| Investment Objective: |
The First Trust International Developed Capital Strength ETF seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called The International Developed Capital Strength Index. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts ("REITs") that comprise The International Developed Capital Strength Index. The Index seeks to provide exposure to well-capitalized companies in the developed markets outside of the U.S. with strong market positions that have the potential to provide their stockholders with a greater degree of stability and performance over time.The Index Provider classifies a country as developed based on quantitative criteria including: (1) having at least $20 thousand gross national income per capita for three consecutive years; (2) having at least a $30 billion market capitalization; (3)having at least a $10 billion annual turnover; (4) having at least a 45% float ratio; and (5) having at least ten securities that meet allthe eligibility requirements for the NASDAQ Global Index. |
