Fund Description: First Trust Global Wind Energy ETF, formerly First Trust ISE Global Wind Energy Index Fund, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of First Trust Exchange-Traded Fund II, an open-end investment management company. INVESTMENT OBJECTIVE: The First Trust Global Wind Energy ETF seeks investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index called the ISE Global Wind Energy Index. INDEX DESCRIPTION: The ISE Global Wind Energy Index is developed and owned by the International Securities Exchange, LLC, the Index Provider, in consultation with Standard & Poor's, which calculates and maintains the Index. The Index provides a benchmark for investors interested in tracking public companies throughout the world that are active in the wind energy industry based on analysis of the products and services offered by those companies. As of December 31, 2009, the issuers that comprised the Index represented 20 countries and traded on 17 exchanges throughout the world. FUND STRATEGY: The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index or in depositary receipts that may include American Depositary Receipts, Global Depositary Receipts, European Depositary Receipts, or other depositary receipts representing securities in the Index. FUND MANAGEMENT: First Trust Advisors L.P. is the investment advisor to the Fund and is responsible for the selection and ongoing monitoring of the securities and management for the Fund's portfolio.