Rule 497(k)
File No. 333-171759
First Trust
Exchange-Traded AlphaDEX® Fund II
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Ticker Symbol:
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FKU
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Exchange:
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The Nasdaq Stock Market LLC
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Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
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None
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Management Fees
|
0.80%
|
Distribution and Service (12b-1) Fees
|
0.00%
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Other Expenses
|
0.00%
|
Total Annual Fund Operating Expenses
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0.80%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
$82
|
$255
|
$444
|
$990
|
Best Quarter
|
|
Worst Quarter
|
|
23.28%
|
December 31, 2020
|
-40.79%
|
March 31, 2020
|
|
1 Year
|
5 Years
|
Since
Inception
|
Inception
Date
|
Return Before Taxes
|
19.10%
|
9.47%
|
7.08%
|
2/14/2012
|
Return After Taxes on Distributions
|
17.63%
|
8.03%
|
5.75%
|
|
Return After Taxes on Distributions and Sale of Fund Shares
|
11.28%
|
6.75%
|
4.99%
|
|
Nasdaq AlphaDEX® United Kingdom Index(1) (reflects no deduction for
fees, expenses or taxes)
|
20.45%
|
10.54%
|
N/A
|
|
Nasdaq United Kingdom Index(1) (reflects no deduction for fees,
expenses or taxes)
|
17.13%
|
6.78%
|
N/A
|
|
MSCI United Kingdom Index (reflects no deduction for fees, expenses or
taxes)
|
18.50%
|
6.16%
|
4.43%
|
|