First Trust Morningstar Dividend Leaders ETF (CAD-Hedged)

The First Trust ETF will seek to replicate, to the extent possible, the performance of an index of U.S. companies that have shown dividend consistency and dividend sustainability, initially the Morningstar Dividend Leaders Index The First Trust ETF is designed to measure the performance of the 100 highest-yielding stocks that have a consistent record of dividend payment and have the ability to sustain their dividend payments.