The International Securities Exchange (ISE) announced today that aggregate assets under management for the portfolios of exchange traded funds (ETFs) based on ISE’s proprietary indexes now exceeds $1 billion. First Trust Advisors has a portfolio of eight ETFs based on ISE’s family of emerging market and sector indexes that track public companies in high growth markets. Sectors covered include natural gas, global wind energy, water, global engineering and construction services, copper mining, and platinum group metals mining. In addition, First Trust Advisors has developed ETFs that track ISE’s ChIndia index that represents the emerging markets of China and India, as well as ISE’s BICK Index that covers Brazil, India, China and South Korea. Direxion has also created two leveraged ETFs based on ISE’s natural gas index.

“Reaching $1 billion assets under management for ETFs tied to ISE’s indexes is a very exciting milestone. We look forward to continuing to work with our existing partners and to developing new relationships to grow the Index and ETF segment of our business even further,” said Kris Monaco, Director of New Product Development at ISE. “At ISE, we remain focused on developing innovative, actionable indexes for the creation of investment vehicles that provide investors with targeted exposure to the most liquid exchange-listed companies in rapidly growing markets.”

“It’s exciting for First Trust that our group of ISE index-based ETFs continues to grow and give investors exposure to these high-growth sectors,” said Robert F. Carey, CFA, and Chief Investment Officer of First Trust. “As the ETF market has grown, it’s clear to us that many investors are focusing on efficient ways to access specialized segments of the market. This milestone proves that.”

“We congratulate ISE on passing the $1 billion milestone. We value our relationship with them, and are consistently impressed by their robust index construction in focused industries such as natural gas and clean energy,” said Mark Carroll, Director of Research at Direxion.

First Trust Advisors offers eight ETFs based on ISE’s proprietary indexes: the First Trust ISE-Revere Natural Gas Index Fund (FCG), the First Trust ISE Global Wind Energy Index Fund (FAN), the First Trust ISE ChIndia Index Fund (FNI), the First Trust ISE Water Index Fund (FIW), the First Trust ISE Global Engineering and Construction Index Fund (FLM), the First Trust BICK Index Fund (BICK), the First Trust ISE Global Copper Index Fund (CU) and the First Trust Global Platinum Index Fund (PLTM).

Direxion offers two ETFs based on the ISE-Revere Natural Gas Index: The Direxion Daily Natural Gas Related Bull 2x Shares (FCGL) and the Direxion Daily Natural Gas Related Bear 2x Shares (FCGS).

ISE also offers options on certain index and ETF products within the First Trust and Direxion portfolios, as outlined in the table below.

For more information about First Trust Advisors’ ETFs, please visit www.ftportfolios.com. For more information about the Direxion leveraged indexes, visit www.direxionfunds.com. For information about ISE’s proprietary indexes, please visit www.ise.com/index.

      Index             ETF     Index Name       Symbol     Options         Symbol     Options ISE BICKTM Index       BIQ               BICK       ISE Engineering & ConstructionTM Index       CVL               FLM       ISE-Revere Natural GasTM Index       FUM     Yes         FCG

FCGL

FCGS

    Yes

Yes

Yes

ISE Global Wind EnergyTM Index       GWE               FAN     Yes ISE WaterTM Index       HHO     Yes         FIW     Yes

ISE ChIndiaTM Index

      ICK               FNI     Yes ISE Global CopperTM Index       ISC               CU     Yes ISE Global PlatinumTM Index       ORE               PLTM     Yes

About ISE

The International Securities Exchange (ISE) operates a leading U.S. options exchange and offers options trading on over 2,000 underlying equity, ETF, index, and FX products. As the first all-electronic options exchange in the U.S., ISE transformed the options industry by creating efficient markets through innovative market structure and technology. Regulated by the Securities and Exchange Commission (SEC) and a member-owner of The Options Clearing Corporation (OCC), ISE provides investors with a transparent marketplace for price and liquidity discovery on centrally cleared options products. ISE continues to expand its marketplace through the ongoing development of enhanced trading functionality, new products, and market data services. As a complement to its options business, ISE has expanded its reach into multiple asset classes through strategic investments in financial marketplaces and services that foster technology innovation and market efficiency. Through minority investments, ISE participates in the securities lending and equities markets. ISE also licenses its proprietary Longitude technology for trading in event-driven derivatives markets.

ISE is a wholly owned subsidiary of Eurex, a leading global derivatives exchange. Eurex itself is jointly operated by Deutsche B�rse AG (Ticker: DB1) and SIX Swiss Exchange AG. Together, Eurex and ISE are the global market leader in individual equity and equity index derivatives. For more information, visit www.ise.com.

About First Trust

Based in Wheaton, Illinois, First Trust Advisors L.P., and its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management, financial advisory services, and municipal and corporate investment banking. The firms have collective assets under management or supervision of over $39 billion (as of November 30, 2010) through exchange-traded funds, closed-end funds, unit investment trusts, collective trusts, mutual funds, and separately managed accounts.

For more information, please visit www.ftportfolios.com.

About Direxion

Direxion Funds/Direxion Shares, managed by Rafferty Asset Management, LLC, is a major provider of leveraged index funds and ETFs and alternative-class fund products for investment advisors and sophisticated investors who seek to effectively manage risk and return in both bull and bear markets. Founded in 1997, the company has approximately $7.5 billion in assets under management. The company’s business model is built on continuous product innovation, exceptional customer service and a commitment to building strategic relationships with distribution partners.

For more information, please visit www.direxionfunds.com or www.direxionshares.com.

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