- Analysis
- Barani Krishnan
- 6
First Trust Dow Jones Internet ETF is an exchange traded fund launched by FT Portfolios Canada Co. The fund is managed by First Trust Advisors LP. It invests in public equity markets of the United States. It invests directly and through other funds in stocks of companies operating across communication services, media and entertainment, advertising, broadcast advertising, internet advertising, marketing services, marketing consulting, market research, internet market research, telecommunication services, diversified telecommunication services, integrated telecommunication services, internet service providers (ISP), consumer discretionary, consumer durables and apparel, household durables, consumer electronics, consumer electronics peripherals, internet appliances, retailing, internet and direct marketing retail, information technology, software and services, IT services, data processing and outsourced services, internet merchant services, internet services and infrastructure, IT consulting and other services, service outsourcing, internet consulting,software, application software, enterprise software, customer relationship management (CRM) software, internet marketing automation software and internet software sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Dow Jones Internet Composite Index, by using full replication technique. First Trust Dow Jones Internet ETF was formed on October 29, 2014 and is domiciled in Canada.