First Defined Portfolio Management Co. Announces Name Change and Quebec
availability to a First Trust Portfolios Canada fund

TORONTO, March 1 /CNW/ - First Defined Portfolio Management Co. ("FDPM" or the "Manager"), the manager of First Trust Portfolio Canada funds, announced that effective today the following mutual fund (the "Fund"), which is managed by First Defined Portfolio Management Co. has been renamed.

The fund codes and investment mandate remain the same. The Manager believes the new fund name more clearly reflects the brands and mandate under which the Fund operates.

    
    -------------------------------------------------------------------------
    Old Fund Name                           New Fund Name
    -------------------------------------------------------------------------
    Raymond James Canadian Focus Picks      First Trust Raymond James
    Portfolio                               Canadian Focus Picks Portfolio

    Series A: FTC 551                       Series A: FTC 551
    Series F: FTC 555                       Series F: FTC 555
    -------------------------------------------------------------------------
    

Additionally, the First Trust Raymond James Canadian Focus Picks Portfolio is now available for purchase by Advisors and Investors in the province of Quebec. The fund is now available to Canadians on a national level.

About Us

First Trust Portfolios Canada is the general brand name under which we create our investment products in Canada and the name we are generally known by with advisors and clients. Our business model enables retail investment distribution firms to provide unique and customized investment strategies for their investment advisors on a timely and cost effective basis. First Trust Portfolios Canada is headquartered in Toronto with sales and service capabilities across Canada. First Defined Portfolio Management Co. (FDPM) is a privately owned company and an affiliate of First Trust Portfolios L.P. (FTP), a U.S. registered broker-dealer, and First Trust Advisors L.P. (FTA), a U.S. registered investment advisor, both of which are located in Wheaton, Illinois, a suburb of Chicago.

First Defined Portfolio Management Co. (FDPM) is registered with the Ontario Securities Commission as a mutual fund dealer and provides sales and marketing support for its products across Canada. FTA is registered with the Ontario Securities Commission as a non-Canadian Investment Council and Portfolio Manager and provides investment advisory services to our Canadian investment funds.

SOURCE FT Portfolios Canada Co.

For further information: For further information: Fraser Howell at 1-877-622-5552 or visit www.firsttrust.ca

Organization Profile

FT Portfolios Canada Co.

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