| Investment Objective: |
The First Trust Dorsey Wright DALI 1 ETF seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the Nasdaq DorseyWright DALI 1 Index (the "Index"). The Nasdaq Dorsey Wright DALI 1 Index is designed to provide exposure to the asset class that Dorsey, Wright & Associates (DWA) believes may outperform using their Dynamic Asset Level Investing (DALI) process. The Nasdaq Dorsey Wright DALI1 Index is a rules-based, quantitatively enabled index which is designed to catch the long-term trends of both the market and strong asset classes when the overall environment is bullish and supportive of higher prices. |
