First Trust Funds

    139

    Funds Group: First Trust Funds

    Management Company: First Trust Advisors L.P.

    Funds Affected:  (1) First Trust Global Wind Energy Index ETF, (2) First Trust NASDAQ Clean Edge Green Energy ETF, (3) First Trust NASDAQ Clean Edge Smart Grid Infrastructure ETF

    Principal Sustainable Investment Strategy: Thematic Investing

    Summary:

    (1) The fund seeks to replicate the investment performance results of the ISE Clean Edge Global Wind Energy Index. The index tracks a universe of companies that are identified as providing goods and services exclusively to the wind energy industry and are given an aggregate weight of 66.67% of the index. Those companies determined to be significant participants in the wind energy industry despite not being exclusive to such industry are given an aggregate weight of 33.33% of the index. This weighting is intended to ensure that companies that are exclusive to the wind energy industry, which generally have smaller market capitalizations relative to their multi-industry counterparts, are adequately represented in the index. The component company must be actively engaged in some aspect of the wind energy industry such as the development or management of a wind farm, the production or distribution of electricity generated by wind power, involvement in the design, manufacture or distribution of machinery or materials designed specifically for the wind energy industry.

    (2) The fund seeks to replicate the investment performance results of the First Trust NASDAQ lean Edge Green Energy Index that is designed to track the performance of clean energy companies that are publicly traded in the United States and includes companies engaged in manufacturing, development, distribution and installation of emerging clean-energy technologies including, but not limited to, solar photovoltaics, biofuels and advanced batteries.

    (3) The funds seeks to replicate the investment performance results of the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index. The index is designed to track the performance of common stocks in the grid and electric energy infrastructure sector. The index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector.