First Trust Launches the First Trust Dow Jones International Internet ETF

First Trust, a exchange-traded fund provider and asset manager, announced that it launched a new ETF, the First Trust Dow Jones International Internet ETF (NASDAQ: FDNI or the “fund”), which began trading on November 6, 2018. The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Dow Jones International Internet Index (the “index”). The index is a float-adjusted market capitalization weighted index designed to measure the performance of the 40 largest and most actively traded non-U.S. international companies that generate a majority of their sales and revenue from internet-based activities.