TORONTO, Dec.  31, 2021  (GLOBE NEWSWIRE) -- FT Portfolios Canada Co. (the “Manager”), the manager of the following exchange-traded funds:

FIRST TRUST ETFs

First Trust Value Line® Dividend Index ETF (CAD-Hedged) (TSX: FUD/FUD.A)
First Trust AlphaDEX™ Emerging Market Dividend ETF (CAD-Hedged) (TSX: FDE/FDE.A)
First Trust Senior Loan ETF (CAD-Hedged) (TSX: FSL/FSL.A)
First Trust AlphaDEX™ European Dividend Index ETF (CAD-Hedged)
First Trust Global Risk Managed Income Index ETF (TSX: EUR./EUR.A)
First Trust NASDAQ® Clean Edge® Green Energy ETF (TSXC: QCLN:CC)
First Trust Indxx NextG ETF (TSX: NXTG-T)
First Trust Nasdaq Cybersecurity ETF (TSX: CIBR-T)
First Trust Dow Jones Internet ETF (TSX: FDN-T)
First Trust AlphaDEX™ U.S. Health Care Sector Index ETF (TSX: FHH)
First Trust NYSE Arca Biotechnology ETF (TSX: FBT) 
First Trust AlphaDEX™ U.S. Industrials Sector Index ETF (TSX: FHG) 
First Trust AlphaDEX™ U.S. Technology Sector Index ETF (TSX: FHQ)
First Trust Cloud Computing ETF (TSX: SKYY)
First Trust Tactical Bond Index ETF (TSX: FTB) 
First Trust Canadian Capital Strength ETF (TSX: FST.A)
First Trust Morningstar Dividend Leaders ETF (CAD-Hedged) (TSX: FDL)
First Trust Indxx Innovative Transaction and Process ETF (TSX: BLCK) 
First Trust International Capital Strength ETF (TSX: FINT)

(collectively, the “First Trust ETFs”),

announced today that it will be terminating its distribution reinvestment plan (the “Reinvestment Plan”) for each First Trust ETF effective January 31, 2022. As a result, the Reinvestment Plan will not be available for distributions made by the First Trust ETFs from and after January 31, 2022.

About First Trust

The First Trust companies are a well-respected global enterprise with a history in the U.S. market since 1991 and in Canada since 1996. First Trust is the umbrella name used for the various businesses conducted in both Canada and the U.S. The First Trust family of ETFs span across different geographies and asset classes. First Trust ETFs combine the benefits of both active and passive management, providing an efficient and simple way for investors to buy and sell an entire basket of securities with a single transaction throughout the trading day. For more information, please visit www.firsttrust.ca

For further information: Media Contact: Susan Johnson, FT Portfolios Canada Co., 40 King Street West, Suite 5102, Scotia Plaza, Box 312, Toronto, ON M5H 3Y2, Email: [email protected], (416) 865- 8054.