Name of ETF: First Trust Large Cap Core AlphaDEX Fund

Benchmark Index: Defined Large Cap Core Index

Ticker Symbol: FEX

Approximate Number of Holdings: 375

Types of Companies Included: The top large-cap companies from the S & P 500 that meet specific fundamental criteria.

Fundamentals Used:

• Growth Criteria: Sales-to-price ratio, sales growth over the previous 12 months, and general price appreciation the company has experienced over three, six and 12 month periods.
• Value Criteria: Book value-to-price, cash flow-to-price and return on assets (ROA).

Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.