Proposed Amendment to the Investment Policy of the First Trust United Kingdom AlphaDEX® UCITS ETF

DUBLIN--()--

This document is important and requires your immediate attention. If you are in any doubt as to the action you should take you should seek advice from your investment consultant. In accordance with the current policy of the Central Bank of Ireland (the “Central Bank”), this document has not been reviewed by the Central Bank.

If you have sold or transferred all of your shares in the First Trust United Kingdom AlphaDEX® UCITS ETF (the “Fund”), a sub-fund of First Trust Global Funds plc (the “Company”), please pass this document at once to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee as soon as possible.

Capitalised terms used herein shall bear the same meaning as capitalised terms used in the prospectus of the Fund dated 5 March 2013 (together, the “Prospectus”). Copies of the Prospectus are available upon request during normal business hours from the registered office of the Company or from the local representative of the Company in each jurisdiction in which the Fund is registered for public distribution.

5 December 2013

Re: Proposed Amendment to the Investment Policy of the First Trust United Kingdom AlphaDEX® UCITS ETF (the “Fund”)

Dear Shareholder

The Company is established as an umbrella fund with segregated liability between sub-funds and as an undertaking for collective investment in transferable securities (“UCITS”) in Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011, as amended. The Fund was approved by the Central Bank on 5 March 2013.

We are writing to you to notify you of proposed changes affecting the Fund which are expected to take effect on or around 23 December 2013 (the “Effective Date”). Please read this letter carefully as it may relate to changes affecting your Shares in the Fund.

With effect from the Effective Date, it is proposed to amend the investment policy described in the Prospectus to reflect the requirements of obtaining and maintaining PEA (Plan d'Epargne par Actions) status in France. PEA eligible equity funds must maintain at least 75% of their assets in companies that are domiciled within the European Union. The Fund’s amended investment policy will provide that at all times at least 75% of the total assets of the Fund will be invested in the equity securities of issuers domiciled in the United Kingdom.

In addition, the language in the general investment objectives and policies section of the Prospectus will be updated to clarify that in respect of this Fund only, the Investment Manager may choose to overweight certain equity securities in the Defined United Kingdom Index (the “Index”), to purchase equity securities not in the Index which the Investment Manager believes are appropriate to substitute for certain securities in the Index or utilise various combinations of the above techniques in seeking to maintain at least 75% of that Fund’s total assets in the equity securities of issuers domiciled in the United Kingdom.

Effective Date of the changes:

Subject to regulatory approvals, the changes listed above are expected to take effect on or around the Effective Date. Confirmation that the changes have taken effect will be made via an announcement which will be available on First Trust’s website at www.ftglobalportfolios.com and will also be released to the Irish Stock Exchange at www.ise.ie.

Please note that the Prospectus containing, amongst other things, the proposed amendment to the investment policy of the Fund is currently being reviewed by the Central Bank. If the Central Bank requires further material changes to the proposed amendments as outlined above, these changes will be communicated to you as soon as is reasonably practicable.

Redemption of Shares

If you do not wish to remain invested in the Fund following the implementation of the proposed changes you can redeem your Shares on any Business Day prior to the date of the Effective Date by following the usual redemption procedures and terms as set out in the Prospectus.

Should you have any questions relating to these matters, you should either contact your distributor, investment consultant or usual First Trust representative.

The board of directors of the Company accepts responsibility for the information contained in this document as being accurate as at the date of its publication.

Yours faithfully,

/s/ Mark R. Bradley______
Director
For and on behalf of
First Trust Global Funds plc


FI160/001/AC#10261944.1

Registered in Ireland. Company Registration Number 514357. Registered Office: as above.
Directors: James A. Bowen (US), Andy Roggensack (US), Mark R. Bradley (US), Bronwyn Wright, Michael Boyce
An umbrella fund with segregated liability between sub-funds

First Trust Global Funds plc
Press Inquiries: Eric Anderson, +44 (0) 203 195 7123
Analyst Inquiries: Eric Anderson, +44 (0) 203 195 7123
Advisor Inquiries: Eric Anderson, +44 (0) 203 195 7123

Short Name: First Trust Global Funds plc
Category Code: MSC
Sequence Number: 400308
Time of Receipt (offset from UTC): 20131205T181933+0000

Contacts

First Trust Global Funds plc

Sharing

Contacts

First Trust Global Funds plc