EFIX Stock, First Trust TCW Emerging Markets Debt ETF Information

The First Trust TCW Emerging Markets Debt ETF (the Fund) seeks to provide high total return from current income and capital appreciation. The Fund will invest at least 80 Percent of its net assets (including investment borrowings) in debt securities issued or guaranteed by companies, financial institutions and government entities located in emerging market countries. An emerging market country is a country that, at the time the Fund invests in the related security or instrument, is classified as an emerging or developing economy by any supranational organization such as the World Bank or the United.