First Trust Exchange -Traded Fund Vi - First Trust S&P 500 Diversified Free Cash Flow Etf (FCFY)

First Trust Launches First Trust S&P 500 Diversified Free Cash Flow ETF

WHEATON, Ill., August 24, 2023--First Trust Advisors L.P. ("First Trust"), a leading exchange-traded fund ("ETF") provider and asset manager, announced today that it has launched a new ETF, the First Trust S&P 500 Diversified Free Cash Flow ETF (NYSE Arca: FCFY) (the "fund"). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fee and expenses) of an equity index called the S&P 500® Sector-Neutral FCF Index (the "index").