FUND
NAME |
TICKER
SYMBOL |
EXCHANGE |
Emerging
Markets Equity Select ETF |
RNEM |
Nasdaq |
Large Cap
US Equity Select ETF |
RNLC |
Nasdaq |
Mid Cap US
Equity Select ETF |
RNMC |
Nasdaq |
Small Cap
US Equity Select ETF |
RNSC |
Nasdaq |
US Equity
Dividend Select ETF |
RNDV |
Nasdaq |
Fund |
Index |
Emerging
Markets Equity Select ETF |
Nasdaq
Riskalyze Emerging MarketsTM
Index |
Large Cap
US Equity Select ETF |
Nasdaq
Riskalyze US Large CapTM
Index |
Mid Cap US
Equity Select ETF |
Nasdaq
Riskalyze US Mid CapTM
Index |
Small Cap
US Equity Select ETF |
Nasdaq
Riskalyze US Small CapTM
Index |
US Equity
Dividend Select ETF |
Nasdaq
Riskalyze US Large Cap Select DividendTM
Index |
Portfolio
Turnover Rate
| ||
Fund |
Fiscal Year
Ended March 31, | |
2023 |
2022 | |
Emerging
Markets Equity Select ETF |
65% |
72% |
Large Cap US
Equity Select ETF |
30% |
21% |
Mid Cap US
Equity Select ETF |
51% |
43% |
Small Cap US
Equity Select ETF |
72% |
49% |
US Equity
Dividend Select ETF |
52% |
41% |
SMALL
CAP US EQUITY SELECT ETF | |
Gross
income from securities lending activities |
$4,620 |
Fees
and/or compensation for securities lending activities and related
services |
|
Fees paid to
securities lending agent from a revenue split |
422 |
Fees paid for
any cash collateral management service (including fees deducted from
a
pooled cash
collateral reinvestment vehicle) that are not included in the revenue
split |
65
|
Administrative
fees not included in revenue split |
0 |
Indemnification
fee not included in revenue split |
0 |
Rebate (paid
to borrower) |
303 |
Other fees
not included in revenue split (specify) |
0 |
Aggregate
fees/compensation for securities lending activities |
790 |
Net
income from securities lending activities |
$3,830 |
Name
and
Year of
Birth |
Position
and
Offices
with
Trust |
Term
of
Office
and
Year
First
Elected
or
Appointed |
Principal
Occupations
During
Past 5 Years |
Number
of
Portfolios
in the
First
Trust
Fund
Complex
Overseen
by
Trustee |
Other
Trusteeships
or
Directorships
Held
by
Trustee
During
the
Past 5
Years |
TRUSTEE
WHO IS AN INTERESTED PERSON OF THE TRUST | |||||
James A.
Bowen (1)
1955 |
Chairman of
the
Board and
Trustee |
•Indefinite
term
•Since
inception |
Chief
Executive Officer, First Trust
Advisors
L.P. and First Trust Portfolios
L.P.;
Chairman of the Board of Directors,
BondWave
LLC (Software Development
Company)
and Stonebridge Advisors LLC
(Investment
Advisor) |
235
Portfolios |
None |
INDEPENDENT
TRUSTEES | |||||
Richard E.
Erickson
1951 |
Trustee |
•Indefinite
term
•Since
inception |
Physician,
Edward-Elmhurst Medical
Group;
Physician and Officer, Wheaton
Orthopedics
(1990 to 2021) |
235
Portfolios |
None
|
Name
and
Year of
Birth |
Position
and
Offices
with
Trust |
Term
of
Office
and
Year
First
Elected
or
Appointed |
Principal
Occupations
During
Past 5 Years |
Number
of
Portfolios
in the
First
Trust
Fund
Complex
Overseen
by
Trustee |
Other
Trusteeships
or
Directorships
Held
by
Trustee
During
the
Past 5
Years |
INDEPENDENT
TRUSTEES | |||||
Thomas R.
Kadlec
1957 |
Trustee |
•Indefinite
term
•Since
inception |
Retired;
President, ADM Investor
Services,
Inc. (Futures Commission
Merchant)
(2010 to July 2022) |
235
Portfolios |
Director,
National
Futures
Association;
formerly,
Director
of ADM
Investor
Services,
Inc.,
ADM
Investor
Services
International,
ADMIS Hong
Kong
Ltd., ADMIS
Singapore
Ltd. and
Futures
Industry
Association |
Denise M.
Keefe
1964 |
Trustee |
•Indefinite
term
•Since
2021 |
Executive
Vice President, Advocate
Aurora
Health and President, Advocate
Aurora
Continuing Health Division
(Integrated
Healthcare System) |
235
Portfolios |
Director
and Board
Chair of
Advocate
Home Health
Services,
Advocate
Home Care
Products
and
Advocate
Hospice;
Director
and Board
Chair of
Aurora At
Home (since
2018);
Director of
Advocate
Physician
Partners
Accountable
Care
Organization;
Director of
RML
Long Term
Acute
Care
Hospitals;
Director of
Senior
Helpers
(since
2021); and
Director of
MobileHelp
(since
2022) |
Robert F.
Keith
1956 |
Trustee |
•Indefinite
term
•Since
inception |
President,
Hibs Enterprises (Financial and
Management
Consulting) |
235
Portfolios |
Formerly,
Director
of Trust
Company
of
Illinois |
Niel B.
Nielson
1954 |
Trustee |
•Indefinite
term
•Since
inception |
Senior
Advisor (2018 to present),
Managing
Director and Chief Operating
Officer
(2015 to 2018), Pelita Harapan
Educational
Foundation (Educational
Products
and Services) |
235
Portfolios |
None |
Name
and
Year
of Birth |
Position
and
Offices
with Trust |
Term
of Office and
Length
of Service |
Principal
Occupations
During
Past 5 Years |
OFFICERS
OF THE TRUST | |||
James
M. Dykas
1966 |
President
and Chief
Executive
Officer |
•Indefinite
term
•Since
2016 |
Managing
Director and Chief Financial Officer, First
Trust
Advisors L.P. and First Trust Portfolios L.P.;
Chief
Financial Officer, BondWave LLC (Software
Development
Company) and Stonebridge Advisors
LLC
(Investment Advisor) |
W.
Scott Jardine
1960 |
Secretary
and Chief Legal
Officer |
•Indefinite
term
•Since
inception |
General
Counsel, First Trust Advisors L.P. and First
Trust
Portfolios L.P.; Secretary and General Counsel,
BondWave
LLC; and Secretary, Stonebridge Advisors
LLC |
Daniel
J. Lindquist
1970 |
Vice
President |
•Indefinite
term
•Since
inception |
Managing
Director, First Trust Advisors L.P. and First
Trust
Portfolios L.P.
|
Name
and
Year of
Birth |
Position
and
Offices
with Trust |
Term of
Office and
Length of
Service |
Principal
Occupations
During
Past 5 Years |
Kristi A.
Maher
1966 |
Chief
Compliance Officer
and
Assistant Secretary |
•Indefinite
term
•Since
inception |
Deputy
General Counsel, First Trust Advisors L.P.
and First
Trust Portfolios L.P. |
Derek D.
Maltbie
1972 |
Treasurer,
Chief Financial
Officer and
Chief
Accounting
Officer |
•Indefinite
term
•Since
2023 |
Senior Vice
President, First Trust Advisors L.P. and
First Trust
Portfolios L.P., July 2021 – present.
Previously,
Vice President, First Trust Advisors L.P.
and First
Trust Portfolios L.P., 2014 –2021. |
Roger F.
Testin
1966 |
Vice
President |
•Indefinite
term
•Since
inception |
Senior Vice
President, First Trust Advisors L.P. and
First Trust
Portfolios L.P. |
Stan
Ueland
1970 |
Vice
President |
•Indefinite
term
•Since
inception |
Senior Vice
President, First Trust Advisors L.P. and
First Trust
Portfolios L.P. |
Name
of Trustee |
Total
Compensation from
the Funds
(1)
|
Total
Compensation from
the First
Trust Fund Complex (2)
|
Richard E.
Erickson |
$8,606 |
$523,750 |
Thomas R.
Kadlec |
$8,605 |
$524,280 |
Denise M.
Keefe |
$8,590 |
$504,158 |
Robert F.
Keith |
$8,601 |
$514,231 |
Niel B.
Nielson |
$8,611 |
$533,750 |
Trustee |
Dollar
Range of Equity
Securities
in the Funds
(Number of
Shares
Held) |
Aggregate
Dollar
Range of
Equity
Securities
in All
Registered
Investment
Companies
Overseen
by Trustee
in the First
Trust Fund
Complex |
Interested
Trustee | ||
James A.
Bowen |
None |
Over
$100,000 |
Independent
Trustees | ||
Richard E.
Erickson |
None |
Over
$100,000 |
Thomas R.
Kadlec |
None |
Over
$100,000 |
Denise M.
Keefe |
None |
Over
$100,000 |
Robert F.
Keith |
None |
Over
$100,000 |
Niel B.
Nielson |
None |
Over
$100,000 |
Fund |
Management
Fee |
Emerging
Markets Equity Select ETF |
0.75% |
Large Cap
US Equity Select ETF |
0.60% |
Mid Cap US
Equity Select ETF |
0.60% |
Small Cap
US Equity Select ETF |
0.60% |
US Equity
Dividend Select ETF |
0.50% |
Management
Fee |
Breakpoints |
0.75000% |
Fund net
assets up to and including $2.5 billion |
0.73125% |
Fund net
assets greater than $2.5 billion up to and including $5
billion |
0.71250% |
Fund net
assets greater than $5 billion up to and including $7.5
billion |
0.69375% |
Fund net
assets greater than $7.5 billion up to and including $10
billion |
0.67500% |
Fund net
assets greater than $10
billion |
Management
Fee |
Breakpoints |
0.600% |
Fund net
assets up to and including $2.5 billion |
0.585% |
Fund net
assets greater than $2.5 billion up to and including $5
billion |
0.570% |
Fund net
assets greater than $5 billion up to and including $7.5
billion |
0.555% |
Fund net
assets greater than $7.5 billion up to and including $10
billion |
0.540% |
Fund net
assets greater than $10 billion up to and including $15
billion |
0.510% |
Fund net
assets greater than $15
billion |
Management
Fee |
Breakpoints |
0.5000% |
Fund net
assets up to and including $2.5 billion |
0.4875% |
Fund net
assets greater than $2.5 billion up to and including $5
billion |
0.4750% |
Fund net
assets greater than $5 billion up to and including $7.5
billion |
0.4625% |
Fund net
assets greater than $7.5 billion up to and including $10
billion |
0.4500% |
Fund net
assets greater than $10 billion up to and including $15
billion |
0.4250% |
Fund net
assets greater than $15
billion |
Amount of
Unitary Fees
| |||
Fund |
Fiscal Year
Ended March 31, | ||
2023 |
2022 |
2021 | |
Emerging
Markets Equity Select ETF |
$63,551 |
$55,189 |
$57,274 |
Large Cap US
Equity Select ETF |
$117,468 |
$171,355 |
$121,380 |
Mid Cap US
Equity Select ETF |
$95,812 |
$118,864 |
$84,353 |
Small Cap US
Equity Select ETF |
$153,050 |
$92,061 |
$48,904 |
US Equity
Dividend Select ETF |
$101,764 |
$80,338 |
$25,358 |
Name |
Position
with
First
Trust |
Length of
Service
with First
Trust |
Principal
Occupation During Past Five Years |
Daniel J.
Lindquist |
Chairman of the
Investment
Committee
and Managing
Director |
Since
2004 |
Managing
Director, First Trust Advisors L.P.
and First
Trust Portfolios L.P. |
David G.
McGarel |
Chief Operating
Officer
Chief Investment
Officer
and Managing
Director |
Since
1997 |
Chief
Operating Officer (2016 to present),
Chief
Investment Officer, Managing Director,
First Trust
Advisors L.P. and First Trust Portfolios L.P. |
Jon C.
Erickson |
Senior Vice
President |
Since
1994 |
Senior Vice
President, First Trust Advisors L.P.
and First
Trust Portfolios L.P. |
Roger F.
Testin |
Senior Vice
President |
Since
2001 |
Senior Vice
President, First Trust Advisors L.P.
and First
Trust Portfolios L.P. |
Stan
Ueland |
Senior Vice
President |
Since
2005 |
Senior Vice
President, First Trust Advisors L.P.
and First
Trust Portfolios L.P. |
Chris A.
Peterson |
Senior Vice
President |
Since
2000 |
Senior Vice
President, First Trust Advisors L.P.
and First
Trust Portfolios L.P. |
Erik
Russo |
Vice
President |
Since
2010 |
Vice
President, First Trust Advisors L.P.
and First
Trust Portfolios L.P. |
Investment
Committee Members |
Registered
Investment
Companies
Number of
Accounts
($
Assets) |
Other
Pooled
Investment
Vehicles
Number of
Accounts
($
Assets) |
Other
Accounts
Number of
Accounts
($
Assets) |
Daniel J.
Lindquist |
115
($84,465,741,215) |
41
($1,789,178,120) |
1,156
($388,485,831) |
David G.
McGarel |
116
($84,468,965,272) |
41
($1,789,178,120) |
1,156
($388,485,831) |
Jon C.
Erickson |
112
($84,465,566,560) |
41
($1,789,178,120) |
1,156
($388,485,831) |
Roger F.
Testin |
112
($84,465,566,560) |
41
($1,789,178,120) |
1,156
($388,485,831) |
Stan
Ueland |
107
($83,415,707,735) |
35
($1,664,476,125) |
N/A |
Chris A.
Peterson |
116
($84,468,965,272) |
41
($1,789,178,120) |
1,156
($388,485,831) |
Erik
Russo |
107
($83,415,707,735) |
35
($1,664,476,125) |
N/A |
Aggregate
Amount of Brokerage Commissions
| |||
Fund |
Fiscal Year
Ended March 31, | ||
2023 |
2022 |
2021 | |
Emerging
Markets Equity Select ETF |
$11,773 |
$9,341 |
$10,881 |
Large Cap US
Equity Select ETF |
$1,896 |
$1,901 |
$3,039 |
Mid Cap US
Equity Select ETF |
$4,108 |
$3,466 |
$6,069 |
Small Cap US
Equity Select ETF |
$13,526 |
$4,524 |
$6,497 |
US Equity
Dividend Select ETF |
$3,903 |
$2,059 |
$2,196 |
Fund |
Total
Non-Expiring
Capital
Loss
Available |
Emerging
Markets Equity Select ETF |
$1,750,106 |
Large Cap US
Equity Select ETF |
1,989,412 |
Mid Cap US
Equity Select ETF |
2,665,399 |
Small Cap US
Equity Select ETF |
2,797,779 |
US Equity
Dividend Select ETF |
1,226,146 |
NAME OF
BENEFICIAL OWNER |
%
OF
OUTSTANDING
SHARES
OWNED |
EMERGING
MARKETS EQUITY SELECT ETF | |
LPL Financial
Corp. |
61.78% |
TD Ameritrade
Clearing Inc. |
10.21% |
Pershing
LLC |
7.80% |
National
Financial Services LLC |
7.63% |
LARGE
CAP US EQUITY SELECT ETF | |
Charles
Schwab & Co., Inc. |
24.16% |
LPL Financial
Corp. |
19.50% |
TD Ameritrade
Clearing Inc. |
13.49% |
Pershing
LLC |
11.19% |
Merrill
Lynch, Pierce, Fenner & Smith Inc. |
9.46% |
National
Financial Services LLC |
8.80% |
MID
CAP US EQUITY SELECT ETF | |
Charles
Schwab & Co., Inc. |
30.50% |
LPL Financial
Corp. |
24.88% |
TD Ameritrade
Clearing Inc. |
11.93% |
Pershing
LLC |
10.97% |
National
Financial Services LLC |
7.06% |
Merrill
Lynch, Pierce, Fenner & Smith Inc. |
6.65% |
SMALL
CAP US EQUITY SELECT ETF | |
LPL Financial
Corp. |
78.02% |
Charles
Schwab & Co., Inc. |
6.26% |
US
EQUITY DIVIDEND SELECT ETF | |
LPL Financial
Corp. |
50.35% |
TD Ameritrade
Clearing Inc. |
20.83% |
Pershing
LLC |
8.72% |
National
Financial Services LLC |
5.60% |
Charles
Schwab & Co., Inc. |
5.21% |