This First Trust US Equity Income UCITS ETF is a passively managed investment vehicle, aiming to replicate the performance, encompassing both capital appreciation and income generation, of the NASDAQ US High Equity Income Index, prior to the deduction of fees and expenses. The selection of stocks for this underlying index follows a systematic, rule-driven methodology. This process incorporates fundamental analysis criteria and a weighting approach based on reinvested earnings (plough-back), designed to impartially identify and include dividend-paying companies from the wider NASDAQ U.