First Trust Advisors LP Announces Distribution of FT Cboe Vest Gold Strategy Target Income ETF®

Wheaton, IL–(business wire)– First Trust Advisors LP (“FTA”) has announced the monthly distribution declaration of the FT Cboe Vest Gold Strategy Target Income ETF.^®a series of First Trust Exchange-Traded Funds.

The dates below apply to today’s distribution declaration.

First Trust Advisors LP (“FTA”) is a federally registered investment advisor and acts as investment advisor to the Fund. FTA and its affiliate, First Trust Portfolios LP (“FTP”), are FINRA registered broker-dealers and privately held companies that offer a variety of investment services. As of December 31, 2022, the FTA manages or oversees approximately $190 billion in collective assets through unit funds, exchange-traded funds, closed-end funds, mutual funds and separately managed accounts. FTA is the supervisor of First Trust’s unit mutual funds and FTP is the sponsor. FTP is also a distributor of mutual fund equity and exchange-traded fund origination units. FTA and FTP are based in Wheaton, Illinois.

Before investing, you should consider the Fund’s investment objectives, risks, charges and expenses. The Fund’s prospectus contains this and other important information, please call toll free at 1-800-621-1675 or www.ftportfolios.comA prospectus should be read carefully before investing.

Main risk factors: Risk is inherent in all investments. Specific risks applicable to the Fund are set out below. The material risks of investing in the Fund are specified in its prospectus, additional information statements and other regulatory filings. The order of risk factors below does not indicate the importance of any particular risk factor.

Past performance is no guarantee of future results. The return on investment and market value of investments in the Fund will fluctuate. Stocks sold may be worth more or less than their original price.

Funds, unlike many other traditional investment products, may not be suitable for all investors.

If the underlying ETF makes a profit during the Target Outcome Period, the Fund will not participate in the profit either 1 for 1 or above the cap.

Securities held by the Fund and the shares of the Fund itself are subject to market fluctuations caused by factors such as general economic conditions, political events, regulatory or market developments, changes in interest rates and perceived trends in the prices of securities. Affected. Stocks in the Fund may decline in value or underperform other investments as a result of the risk of loss associated with these market movements. In addition, local, regional or global events such as wars, acts of terrorism, epidemics or other public health problems, recessions or other events could have a material adverse effect on the Fund and its investments. I have. Such events may impact certain geographic regions, countries, sectors and industries more than others. In February 2022, Russia will invade Ukraine, causing and likely to cause significant market disruption and volatility in Russian, European and US markets. Hostilities and sanctions resulting from those hostilities can have a material impact on investment in and performance of certain funds. The COVID-19 pandemic and subsequent government and central bank policies have brought, and may continue to bring, significant volatility and uncertainty to global financial markets. The US has “reasonably” resumed normal business activities, but many countries continue to impose lockdown measures. Furthermore, there is no guarantee that vaccines will be effective against new variants of the disease.

There can be no assurance that the Fund’s investment objectives will be achieved or that any sub-advisor will apply investment techniques and risk analysis to achieve desired results.

Investors buying and selling shares of the Fund on the secondary market may incur normal brokerage fees. The market price may differ slightly from the net asset value of the stock. Investors who sell shares in the Fund may receive less than the net asset value of the shares.

Shares can be sold on exchanges throughout the day through brokerage accounts. However, unlike mutual funds, shares can only be redeemed directly from the fund by authorized participants in very large creation/redemption increments. If an Authorized Participant of the Fund fails to proceed with a creation/redemption order and no other Authorized Participant is able to proceed with the creation or redemption, the Fund’s shares will be discounted to the Fund’s net asset value. traded on and may face delisting.

Funds with greater exposure to a single asset class, country, region, industry or sector may be more adversely affected by economic or political developments than widely diversified funds. A Fund may be a constituent of one or more indices which may affect the trading activity, size and volatility of the Fund.

There is no guarantee that an active trading market for Fund shares will develop or be maintained.

The Fund is liable for various damages, including but not limited to human error, processing and communication errors, errors of the Fund’s service providers, counterparties or other third parties, failures or inadequate processes, and technical or system failures. exposure to risks arising from various operational factors. Funds and advisors seek to mitigate these operational risks through controls and procedures, but there is no way to completely prevent such risks.

The use of options and other derivatives may lead to losses due to adverse movements in the price or value of the underlying asset, index or rate, which may be magnified by certain features of the derivatives.

Funds may invest in FLEX options that reference ETFs. This exposes the Fund to the particular risks of owning shares in ETFs and the types of instruments in which the referenced ETFs invest.

The Fund has exposure to the stock market as the Fund may hold FLEX options that reference indices and/or ETFs.

FLEX options held by the Fund are exercisable at the strike price only on the maturity date. Prior to expiration, the value of FLEX options will be determined based on market quotes or other accepted pricing methods.

There is no guarantee that a liquid secondary trading market exists for FLEX options, and FLEX options may be less liquid than listed options.

The Fund is subject to income, inflation and interest rate risk. These risks may lead to a decline in the value and/or returns of securities, increased volatility as interest rates rise or fall, and an adverse effect on the Fund’s performance.

Gold bullion prices can be greatly influenced by international financial and political developments. In addition, metal prices around the world can fluctuate significantly over short periods of time, and as a result, the Fund’s share price can be more volatile than other types of investments.

Securities issued or guaranteed by federal agencies and instruments sponsored by the United States Government may or may not be backed by the full confidence and credit of the United States Government.

The Fund does not invest directly in FLEX Options. Rather, they invest in wholly-owned subsidiaries that have the same investment objectives as the Fund, but unlike the Fund, they can invest in unlimited FLEX options. The subsidiary is not registered under his 1940 Act and is not subject to all investor protections of the 1940 Act. Accordingly, funds that are investors in subsidiaries are not entitled to all the protections offered to investors in registered investment firms. A quick and unpredictable way.

As the use of Internet technology becomes more common in the course of business, the Fund is becoming more susceptible to potential operational risks from cybersecurity breaches.

Large inflows and outflows can affect a new fund’s market exposure for a limited period of time.

Although the fund will qualify as a “regulated investment company” (RIC), the federal income tax treatment of certain aspects of the fund’s proposed operations is not entirely clear. In any year, if the Fund fails to qualify as a RIC under applicable tax law, the Fund will be taxed as an ordinary corporation. Funds that affect all or part of their creation and redemption rather than in kind may be less tax efficient.

The Fund may be exposed to the risk that counterparties will not meet their obligations, which could result in material financial loss to the Fund.

A fund classified as “non-diversified” may invest a relatively high percentage of its assets in a limited number of issuers. As a result, the Fund may be susceptible to any single adverse economic or regulatory event affecting one or more of these issuers, resulting in increased volatility and high concentration in certain issuers. There is likely to be.

First Trust Advisors LP are advisors to the Fund. First Trust Advisors LP is an affiliate of the Fund’s distributor, First Trust Portfolios LP.

First Trust Advisors LP is a registered Commodity Pool Operator and Commodity Trading Advisor and is a member of the National Futures Association.

The information presented is not intended to constitute an investment recommendation or advice to any particular person. By providing this information, First Trust does not undertake to advise in a fiduciary capacity within the meaning of ERISA, the Internal Revenue Code, or any other regulatory framework. Financial professionals are responsible for making their own independent assessments of investment risks and using their own judgment in determining whether an investment is appropriate for a client.

Source: First Trust Advisors LP