0001445546-24-002217.txt : 20240315 0001445546-24-002217.hdr.sgml : 20240315 20240314192114 ACCESSION NUMBER: 0001445546-24-002217 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240315 DATE AS OF CHANGE: 20240314 EFFECTIVENESS DATE: 20240315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST TRUST EXCHANGE-TRADED FUND CENTRAL INDEX KEY: 0001329377 ORGANIZATION NAME: IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 333-125751 FILM NUMBER: 24751936 BUSINESS ADDRESS: STREET 1: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 BUSINESS PHONE: 630-765-8000 MAIL ADDRESS: STREET 1: 120 EAST LIBERTY DRIVE, SUITE 400 CITY: WHEATON STATE: IL ZIP: 60187 0001329377 S000070087 FT Vest Gold Strategy Target Income ETF C000222996 FT Vest Gold Strategy Target Income ETF IGLD 497K 1 etf1_igld497k.htm SUPPLEMENT TO SUMMARY PROSPECTUS

  

Rule 497(k)

File No. 333-125751

  

First Trust Exchange-Traded Fund

(the “Trust”)

FT Vest Gold Strategy Target Income ETF®

(the “Fund”)

Supplement To the Fund’s Prospectus and Summary Prospectus

Dated March 15, 2024

Notwithstanding anything to the contrary in the Fund’s Prospectus or Summary Prospectus, the Average Annual Total Return table in the section entitled “Annual Total Return” is deleted in its entirety and replaced with the following:

Average Annual Total Returns for the Periods Ended December 31, 2023

  1 Year Since
Inception		 Inception
Date
Return Before Taxes 10.95% 3.66% 3/2/2021
Return After Taxes on Distributions 7.43% 1.51%  
Return After Taxes on Distributions and Sale of Fund Shares 6.38% 1.86%  
LBMA Gold Price (reflects no deduction for fees, expenses or taxes) 14.59% 6.83%  
S&P 500® Index (reflects no deduction for fees, expenses or taxes) 26.29% 9.38%  

 

  

 

Please Keep this Supplement with your Fund Prospectus and
Summary Prospectus for Future Reference