Fund Description: First Trust DJ STOXX Select Dividend 30 Index Fund is an exchange-traded index fund or Index 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 DJ STOXX Select Dividend 30 Index Fund seeks investment results that correspond to the price and yield, before fees and expenses, of the Dow Jones STOXX Select Dividend 30 Index. INDEX DESCRIPTION: The Dow Jones STOXX Select Dividend 30 Index consists of 30 securities selected from the Dow Jones STOXX 600 Index which includes the highest dividend-yielding companies across 18 European countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The Index is compiled and maintained by STOXX Limited, the Index Provider. Only dividend-paying companies in the STOXX(R) Europe 600 Index are considered for inclusion in the Index. In addition, a company must have a non-negative five-year dividend-per-share growth rate and a dividend-to-earnings ratio of 60% or less. The Index is rebalanced and reconstituted annually in March. FUND STRATEGY: The Fund will normally invest at least 90% of its total assets in non-U.S. common stocks that comprise the Index or in depositary receipts representing securities in the Index. The Fund may invest the remainder of its assets in securities not included in the Index, but which the adviser believes will help the Fund track its Index. The Fund, using an indexing investment approach, attempts to replicate he performance of the Index. In seeking to achieve the Fund's investment objective, the Fund generally will invest in all of the securities comprising the Index in proportion to their weightings in the Index. However, under various circumstances, it may not be possible or practicable to purchase all of those securities in those weightings. In those circumstances, the Fund may purchase a sample of securities in the Index. There may also be instances in which the adviser may choose to overweight certain securities, purchase securities not in the Index which the adviser believes are appropriate to substitute for certain securities in the Index, use futures or other derivative instruments, or utilize various combinations of the above techniques in seeking to track the Index. The Fund may sell securities in anticipation of their removal from the Index or purchase securities not represented in the Index in anticipation of their addition to the Index. The Fund will make changes to its portfolio holdings when changes are made in the composition of the Index. FUND MANAGEMENT: First Trust Advisors L.P. serves as the investment adviser to the Fund.