Fund Description: First Trust Nasdaq Bank ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the First Trust Exchange-Traded Fund VI, an open-end investment management company. INVESTMENT OBJECTIVE: The First Trust Nasdaq Bank ETF seeks investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of the Nasdaq US Smart Banks Index. INDEX DESCRIPTION: The Nasdaq US Smart Banks Index is designed to select bank stocks from the NASDAQ US Benchmark Index (the Base Index) based on a ranking methodology of three price factors which aims to select companies that exhibit: strong growth through high average 3-, 6-, 9- and 12-month price return; value, measured by cash flow to price; and low expected volatility based on historical stock price fluctuation. The Base Index, compiled by Nasdaq, Inc., the Index Provider, is a comprehensive, rules-based index designed to measure stock market performance of U.S. companies. The Index is reconstituted on an annual basis and rebalanced on a quarterly basis. FUND STRATEGY: The Fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate the performance of the Index. The Fund invests in securities issued by banks, as classified by the Index Provider using the Industry Classification Benchmark (ICB), which includes companies providing a broad range of financial services, including retail banking, loans and money transmissions. Accordingly, to the extent the Index is so concentrated, the Fund may be concentrated in an industry or industries within the banking sector. FUND MANAGEMENT: First Trust Advisors L.P. serves as the Fund's investment advisor.