FXG | First Trust Consumer Staples AlphaDEX Fund

FXG ISSUER

First Trust Advisors L.P., as the issuer of FXG, prioritizes replicating the performance of its designated index, investing primarily in securities that form part of the Index, comprising the StrataQuant® Series developed by ICE Data Indices, LLC or its affiliates. This approach seeks to mirror the Index's performance before fees and expenses. The Index, focusing on the consumer staples sector, employs the AlphaDEX® selection methodology to identify stocks from the Russell 1000® Index that potentially offer positive alpha relative to traditional passive-style indices. With a quarterly rebalance and reconstitution schedule, the Fund adjusts its portfolio accordingly. As of October 31, 2023, the Index consisted of 40 securities, with a market capitalization range from $2.8 billion to $353.6 billion, and the Fund had notable investments in consumer staples companies. However, the Fund's investments may evolve over time, potentially leading to significant exposure to different jurisdictions or sectors, subjecting it to associated risks.

FXG DIVIDEND

FXG Dividend, managed by First Trust Advisors L.P., is designed to provide investors with exposure to dividend-paying stocks within the consumer staples sector. With an investment strategy aiming to replicate the performance of its underlying index, FXG Dividend typically invests at least 90% of its net assets in securities included in the Index. This index, part of the StrataQuant® Series developed by ICE Data Indices, LLC or its affiliates, employs the AlphaDEX® selection methodology to identify stocks from the Russell 1000® Index that may offer potential alpha relative to traditional passive-style indices. The Fund's portfolio undergoes quarterly rebalancing and reconstitution to align with changes in the Index, potentially leading to a higher rate of portfolio turnover. As of October 31, 2023, the Index comprised 40 securities, spanning a market capitalization range from $2.8 billion to $353.6 billion, reflecting the Fund's focus on dividend-paying companies within the consumer staples sector. However, the Fund's investments may evolve over time, potentially exposing investors to various risks associated with different jurisdictions or investment sectors.

FXG TRACKING

FXG Tracking, managed by First Trust Advisors L.P., is crafted to closely track the performance of its underlying index, focusing on the consumer staples sector. The fund typically invests at least 90% of its net assets in securities comprising the Index, utilizing an indexing investment approach to replicate its performance before fees and expenses. The Index, forming part of the StrataQuant® Series developed by ICE Data Indices, LLC or its affiliates, employs a modified equal-dollar weighted methodology to objectively select stocks from the Russell 1000® Index. This selection process aims to identify securities that may generate positive alpha relative to traditional passive-style indices, utilizing the AlphaDEX® selection methodology. With quarterly rebalancing and reconstitution, FXG Tracking adjusts its portfolio to mirror changes in the Index, potentially leading to a higher portfolio turnover rate. As of October 31, 2023, the Index consisted of 40 securities, spanning a market capitalization range from $2.8 billion to $353.6 billion, reflecting the fund's commitment to closely tracking the performance of the consumer staples sector. However, investors should be aware that the fund's investments may evolve over time, potentially exposing them to various risks associated with different jurisdictions or investment sectors.

FXG CORRELATION

FXG Correlation, managed by First Trust Advisors L.P., is structured to seek correlation with the performance of its underlying index, which focuses on the consumer staples sector. The fund typically invests at least 90% of its net assets in securities that comprise the Index, utilizing an investment strategy aimed at achieving a high level of correlation with its benchmark before fees and expenses. The Index, belonging to the StrataQuant® Series developed by ICE Data Indices, LLC or its affiliates, employs a modified equal-dollar weighted methodology to select stocks from the Russell 1000® Index using the AlphaDEX® selection methodology. Through this approach, FXG Correlation aims to closely correlate with the performance of the consumer staples sector, adjusting its portfolio through quarterly rebalancing and reconstitution to reflect changes in the Index. As of October 31, 2023, the Index comprised 40 securities, with a market capitalization range from $2.8 billion to $353.6 billion, reflecting the fund's focus on maintaining correlation with the consumer staples sector. However, investors should note that while the fund seeks to correlate closely with its benchmark, there may be periods of divergence due to various factors, including market conditions and the fund's investment approach.

FXG SECTOR

FXG Sector, managed by First Trust Advisors L.P., is tailored to provide exposure to the consumer staples sector. The fund typically invests at least 90% of its net assets in securities that form part of its underlying index, which is specifically designed to focus on the consumer staples sector. Utilizing an indexing investment approach, FXG Sector seeks to replicate the performance of its benchmark before fees and expenses. The Index, belonging to the StrataQuant® Series developed by ICE Data Indices, LLC or its affiliates, employs a modified equal-dollar weighted methodology to select stocks from the Russell 1000® Index, utilizing the AlphaDEX® selection methodology. Through this strategy, the fund aims to capture the performance of the consumer staples sector, adjusting its portfolio through quarterly rebalancing and reconstitution to reflect changes in the Index. As of October 31, 2023, the Index consisted of 40 securities, with market capitalization ranging from $2.8 billion to $353.6 billion, reflecting the fund's focused exposure to the consumer staples sector. Investors should be aware that while FXG Sector aims to track the consumer staples sector closely, fluctuations in market conditions and the fund's investment approach may lead to deviations from its benchmark.

FXG EXPOSURE

FXG Exposure, managed by First Trust Advisors L.P., is structured to offer investors exposure to the consumer staples sector. The fund typically invests at least 90% of its net assets in securities that comprise its underlying index, which is meticulously designed to focus on the consumer staples sector. Utilizing an indexing investment approach, FXG Exposure aims to replicate the performance of its benchmark before fees and expenses. The Index, part of the StrataQuant® Series developed by ICE Data Indices, LLC or its affiliates, utilizes a modified equal-dollar weighted methodology to select stocks from the Russell 1000® Index using the AlphaDEX® selection methodology. This strategy enables the fund to capture the performance of the consumer staples sector, with its portfolio adjusted quarterly to reflect changes in the Index. As of October 31, 2023, the Index comprised 40 securities, with market capitalization ranging from $2.8 billion to $353.6 billion, showcasing the fund's focused exposure to the consumer staples sector. However, investors should note that while FXG Exposure aims to track the consumer staples sector closely, variations in market conditions and the fund's investment approach may lead to deviations from its benchmark.