First Trust Dow Jones Global Select Dividend Index Fund (FGD)

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	Fact Sheet
	Summary Prospectus
	Monthly Performance Report

Fund Summary

2019 Estimated Capital Gain Distributions
Certain First Trust Exchange-Traded Funds are expected to pay a short term and/or long-term capital gain distribution in December. For a list of exchange-traded funds expected to pay a capital gain distribution, please click here. Final determination of the source and tax status of all distributions paid in the current year are to be made after year-end and could differ from the expectations noted above.

Investment Objective/Strategy - First Trust Dow Jones Global Select Dividend Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Dow Jones Global Select Dividend Index.

There can be no assurance that the Fund's investment objectives will be achieved.

The Index universe is defined as all component companies of the 25 developed-market country indexes in the Dow Jones Global Indexes (DJGI) family.
To be considered for the Index, companies in the Index universe must pass eligibility screens for dividend quality and liquidity.The company must:
- Pay a current dividend.
- Have a current-year dividend-per-share ratio that is greater than or equal to its five-year average annual dividend-per-share ratio.
- Have a five-year average payout ratio of less than or equal to 60% for U.S. and European companies; or less than or equal to 80% for all other countries.
- Have a minimum three-month daily average trading volume of $3 million.
Stocks meeting all eligibility requirements are ranked by dividend yield.
The top 100 highest-yielding stocks are selected for inclusion in the Index, subject to buffers designed to limit turnover by favoring current Index components:
- Stocks in the Index universe are ranked in descending order by indicated annual dividend yield, defined as a stock's unadjusted indicated annual dividend (not including any special dividends) divided by its unadjusted price.
- All current Index component stocks that are among the top 150 stocks are included in the Index.
- Noncomponent stocks are added to the Index based on their rankings until the component count reaches 100.
- Component weightings are assigned based on dividend yield. Weights of individual component stocks are capped at 10%.
The Index is reconstituted and adjusted annually in March.

Fund Overview

Ticker	FGD
Fund Type	Global Equity Income
Investment Advisor	First Trust Advisors L.P.
Investor Servicing Agent	Bank of New York Mellon
CUSIP	33734X200
ISIN	US33734X2009
Intraday NAV	FGDIV
Fiscal Year-End	09/30
Exchange	NYSE Arca
Inception	11/21/2007
Inception Price	$30.00
Inception NAV	$30.00
Rebalance Frequency	Annual
Gross Expense Ratio*	0.58%
Net Expense Ratio*	0.58%

* As of 2/1/2019

Expenses are capped contractually at 0.60% per year, at least until January 31, 2020.

Current Fund Data (as of 11/19/2019)

Closing NAV¹	$24.30
Closing Market Price²	$24.34
Bid/Ask Midpoint	$24.33
Bid/Ask Premium	0.12%
Total Net Assets	$584,425,770
Outstanding Shares	24,050,002
Daily Volume	153,114
Average 30-Day Daily Volume	111,048
Closing Market Price 52-Week High/Low	$24.42 / $21.06
Closing NAV 52-Week High/Low	$24.36 / $21.13
Number of Holdings (excluding cash)	99

Fund Characteristics (as of 10/31/2019)⁹

Maximum Market Cap.	$281,092
Median Market Cap.	$14,695
Minimum Market Cap.	$626
Price/Earnings	12.72
Price/Book	1.25
Price/Cash Flow	7.91
Price/Sales	0.93

Top Holdings (as of 11/19/2019)*

Holding	Percent
Azimut Holding SpA	1.96%
Standard Life Aberdeen Plc	1.95%
BE Semiconductor Industries N.V.	1.79%
CSR Limited	1.63%
CenturyLink, Inc.	1.56%
TUI AG	1.56%
JB Hi-Fi Limited	1.55%
Intesa Sanpaolo SpA	1.51%
Harvey Norman Holdings Limited	1.48%
Banca Mediolanum SpA	1.41%

* Excluding cash. Holdings are subject to change.

Top Country Exposure (as of 11/19/2019)

Country	Percent
Australia	15.69%
United Kingdom	14.36%
Canada	11.74%
France	8.85%
United States	8.66%
Italy	7.86%
Germany	4.36%
Sweden	4.05%
Finland	3.68%
The Netherlands	3.58%

NAV History (Since Inception)

Past performance is not indicative of future results.

Overall Morningstar Rating^TM (as of 10/31/2019)³

Among 301 funds in the Foreign Large Value category. This fund was rated 4 stars/301 funds (3 years), 4 stars/247 funds (5 years), 5 stars/163 funds (10 years) based on risk adjusted returns.

Distribution Information

Dividend per Share Amt (as of 11/20/2019)⁴	$0.1974
30-Day SEC Yield (as of 10/31/2019)⁵	5.78%
Unsubsidized 30-Day SEC Yield (as of 10/31/2019)⁶	5.78%
12-Month Distribution Rate (as of 10/31/2019)⁷	5.90%
Index Yield (as of 10/31/2019)⁸	6.41%

Bid/Ask Midpoint vs. NAV (as of 9/30/2019)

Number of Days Bid/Ask Midpoint Above NAV

Quarter Ended	0-49 Basis Points	50-99 Basis Points	100-199 Basis Points	>=200 Basis Points
9/30/2019	51	0	0	0
6/30/2019	51	1	1	0
3/31/2019	52	0	0	0
12/31/2018	30	3	0	0

Number of Days Bid/Ask Midpoint Below NAV

Quarter Ended	0-49 Basis Points	50-99 Basis Points	100-199 Basis Points	>=200 Basis Points
9/30/2019	12	1	0	0
6/30/2019	10	0	0	0
3/31/2019	9	0	0	0
12/31/2018	29	1	0	0

The price used to calculate market return is determined by using the midpoint between the highest bid and the lowest offer on the stock exchange, on which shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated.

Top Sector Exposure (as of 11/19/2019)

Financials	43.57%
Consumer Discretionary	15.79%
Communication Services	15.07%
Utilities	7.20%
Energy	4.56%
Industrials	4.28%
Information Technology	4.04%
Materials	3.57%
Consumer Staples	1.92%

Month End Performance (as of 10/31/2019)

	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception¹⁰
Fund Performance *
Net Asset Value (NAV)	6.87%	13.61%	7.24%	6.52%	2.54%	6.38%	3.00%
After Tax Held	6.50%	11.66%	4.60%	4.37%	0.44%	4.35%	1.05%
After Tax Sold	4.06%	8.01%	4.18%	4.05%	0.96%	4.10%	1.39%
Market Price	6.86%	14.00%	7.55%	6.65%	2.55%	6.32%	3.00%

Index Performance **
Dow Jones Global Select Dividend Index^SM	6.21%	13.83%	7.19%	6.66%	2.64%	6.35%	3.13%
Dow Jones World Developed Markets Index^SM	2.73%	20.24%	12.60%	11.85%	7.77%	9.81%	5.72%
MSCI World Index	2.58%	20.60%	12.69%	11.86%	7.58%	9.48%	5.31%

Quarter End Performance (as of 9/30/2019)

	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception¹⁰
Fund Performance *
Net Asset Value (NAV)	0.69%	9.18%	-3.21%	4.15%	1.89%	5.70%	2.68%
After Tax Held	0.34%	7.31%	-5.59%	2.05%	-0.20%	3.68%	0.72%
After Tax Sold	0.41%	5.43%	-1.95%	2.27%	0.49%	3.57%	1.16%
Market Price	0.60%	9.51%	-2.90%	4.25%	1.97%	5.69%	2.67%

Index Performance **
Dow Jones Global Select Dividend Index^SM	0.73%	9.38%	-3.23%	4.34%	1.98%	5.80%	2.81%
Dow Jones World Developed Markets Index^SM	0.43%	17.13%	1.19%	10.11%	7.34%	9.31%	5.52%
MSCI World Index	0.53%	17.61%	1.83%	10.21%	7.18%	9.01%	5.13%

3-Year Statistics (as of 10/31/2019)

	Standard Deviation	Alpha	Beta	Sharpe Ratio	Correlation
FGD	11.33%	-3.86	0.90	0.47	0.89
MSCI World Index	11.22%	---	1.00	0.91	1.00

Standard Deviation is a measure of price variability (risk). Alpha is an indication of how much an investment outperforms or underperforms on a risk-adjusted basis relative to its benchmark.Beta is a measure of price variability relative to the market. Sharpe Ratio is a measure of excess reward per unit of volatility. Correlation is a measure of the similarity of performance.

*Performance data quoted represents past performance. Past performance is not a guarantee of future results and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than their original cost.

After Tax Held returns represent return after taxes on distributions. Assumes shares have not been sold. After Tax Sold returns represent the return after taxes on distributions and the sale of fund shares. Returns do not represent the returns you would receive if you traded shares at other times. Market Price returns are based on the midpoint of the bid/ask spread on the stock exchange on which shares of the fund are listed for trading as of the time that the fund’s NAV is calculated. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. The fund's performance reflects fee waivers and expense reimbursements, absent which performance would have been lower.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

**Performance information for the Dow Jones Global Select Dividend Index^SM is for illustrative purposes only and does not represent actual fund performance.

Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.

Dow Jones World Developed Markets Index^SM - The Index represents 23 countries and covers approximately 95% of the float-adjusted market capitalization of Europe as a region, and all other markets at the country level.

MSCI World Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of 23 developed markets around the world.

Footnotes

¹	The NAV represents the fund's net assets (assets less liabilities) divided by the fund's outstanding shares .
²	Fund shares are purchased and sold on an exchange at their market price rather than net asset value (NAV), which may cause the shares to trade at a price greater than NAV (premium) or less than NAV (discount).
³	The Morningstar Rating^TM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
⁴	Most recent distribution paid or declared to today's date. Subject to change in the future. There is no guarantee that the fund will declare dividends.
⁵	The 30-day SEC yield is calculated by dividing the net investment income per share earned during the most recent 30-day period by the maximum offering price per share on the last day of the period and includes the effects of fee waivers and expense reimbursements, if applicable.
⁶	The unsubsidized 30-day SEC yield is calculated the same as the 30-day SEC yield, however it excludes contractual fee waivers and expense reimbursements.
⁷	12-Month Distribution Rate is calculated by dividing the sum of the fund's trailing 12-month ordinary distributions paid or declared by the NAV price. Distribution rates may vary.
⁸	Index yield represents the weighted average trailing 12-month dividend of the constituents of the Dow Jones Global Select Dividend Index(SM).
⁹	All market capitalization numbers are in USD$ Millions.
¹⁰	Inception Date is 11/21/2007

You should consider the fund's investment objectives, risks, and charges and expenses carefully before investing. You can download a prospectus or summary prospectus, or contact First Trust Portfolios L.P. at 1-800-621-1675 to request a prospectus or summary prospectus which contains this and other information about the fund. The prospectus or summary prospectus should be read carefully before investing.

ETF Characteristics

The fund lists and principally trades its shares on the NYSE Arca, Inc.

The fund's return may not match the return of the Dow Jones Global Select Dividend Index^SM. Securities held by the fund will generally not be bought or sold in response to market fluctuations.

Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions. Market prices may differ to some degree from the net asset value of the shares. Investors who sell fund shares may receive less than the share's net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from the fund by authorized participants, in very large creation/redemption units. If the fund's authorized participants are unable to proceed with creation/redemption orders and no other authorized participant is able to step forward to create or redeem, fund shares may trade at a discount to the fund's net asset value and possibly face delisting.

Risk Considerations

The fund's shares will change in value, and you could lose money by investing in the fund. One of the principal risks of investing in the fund is market risk. Market risk is the risk that a particular stock owned by the fund, fund shares or stocks in general may fall in value. There can be no assurance that the fund's investment objective will be achieved.

The fund may invest in securities issued by companies concentrated in a particular sector or country which involves additional risks including limited diversification.

An investment in a fund containing securities of non-U.S. issuers is subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. The fund may invest in depositary receipts which may be less liquid than the underlying shares in their primary trading market.

Changes in currency exchange rates and the relative value of non-US currencies may affect the value of a fund's investments and the value of a fund's shares.

There is no guarantee that any issuer will declare dividends in the future, or that, if declared, they will remain at current levels or increase over time.

First Trust Advisors L.P. is the adviser to the fund. First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.

The Dow Jones Global Select Dividend Index^SM is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has been licensed for use by First Trust Advisors L.P. Standard & Poor's^® and S&P^® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust Advisors L.P. The First Trust Dow Jones Global Select Dividend Index Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the Dow Jones Global Select Dividend Index^SM.

©2019 Morningstar, Inc. All Rights Reserved. The Morningstar Rating^TM information contained herein: (1) is proprietary to Morningstar;(2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value