First Trust Announces Changes on First Trust Taiwan AlphaDEX® Fund

First Trust Advisors L.P. announced that the shareholders of First Trust Taiwan AlphaDEX® Fund (FTW), an exchange-traded index fund and a series of First Trust Exchange-Traded AlphaDEX® Fund II, have voted to approve a new investment objective for the Fund. The Fund’s new investment objective will be to seek investment results that correspond generally to the price and yield of an equity index called the NIFTY 50 Equal Weight Index. In addition, the Fund will change its name to First Trust India NIFTY 50 Equal Weight ETF.