Schedule A
FUNDS
For each Fund, the investment management fee shall be accrued daily and calculated in accordance with the corresponding schedule set forth below:
(1) Effective as of the Date, with respect to the Fund listed below, the investment management fee shall be accrued daily and calculated in accordance with the following schedule:
Average Daily Net Assets | Annual Rate |
Fund net assets up to and including $2.5 billion | 0.55000% |
Fund net assets greater than $2.5 billion up to and including $5 billion | 0.53630% |
Fund net assets greater than $5 billion up to and including $7.5 billion | 0.52250% |
Fund net assets greater than $7.5 billion up to and including $10 billion | 0.50880% |
Fund net assets greater than $10 billion up to and including $15 billion | 0.49500% |
Fund net assets greater than $15 billion | 0.46750% |
Fund | Ticker | Effective Date of Agreement |
First Trust NASDAQ-100 Select Equal Weighted ETF | QQEW | TBD |
(2) Effective as of the Date, with respect to the Fund listed below, the investment management fee shall be accrued daily and calculated in accordance with the following schedule:
Average Daily Net Assets | Annual Rate |
For the first $2.5 billion | 0.60000% |
For the next $2.5 billion | 0.58500% |
For the next $2.5 billion | 0.57000% |
For the next $2.5 billion | 0.55500% |
For the next $5 billion | 0.54000% |
For the amount over $15 billion | 0.51000% |
Fund | Ticker | Effective Date of Agreement |
First Trust Bloomberg Inflation Sensitive Equity ETF | FTIF | March 9, 2023 |
First Trust S&P 500 Diversified Free Cash Flow ETF | FCFY | August 22, 2023 |
(3) Effective as of the Date, with respect to the Fund listed below, the investment management fee shall be accrued daily and calculated in accordance with the following schedule:
Average Daily Net Assets | Annual Rate |
Fund net assets up to and including $2.5 billion | 0.85000% |
Fund net assets greater than $2.5 billion up to and including $5 billion | 0.82875% |
Fund net assets greater than $5 billion up to and including $7.5 billion | 0.80750% |
Fund net assets greater than $7.5 billion up to and including $10 billion | 0.78625% |
Fund net assets greater than $10 billion | 0.76500% |
Fund | Ticker | Effective Date of Agreement |
First Trust WCM International Equity ETF | WCMI | October 2, 2024 |
FT Vest Bitcoin Strategy & Target Income ETF | DFII | March 26, 2025 |
FT Vest Laddered Autocallable Barrier & Income ETF | ACYN | TBD |
(4) Effective as of the Date, with respect to the Fund listed below, the investment management fee shall be accrued daily and calculated in accordance with the following schedule:
Average Daily Net Assets | Annual Rate |
Fund net assets up to and including $2.5 billion | 0.90000% |
Fund net assets greater than $2.5 billion up to and including $5 billion | 0.87750% |
Fund net assets greater than $5 billion up to and including $7.5 billion | 0.85500% |
Fund net assets greater than $7.5 billion up to and including $10 billion | 0.83250% |
Fund net assets greater than $10 billion | 0.81000% |
Fund | Ticker | Effective Date of Agreement |
FT Vest Bitcoin Strategy Floor15 ETF – April | BFAP | March 26, 2025 |
FT Vest Bitcoin Strategy Floor15 ETF – July | BFJL | June 18, 2025 |
(5) Effective as of the Date, with respect to the Fund listed below, the investment management fee shall be accrued daily and calculated in accordance with the following schedule:
Average Daily Net Assets | Annual Rate |
Fund net assets up to and including $2.5 billion | 0.95000% |
Fund net assets greater than $2.5 billion up to and including $5 billion | 0.92625% |
Fund net assets greater than $5 billion up to and including $7.5 billion | 0.90250% |
Fund net assets greater than $7.5 billion up to and including $10 billion | 0.87875% |
Fund net assets greater than $10 billion | 0.85500% |
Fund | Ticker | Effective Date of Agreement |
First Trust WCM Developing World Equity ETF | WCME | October 2, 2024 |