The First Trust Multi-Manager Large Growth ETF (MMLG) aims to deliver significant capital appreciation for investors over the long term. Under typical market conditions, the fund allocates at least 80% of its total assets (which includes any borrowed funds) to equity holdings in large-capitalization corporations. The definition of a "large-cap" company for this fund aligns with businesses whose market value falls within the range of those found in the Russell 1000 Growth Index, referencing its most recent adjustment.