First Trust International Capital Strength ETF

The fund focuses on fundamental strength and growth by investing mainly in securities of developed markets, excluding the US and Canada, across the broad market-cap spectrum. Investments include common stocks, ADR, GDRs, and EDRs that are traded on global exchanges or markets. The fund uses a multi-step quantitative selection process to identify securities perceived as capital strength issuers. The companies that are screened for cash on hand, return on equity, and long-term debt-to-market value. Securities that meet specified characteristics, trade at attractive valuations and could likely exceed market expectations for future cash flows are selected. As an actively managed fund, the fund can analyze market and financial data to make buy, sell, and hold decisions at their discretion that includes securities lending and investments in other funds, derivatives, and cash and cash equivalents. The fund hedges its USD currency exposure to CAD, while exposure to other foreign currencies will not be hedged back.