Fund Description: First Trust India NIFTY 50 Equal Weight, formerly First Trust Taiwan AlphaDEX Fund is an exchange-traded index fund or Index ETF which is a separate investment portfolio of First Trust Exchange-Traded AlphaDEX Fund II, an open-end investment management company. INVESTMENT OBJECTIVE: The First Trust India NIFTY 50 Equal Weight Fund seeks investment results that correspond generally to the price and yield before, fees and expenses, of the NIFTY 50 Equal Weight Index, formerly Nasdaq AlphaDEX Taiwan Index. INDEX DESCRIPTION: The NIFTY 50 Equal Weight Index is designed to track the performance of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India (NSE) by investing in all of the components of the NIFTY 50 (the Benchmark Index). The Benchmark Index measures the equity performance of the top 50 companies (weighted by free float market capitalization) whose equity securities trade in the Indian securities markets, and is designed to reflect the overall conditions of the Indian equity market as well as the Indian economy. FUND STRATEGY: The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate the performance of the Index. FUND MANAGEMENT: First Trust Advisors L.P. serves as the investment advisor to the Fund.