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GRID
ETFFIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX FUND
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Description
The First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) is an equity‑focused ETF that invests worldwide in companies involved in electric‑grid, smart‑meter, energy‑storage, network and software solutions supporting modern grid infrastructure. Its strategy is to track the Nasdaq Clean Edge Smart Grid Infrastructure Index, holding at least 90 percent of its assets in the index’s common stocks and depositary receipts through a long‑only, fully replicated approach. The fund’s holdings span utilities, industrial equipment, technology and engineering firms, giving investors exposure to the broader energy‑transition and grid‑modernization themes. GRID may suit investors seeking thematic, growth‑oriented exposure to the evolving power‑grid sector and who are comfortable with the equity‑market risk inherent in a concentrated, sector‑specific portfolio.
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