First Trust Advisors L.P. (“FTA”) announced that the joint special
meeting of shareholders of First Trust ISE Global Copper Index Fund
(NASDAQ: CU) (the “Copper Fund”) and First Trust ISE Global Platinum
Index Fund (NASDAQ: PLTM) (the “Platinum Fund” and, together with the
Copper Fund, the “Funds”), each an exchange-traded index fund and a
series of First Trust Exchange-Traded Fund II, has been adjourned in
order to allow shareholders additional time to vote on a new investment
objective for each Fund and permit additional solicitation of
shareholders. The shareholder meeting for each Fund will reconvene on
September 28, 2015 at 4:00 pm Central at the offices of FTA, 120 East
Liberty Drive, Wheaton, Illinois 60187. During the pendency of the
adjourned meetings, shareholders holding shares as of the record date of
July 2, 2015, who have not yet voted are encouraged to vote on the
changes in investment objective. Because brokers cannot vote the shares
on this non-routine matter, shareholders holding shares through a
brokerage firm must vote their shares for the purposes of receiving
sufficient votes to decide this issue. Shareholders may also change
their vote by executing a new proxy.
On June 18, 2015, FTA announced that it would seek shareholder approval
for changes to the Funds’ investment objectives. Subject to shareholder
approval, the Copper Fund’s new investment objective will be to seek
investment results that correspond generally to the price and yield
(before such Fund’s fees and expenses) of an equity index called the
Indxx Global Natural Resources Income Index (“Natural Resources Index”).
Also subject to shareholder approval, the Platinum Fund’s new investment
objective will be to seek investment results that correspond generally
to the price and yield (before such Fund’s fees and expenses) of an
equity index called the Indxx Global Agriculture Index (together with
the Natural Resources Index, the “New Indices”). The New Indices are
developed, maintained and sponsored by Indxx, LLC.
In connection with the solicitation of proxies to approve the proposals
described above, the Funds have filed a proxy statement. Because the
proxy statement contains important information, the Funds’ shareholders
are urged to read the proxy statement and accompanying materials
carefully. The Funds’ shareholders are also able to obtain copies of
these documents by calling FTA toll-free at 800-621-1675. The proxy
statement is also available free of charge at the website of the
Securities and Exchange Commission, www.sec.gov.
The foregoing is not an offer to sell, nor a solicitation of an offer to
buy, shares of the Funds, nor is it a solicitation of any proxy. There
can be no assurance that the necessary percentage of the shareholders of
either of the Funds will vote to approve the proposals.
FTA has served as each Fund’s investment advisor since the Funds’
inception. FTA, along with its affiliate First Trust Portfolios L.P.,
are privately-held companies which provide a variety of investment
services, including asset management and financial advisory services,
with collective assets under management or supervision of approximately
$112 billion as of August 31, 2015, through unit investment trusts,
exchange-traded funds, closed-end funds, mutual funds and separate
managed accounts.
You should consider the Funds’ investment objectives, risks, charges and
expenses carefully before investing. You can download a prospectus or
contact FTA to request a prospectus, which contains other information
about the Funds. Read it carefully before you invest. The risks of
investing in the Funds are spelled out in their prospectus, shareholder
reports and other regulatory filings.
This press release does not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer or solicitation or sale
would be unlawful prior to registration or qualification under the laws
of such state or jurisdiction.
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