calculating the
value of the Index every 15 seconds, widely disseminating the
Index values every 15 seconds and tracking corporate actions, some of which
result in Index adjustments.
Disclaimers
First
Trust does not guarantee the accuracy and/or the completeness of the Index or
any data included therein, and First Trust shall have no
liability for any errors, omissions or interruptions therein. First Trust makes
no warranty, express or implied, as to results to be obtained by the Fund,
owners of the shares of the Fund or any other person or entity from the use of
the Index or any data included therein. First Trust makes no express or implied
warranties, and expressly disclaims all warranties of merchantability or fitness
for a particular purpose or use with respect to the Index or any data included
therein. Without limiting any of the foregoing, in no event shall First Trust
have any liability for any special, punitive, direct, indirect or consequential
damages (including lost profits) arising out of matters relating to the use of
the Index, even if notified of the possibility of such damages.
The Fund is not
sponsored, endorsed, sold or promoted by Indxx, Inc. Indxx, Inc. makes no
representation or warranty, express or implied, to the owners of the Fund or any
member of the public regarding the advisability of trading in the Fund. Indxx,
Inc.’s only relationship to First Trust is the licensing of certain trademarks
and trade names of Indxx, Inc. and of the Indxx Metaverse Index, which is
determined, composed and calculated by Indxx, Inc. without regard to First Trust
or the Fund. Indxx, Inc. has no obligation to take the needs of First Trust or
the owners of the Fund into consideration in determining, composing or
calculating the Indxx Metaverse Index. Indxx, Inc. is not responsible for and
has not participated in the determination of the timing of, prices at, or
quantities of the Fund to be listed or in the determination or calculation of
the equation by which the Fund is to be converted into cash. Indxx, Inc. has no
obligation or liability in connection with the administration, marketing or
trading of the Fund.
INDXX, INC. DOES NOT GUARANTEE THE ACCURACY
AND/OR THE COMPLETENESS OF THE INDXX METAVERSE INDEX OR ANY DATA INCLUDED
THEREIN AND INDXX, INC. SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR
INTERRUPTIONS THEREIN. INDXX, INC. MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO
RESULTS TO BE OBTAINED BY FIRST TRUST, OWNERS OF THE FUND, OR ANY OTHER PERSON
OR ENTITY FROM THE USE OF THE INDXX METAVERSE INDEX OR ANY DATA INCLUDED
THEREIN. INDXX, INC. MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY
DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE
OR USE WITH RESPECT TO THE INDXX METAVERSE INDEX OR ANY DATA INCLUDED THEREIN.
WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL INDXX, INC. HAVE ANY
LIABILITY FOR ANY LOST PROFITS OR INDIRECT, PUNITIVE, SPECIAL OR CONSEQUENTIAL
DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR
ARRANGEMENTS BETWEEN INDXX, INC. AND FIRST TRUST.
Premium/Discount
Information
Information
showing the number of days the market price of the Fund's shares was greater (at
a premium) and less (at a discount) than the Fund's net
asset value for the most recently completed year, and the most recently
completed calendar quarters since that year (or life of the Fund, if shorter),
is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Total
Return Information
The table below
compares the total return of the Fund to the total return of the Index on which
it is based and a market index. The information presented for the
Fund is for the period indicated.
“Cumulative total
returns” represent the total change in value of an investment over the period
indicated. The net asset value per share of the Fund is the value of
one share of the Fund and is computed by dividing the value of all assets of the
Fund (including accrued interest and dividends), less liabilities (including
accrued expenses and dividends declared but unpaid), by the total number of
outstanding shares. The net asset value return is based on the net asset value
per share of the Fund and the market return is based on the market price per
share of the Fund. The price used to calculate market return (“Market
Price”) is determined by
using the midpoint of the national best bid and offer price (“NBBO”) as of the time that the Fund’s net
asset value is calculated. Under SEC rules, the NBBO consists of the highest
displayed buy and lowest sell prices among the various exchanges trading the
Fund at the time the Fund's net asset value is calculated. Since the shares of
the Fund typically do not trade in the secondary market until several days after
the Fund's inception, for the period from inception to the first day of
secondary market trading in shares of the Fund, the net asset value of the Fund
is used as a proxy for the secondary market trading price to calculate market
returns. Market and net asset value returns assume that all distributions have
been