<DOCUMENT>
<TYPE>EX-99.D
<SEQUENCE>3
<FILENAME>exhibit_d5.txt
<DESCRIPTION>AMEND. SCHED. A TO INVESTMENT MGMT AGREEMENT
<TEXT>

                                   SCHEDULE A

                                      FUNDS

<TABLE>
<CAPTION>
                                                               ANNUAL RATE OF          EFFECTIVE DATE
                                                               AVERAGE DAILY
NAME OF FUND                                                   NET ASSETS
<S>                                                            <C>                     <C>
First Trust Dow Jones Select MicroCap Index(SM) Fund            0.50%                  September 24, 2005

First Trust Value Line(R) Arithmetic Index Fund                [0.50%]

First Trust Morningstar(R) Dividend Leaders(SM) Index Fund      0.30%                  March 15, 2006

First Trust IPOX-100 Index Fund                                 0.40%                  April 13, 2006

First Trust NASDAQ-100 Equal Weighted Index(SM) Fund            0.40%                  April 25, 2006

First Trust NASDAQ-100-Technology Sector Index(SM) Fund         0.40%                  April 25, 2006
</TABLE>


</TEXT>
</DOCUMENT>