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Annual Fund Operating Expenses - First Trust Multi Cap Growth AlphaDEX Fund - First Trust Multi Cap Growth AlphaDEX Fund
Dec. 01, 2021
Operating Expenses:  
Management Fees 0.50%
Distribution and Service (12b-1) Fees none
Other Expenses 0.13%
Total Annual Fund Operating Expenses 0.63%
Fee Waiver and Expense Reimbursement none [1]
Net Annual Fund Operating Expenses 0.63%
[1] First Trust Advisors L.P., the Fund’s investment advisor, has agreed to waive fees and/or reimburse Fund expenses to the extent that the operating expenses of the Fund (excluding interest expense, brokerage commissions and other trading expenses, taxes and extraordinary expenses) exceed 0.70% of its average daily net assets (the “Expense Cap”) at least through November 30, 2022. Expenses reimbursed and fees waived under such agreement are subject to recovery by the Fund’s investment advisor for up to three years from the date the fee was waived or expense was incurred, but no reimbursement payment will be made by the Fund if it results in the Fund exceeding (i) the applicable expense limitation in place for the most recent fiscal year for which such expense limitation was in place, (ii) the applicable expense limitation in place at the time the fees were waived, or (iii) the current expense limitation. The agreement may be terminated by the Trust, on behalf of the Fund, at any time and by the Fund’s investment advisor only after November 30, 2022 upon 60 days’ written notice.