First Trust NASDAQ Global Auto Index Fund Announces Timing of Changes to Investment Objective and Fund Name

Jan 21, 2022

First Trust NASDAQ Global Auto Index Fund (Nasdaq: CARZ) (the “Fund”), an exchange-traded index fund and a series of First Trust Exchange-Traded Fund II (the “Trust”), previously announced changes to its investment objective and the Fund’s name. Effective January 26, 2022, the Fund will seek investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the S-Network Electric & Future Vehicle Ecosystem Index (the “New Index”). Currently, the Fund seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ Global Auto Index. The New Index will be composed of approximately 116 securities issued by companies that are principally engaged in the development and sales of electric and autonomous vehicles, future automotive technology and products, and other related technology. Also effective January 26, 2022, the Fund’s name will change to First Trust S-Network Future Vehicles & Technology ETF. The Fund’s shares will continue to be listed for trading on The Nasdaq Stock Market LLC under the ticker symbol “CARZ” and the Fund’s CUSIP will remain 33734X309. The New Index was developed and is owned, maintained and sponsored by S-Network Global Indexes Inc. or its affiliates (collectively, “S-Network”).

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.