First Trust Indxx Global Agriculture ETF Announces Reverse Share Split
22 Aprile 2016 - 10:32PM
Business Wire
First Trust Advisors L.P. (“First Trust”) announced today that
the Board of Trustees (“Board”) of First Trust Exchange-Traded Fund
II (the “Trust”), on behalf of First Trust Indxx Global Agriculture
ETF (the “Fund”), an index-based exchange-traded fund (Nasdaq:
FTAG) approved a 1 for 5 reverse share split.
The reverse share split will result in every five outstanding
shares being converted into one share, thereby reducing the number
of shares outstanding. Fractional shares will be paid out in cash
to the beneficial shareholder. Once the reverse share split is
complete, each shareholder’s account will reflect one-fifth fewer
shares with a net asset value per share that reflects the combined
shares. The Fund’s shares will continue to trade under the same
ticker symbol, FTAG. The Fund’s current CUSIP number 33734X820 will
be replaced by a new CUSIP number, 33734X812. First Trust currently
anticipates the reverse share split will be effective as of the
opening of business on The Nasdaq Stock Market, LLC on or about May
2, 2016, subject to all regulatory requirements and other
conditions being satisfied.
The Fund, formerly the First Trust Global Platinum Index Fund,
launched on March 12, 2010. The Fund’s investment objective is to
seek investment results that correspond generally to the price and
yield, before the Fund's fees and expenses, of an equity index
called the Indxx Global Agriculture Index.
First Trust Advisors L.P., the Fund’s investment advisor, 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 $96 billion
as of March 31, 2016 through unit investment trusts,
exchange-traded funds, closed-end funds, mutual funds and separate
managed accounts.
You should consider the investment objective, risk, charges and
expenses of the Fund before investing. The prospectus for the Fund
contains this and other important information and is available free
of charge by calling toll-free 1-800-621-1675 or visiting
http://www.ftportfolios.com. The prospectus should be read
carefully before investing.
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First Trust Advisors L.P.Press Inquiries:Ryan Issakainen,
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Inquiries:Stan Ueland, 630-517-7633
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