WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced that the special meeting of shareholders of First Trust ISE Global Platinum Index Fund (NASDAQ: PLTM) (the “Fund”), an exchange-traded index fund and a series of First Trust Exchange-Traded Fund II, has been adjourned in order to allow shareholders additional time to vote on a new investment objective for the Fund and permit additional solicitation of shareholders. The shareholder meeting for the Fund will reconvene on October 12, 2015 at 4:00 pm Central at the offices of FTA, 120 East Liberty Drive, Wheaton, Illinois 60187. During the pendency of the adjourned meeting, shareholders holding shares as of the record date of July 2, 2015, who have not yet voted are encouraged to vote on the change in investment objective. Because brokers cannot vote the shares on this non-routine matter, shareholders holding shares through a brokerage firm must vote their shares for the purposes of receiving sufficient votes to decide this issue. Shareholders may also change their vote by executing a new proxy.
On June 18, 2015, FTA announced that it would seek shareholder approval for changes to the Fund’s investment objective. Subject to shareholder approval, the Fund’s new investment objective will be to seek investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Indxx Global Agriculture Index (the “Agriculture Index”). The Agriculture Index is developed, maintained and sponsored by Indxx, LLC.
In connection with the solicitation of proxies to approve the proposal described above, the Fund has filed a proxy statement. Because the proxy statement contains important information, the Fund’s shareholders are urged to read the proxy statement and accompanying materials carefully. The Fund’s shareholders are also able to obtain copies of these documents by calling FTA toll-free at 800-621-1675. The proxy statement is also available free of charge at the website of the Securities and Exchange Commission, www.sec.gov. The foregoing is not an offer to sell, nor a solicitation of an offer to buy, shares of the Fund, nor is it a solicitation of any proxy. There can be no assurance that the necessary percentage of the shareholders of the Fund will vote to approve the proposal.
FTA has served as the Fund’s investment advisor since the Fund’s inception. FTA, along with its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management and financial advisory services, with collective assets under management or supervision of approximately $112 billion as of August 31, 2015, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
You should consider the Fund’s investment objective, risks, charges and expenses carefully before investing. You can download a prospectus or contact FTA to request a prospectus, which contains other information about the Fund. Read it carefully before you invest. The risks of investing in the Fund are spelled out in its prospectus, shareholder reports and other regulatory filings.
This press release does not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.