**Performance data quoted represents actual historical and hypothetical historical performance, which is no guarantee of future results. The actual performance of the Index over any time period may bear little relation to the historical back-tested data above.
Performance information for the index is for illustrative purposes only and does not represent the performance of any actual investment. The index had a base value of 1,000 on the close of trading December 31, 2005. The actual initial calculation date for the indexes is August 24, 2009. Performance data quoted for periods prior to August 24, 2009 represents hypothetical back-tested performance. Prior to August 24, 2009, the index was not calculated in real time by an independent calculation agent. The hypothetical back-tested levels of the indexes should not be taken as an indication of future performance, and no assurance can be given as to the indexes' value on any date. The data for the hypothetical back-tested performance of the indexes was calculated on materially the same basis on which the performance of the index is now calculated.
The hypothetical historical values above have not been verified by an independent third party. These back-tested results are achieved by means of a retroactive application of a back-tested model designed with the benefit of hindsight. Back-tested, hypothetical historical results above have inherent limitations. The hypothetical performance data is for illustrative purposes only and does not represent the actual performance of any investment product. No representation is being made that any investment will achieve performance similar to that shown. The index does not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the hypothetical performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.
The index was created and developed by First Trust Advisors L.P. First Trust Advisors L.P. does not guarantee the accuracy and/or the completeness of the index or any data included therein and First Trust Advisors L.P. shall have no liability for any errors, omissions or interruptions therein. First Trust Advisors L.P. makes no warranty, express or implied, as to results to be obtained by any person or entity from the use of the index or any data included therein. First Trust Advisors L.P. 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 Advisors L.P. 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.
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