First Trust overhauls investment objective on smart beta ETFs
Three funds affected
The funds will focus on a range of new technologies, including 5G and clean energy
First Trust has switched the investment objective on a trio of smart beta funds from a country-specific focus to various themes and has appointed a new index for each one.
Formerly part of its AlphaDEX range of products, each fund has seen its investment objective and policy changed to follow a thematic benchmark, from 5G to clean energy. First Trust launches biotech...
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