FGOHZX

About FGOHZX

First Trust Hedged Equity and Growth Opportunity Series 405 is a tender-offer investment fund designed to provide access to market-leading, disruptive, and potentially high-growth companies, primarily through exposure to growth equity and venture capital assets. The fund strategically commits capital across diversified private investments, including both fund commitments and direct co-investments, ensuring a broad sector reach and varying investment stages—ranging from early-stage ventures to companies nearing IPO. Its unique structure is tailored to mitigate the common 'J-curve' effect in private equity by offering immediate diversified exposure to already-deployed underlying investments. This design enables accredited investors to participate in institutional-quality private equity opportunities, which are traditionally less accessible, with simplified subscription processes and no capital calls. The fund’s objectives emphasize strong risk-adjusted returns and diversification, while maintaining a relatively low or moderate correlation to public equity indices, and streamlining the administrative burden typically associated with private market investments.