1The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for retirement and health
benefit plans in private industry. Before ERISA was enacted by Congress, employees were not protected under any law and many of them retired
or were discharged without benefits. There were many years of different questionable practices by certain pension plans prior to the passing
of ERISA in 1974.
Plan sponsors and participants should consider each Fund's investment objective, risks, charges and expenses carefully before investing. Contact
your financial advisor, visit www.ftportfolios.com, or call First Trust Portfolios L.P. at 877-937-4015
to request an Information Statement, which contains this and other information about the Funds. Read it carefully before you invest.
Not FDIC Insured Not Bank Guaranteed May Lose Value