| Investment Objective: |
The First Trust Bloomberg Nuclear Power ETF (the "Fund") seeks investment results that correspond generally to the price and yield of the Bloomberg Nuclear Power Index (the "Index"). The Index is constructed to track the performance of companies that are exposed to nuclear power utilizing data from Bloomberg Intelligence ("BI"). Of the companies comprising the Nuclear Power ecosystem, the Index selects up to the top 50 companies based on a combination of the Revenue Assessment and market capitalization. The Index's starting universe consists of all the securities comprising the Bloomberg World Aggregate Universe, which is a comprehensive suite of benchmark indices tracking the top 99% of the available free float market capitalization in 47 developed and emerging market countries. The index includes the companies that are regulated utilities and merchant-power producers that operate nuclear-generation assets, and companies involved in mining and enrichment of uranium for use in nuclear fuel along with companies engaged in engineering or construction services for nuclear power plants, reactor manufacturing, managing nuclear waste, or providing other equipment or services for nuclear power generation. The index uses a modified market capitalization weighting approach. |
