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| Press Release

FT Portfolios Canada Co. Declares Final Cash Distribution for First Trust AlphaDEX™ Canadian Dividend ETF in Connection With Merger

TORONTO, Oct. 06, 2017 (GLOBE NEWSWIRE) -- FT Portfolios Canada Co., the manager of First Trust AlphaDEX™ Canadian Dividend ETF (the “Fund”) (TSX:FDY) (TSX:FDY.A) announced today that a special distribution estimated to be $0.09 per common unit and $0.09 per advisor class unit of the Fund is payable on October 12, 2017 to unitholders of record on October 10, 2017 with an ex-dividend date of October 6, 2017. The distribution represents net income of the Fund for the period ending prior to implementation of the Fund’s merger with First Trust Canadian Capital Strength ETF (TSX:FST) (TSX:FST.A) expected to become effective on October 16, 2017.

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. As of June 30, 2017, First Trust Advisors L.P., the portfolio advisor for FDY, has approximately US$45.6 billion in exchange-traded fund assets under management and more than US$107.6 billion total assets under supervision or management. First Trust is the enterprise name used for the various businesses conducted in Europe, Mexico, Canada and the U.S.  

Further information about the Fund can be found at 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: susanjohnson@firsttrust.ca, (416) 865-8054.