New Sabrient Forward Looking Value UIT Launched 

7th in the Forward Looking Value Series

Santa Barbara, CA – July 1, 2019: The seventh portfolio in the Sabrient Forward Looking Value UIT Series (FNOWLLX) was launched on July 1, 2019. The portfolio will terminate on October 7, 2020.

This 35-stock portfolio – with a strategy developed by Sabrient and licensed to First Trust Portfolios -- seeks companies that are positioned to perform well in the near future by "looking forward" at anticipated earnings over the next few years. The stocks have been selected as top performers within their sector or industry in both price performance and value.

The stocks in this portfolio are selected from a universe of stocks restricted, first, by certain market cap and liquidity conditions; that universe is further reduced by stocks with overly aggressive accounting, as determined by Sabrient Earnings Quality Rank (EQR). Sabrient uses proprietary factors to rank the remaining stocks by their GARP scores – Growth at a Reasonable Price – and to determine the analysts’ confidence in their forward estimates.  Next, the exponential growth rate and volatility of each stock is calculated, and each stock is ranked on this factor within its sector. The final portfolio of 25 to 35 stocks is selected in this remaining universe, within certain sector and industry restrictions.

The Forward Looking Value Series was originally launched in June 2013, with an annual portfolio each year thereafter. For a prospectus, fact sheet, and performance tracking, please visit the First Trust website at and enter the ticker FNOWLX.


Sabrient Systems is an independent investment research firm offering both quantitative and qualitative research. Sabrient uses a fundamentals-based, quantitative approach to build powerful investment strategies for the creation of stock indices (tracked by ETFs), unit investment trusts (UITs), and other types of investable products for portfolio managers and fund sponsors. These strategies are also used to create rankings and ratings on more than 5,000 equities, resulting in investor products for retail customers of brokerage firms, professional advisors, and private wealth managers. Sabrient’s subsidiary Gradient Analytics, acquired in 2011, offers expertise in financial analysis, forensic accounting, and executive behavior. Sabrient is based in Santa Barbara, California.

# # #