First Trust Nasdaq Clean Edge Smart Grid Infrastructure

ETF description

This ETF is designed to give investors exposure to companies that are involved in the development and maintenance of electric infrastructure, often referred to as the electric grid. The companies included in this fund are primarily focused on technologies and services that support the transmission, distribution, and management of electricity. These businesses may range from those building smart grid technology to others providing equipment used in power transmission.

This ETF may appeal to investors who are interested in the energy sector, particularly those who want to focus on the infrastructure that supports the delivery of electricity. It could be suitable for people who believe in the long‑term growth potential of clean energy solutions, as the demand for reliable and efficient electricity management continues to grow globally.

Issuer details

First Trust Global Portfolios Management Limited is the Management Company of First Trust Global Funds plc and distributes and markets a range of ETFs and funds under the First Trust Global Funds plc umbrella. First Trust Global Portfolios Limited was established in December 2011 and distributes funds in certain European jurisdictions as well as acting as sub‑adviser to certain funds. First Trust Global Portfolios provides you with transparent and innovative solutions including UCITS ETFs, Active ETFs and Thematic ETFs

Index details

The Index is designed to track the performance of common stocks in the grid and electric energy infrastructure sector. The index includes companies that are primarily engaged and involved in electric grid, electric meters and devices, networks, energy storage and management, and enabling software used by the smart grid infrastructure sector.