The Nasdaq CTA Smartphone Index is designed to track the performance of companies engaged in the Smartphone segment of the telecom and technology sectors. The Index includes companies primarily involved in the building and design of handsets, hardware, software, and mobile networks associated with the development, sale, and usage of Smartphone’s. A Smartphone is defined as a wireless, mobile communication device offering advanced capabilities and functionalities, including web access, through the use of an identifiable operating system.
The Index began on April 12, 2010 at a base value of 250.00.
|First Trust Nasdaq Smartphone Index Fund||FONE||First Trust Advisors L.P.|