First Trust Nasdaq-100 Select Equal Weight ETF QQEW Strategy

The investment seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called Nasdaq-100 Select Equal WeightTM Index. The fund will normally invest at least 80% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to track the performance of the fifty companies from the Nasdaq-100 Index ® with the highest combined quality and growth scores.