| Investment Objective: |
The First Trust Indxx Quality Precious Metals Miners ETF seeks investment results that correspond generally to the price and yield of an index called the Indxx Quality Precious Metals Miners Index (the "Index"). The Index is owned and is developed, maintained and sponsored by Indxx, Inc. (the "Index Provider"). The Index is a modified market capitalization weighted index designed to track the performance of companies with a "Precious Metals Miners" theme, which it describes as companies primarily engaged in the extraction, production and refinement of precious metals, including gold, silver, platinum, palladium, rhodium, iridium and osmium (each such metal a "Precious Metal" or, collectively, "Precious Metals"), widely used in jewelry, electronics, automotive catalysts (emissions-control components that utilize certain Precious Metals to convert toxic exhaust gases into less harmful emissions) and as stores of value ("Precious Metals Miners Companies"). According to the Index Provider, for a company's security to be eligible for inclusion in the Index, it must: (i) belong to an industry that the Index Provider determines is primarily or tangentially engaged in the extraction, production or refinement of Precious Metals. |
