Fund Description: First Trust NASDAQ CEA Cybersecurity ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the First Trust Exchange-Traded Fund II, an open-end investment management company. INVESTMENT OBJECTIVE: The First Trust NASDAQ CEA Cybersecurity ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of the Nasdaq CEA Cybersecurity Index. INDEX DESCRIPTION: The Nasdaq CEA Cybersecurity Index will include securities of companies classified as cybersecurity companies by the CEA. The CEA will only give the cybersecurity classification to those companies that meet one of three elements: (1) companies focused on developing technologies that are designed and implemented to protect computer and communication networks from attacks and outside unauthorized use; (2) companies involved in the deployment of technologies for cybersecurity industry use including government, private and public corporations, financial institutions and various other industries; and (3) companies focused on the protection of priority data from being accessed and exploited by unauthorized external parties. Each security must have a worldwide market capitalization of $250 million, have a minimum three-month average daily dollar trading volume of $1 million, and have a minimum free float of 20% to be included in the Index. The Index is a modified liquidity weighted index, meaning that it is designed to track the performance of the most liquid companies in the technology and industrial sectors by assigning security weights based on the liquidity of the companies comprising the cybersecurity segment. The Index Provider (The NASDAQ OMX Group, Inc.) and the Consumer Electronics Association (CEA) have jointly developed the eligibility and selection criteria and rules for the Index. The index is evaluated semi-annually in March and September. FUND STRATEGY: The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks or in depositary receipts that comprise the Index. The Fund is classified as non-diversified and intends to invest in each security in the Index. The Fund also intends to invest entirely in securities included in the Index. However, there may also be instances in which the Fund may be underweighted or overweighted in certain securities in the Index, not invested in certain securities included in the Index, may purchase securities not in the Index that are appropriate to substitute for certain securities in the Index or utilize various combinations of the listed techniques in seeking to track the Index. FUND MANAGEMENT: First Trust Advisors L.P. serves as the investment adviser for the Fund.