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FEX - Fall 2020 Investor Letter: Market Strength Continues
First Trust Large Cap Core AlphaDEX Fund
Despite a 3.80% decline in September, the S&P 500 Index was up a solid 8.93% for the third quarter.
This near double-digit return in the third quarter is on the back of the second quarter’s return of 20.54%.
Our Fall 2020 Investor Letter contains additional commentary on equity market returns in presidential election years along with our thoughts on the current state of the economy.