Portfolio
Data updated: 2026-08-21
C000241974 — First Trust Growth Strength Portfolio. United States Large Cap Growth Equity · $43.12M AUM. Holdings, fees, performance and SEC filings.
C000241974 Fund Overview
First Trust Growth Strength Portfolio is a US mutual fund managed by First Trust Variable Insurance Trust, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: First Trust Variable Insurance Trust
- Category: United States Large Cap Growth Equity
- Assets under management: $43.12M
- 1-year return: 7.5%
- SEC CIK: 0001537395
- SEC series ID: S000080224
- Share class ID: C000241974
C000241974 Investment Objective and Strategy
First Trust Growth Strength Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Variable Insurance Trust.
Investment objective
"The First Trust Growth Strength TM Portfolio (the "" Fund"" ) seeks to provide long-term capital appreciation."
Principal investment strategy
"Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise The Growth Strength TM Index (the Index ). The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the total return performance of the Index, which includes dividends paid by the common stocks in the Index. The Fund will generally employ a full replication strategy, meaning that it will normally invest in all of the securities comprising the Index in proportion to their weightings in the Index. The Index is developed, maintained and sponsored by Nasdaq, Inc. (the Index Provider ). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity.
According to the Index Provider, the Index seeks to provide exposure to well-capitalized companies with strong market positions. The companies are screened for strong balance sheets, a high degree of liquidity, the ability to generate earnings and cash flow growth and a record of financial strength and profit growth. The Index is composed of 50 securities selected by the Index Provider objectively based on cash on hand, debt ratios and revenue and cash flow growth. The Indexs initial selection universe is composed of all the securities comprising the Nasdaq US Benchmark TM Index. The Index then excludes all securities that do not meet the size and liquidity requirements of the Index and duplicate (multiple share classes) companies. Securities from the same issuer will be subject to conditions controlled by the Index Provider to determine Index eligibility.
To be eligible for inclusion in the Index, a security must have at least $1 billion in cash and short-term investments, after removing restricted cash, have a long-term debt to market capitalization ratio less than 30%, have a positive shareholder equity and have a return on equity greater than 15%. A security must also have positive cash flow and revenue figures three years prior to be eligible for inclusion in the Index. The eligible securities are then ranked by their three-year revenue percentage growth and three-year cash flow percentage growth. Those rankings are then combined equally and securities ranked outside the lowest 15 by combined rank within each Industry, as determined by the Industry Classification Benchmark ("" ICB ""), are excluded. In the event that multiple securities share the fifteenth-lowest combined rank, only the security among them with the highest free float market capitalization may be selected.
The 50 securities with the lowest combined ranks are chosen for inclusion in the Index. In the case of ties in combined ranks, the security with the highest free float market capitalization is chosen for inclusion in the Index. Once finalized, each security is equally-weighted. The Fund may invest in real estate investment trusts ( ""REITs"" ). The Index is rebalanced and reconstituted quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Indexs quarterly rebalance and reconstitution schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of March 2, 2026, the Index was composed of 50 securities.
As of March 2, 2026, the Index had a market capitalization range between $ 10.95 billion and $4.43 trillion. As of March 2, 2026, the Fund had significant investments in information technology companies , although this may change from time to time. The Fund's investments will change as the Index changes, and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of March 2, 2026. 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 is classified as non-diversified under the Investment Company Act of 1940, as amended (the 1940 Act )."
C000241974 Holdings
Top 10 holdings of First Trust Growth Strength Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Palo Alto Networks, Inc. | 3.96% |
| Fortinet, Inc. | 3.66% |
| Eli Lilly & Company | 2.52% |
| Neurocrine Biosciences, Inc. | 2.46% |
| Monster Beverage Corp. | 2.44% |
| Cadence Design Systems, Inc. | 2.35% |
| Amphenol Corp. | 2.27% |
| Incyte Corp. | 2.26% |
| Cummins, Inc. | 2.21% |
| Cincinnati Financial Corp. | 2.16% |
C000241974 Portfolio Allocation
Asset-class allocation of First Trust Growth Strength Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.1% |
| Cash & Equivalents | 1.9% |
C000241974 Performance
Total returns for C000241974 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.3% |
| 1 year | 7.5% |
| 3 years (annualised) | 15.5% |
C000241974 Risk Information
Risk metrics for C000241974, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.6%
C000241974 Costs and Fees
C000241974 costs about $120 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.20%
- Gross expense ratio: 1.54%
- Portfolio turnover: 113%
- Brokerage commissions: 2.00 bps of average net assets (SEC N-CEN)
C000241974 Cashflows
Over the 12 months to 2026-06, First Trust Growth Strength Portfolio had net inflows of $14.35M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $437.79K |
| 2026-05 | −$438.77K |
| 2026-04 | $639.00K |
| 2026-03 | $1.10M |
| 2026-02 | $1.92M |
| 2026-01 | $988.72K |
C000241974 Debt Constituents
No individual debt constituents are reported in First Trust Growth Strength Portfolio's latest SEC N-PORT filing.
C000241974 Prospectus and SEC Filings
Official First Trust Growth Strength Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus supplement (497) — filed 2024-05-01
- Portfolio holdings (N-PORT) — filed 2026-08-21
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large Cap Growth Equity funds tracked on ABC INVEST:
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.