First Trust Advisors L.P.'s BNGE issuer, operating under an indexing investment approach, focuses on replicating the performance of an index developed by VettaFi LLC, the Index Provider, wherein at least 80% of its net assets are invested in securities constituting the Index. This index consists of common stock and depositary receipts issued by both U.S. and non-U.S. companies primarily engaged in online content streaming, e-sports, and iGaming industries. The selection criteria for inclusion in the index prioritize companies involved in content streaming, e-sports, and iGaming, with top securities from each segment being weighted based on market capitalization, subject to maximum and minimum security weights. Additionally, the Fund may invest in emerging market companies and securities denominated in non-U.S. currencies. The index is rebalanced quarterly, potentially leading to a higher rate of portfolio turnover for the Fund. The Fund also demonstrates a concentration in certain industries, with significant exposure to communication services and consumer discretionary companies as of June 30, 2023. Notably, to access Chinese companies included in the index, the Fund invests in non-Chinese shell companies utilizing variable interest entities. Classified as non-diversified under the Investment Company Act of 1940, the Fund may be exposed to risks associated with specific jurisdictions or investment sectors.
As of the latest available information, the BNGE issuer, managed by First Trust Advisors L.P., does not appear to emphasize dividend distributions as a primary focus. Instead, its investment strategy primarily revolves around replicating the performance of an index comprising companies engaged in online content streaming, e-sports, and iGaming industries. Therefore, investors seeking dividend income may find other investment options more suitable, as the primary objective of the fund seems to be capital appreciation through tracking the index's performance rather than generating dividend income.
The BNGE issuer, managed by First Trust Advisors L.P., employs a tracking strategy aimed at replicating the performance of an index developed and maintained by VettaFi LLC, the Index Provider. With a commitment to mirroring the index's movements before fees and expenses, the fund endeavors to achieve a similar return profile as the underlying index. This tracking approach involves investing at least 80% of its net assets in securities that make up the index, with adjustments made periodically to reflect changes in the index's composition. By closely following the index methodology and making timely portfolio adjustments in response to index changes, the fund seeks to provide investors with returns that closely match the performance of the target index over time
The BNGE issuer, managed by First Trust Advisors L.P., aims to maintain a strong correlation with the index it tracks, developed by VettaFi LLC, the Index Provider. Correlation refers to the degree to which the fund's performance aligns with movements in the index. Through its investment strategy, which involves replicating the index's composition and adjusting the portfolio to reflect changes in the index, the fund seeks to achieve a high level of correlation with the target index. By closely tracking the index's performance before fees and expenses, the fund endeavors to ensure that investors experience returns that closely mirror those of the underlying index, thereby minimizing tracking error and enhancing the effectiveness of the fund's investment objective.
The BNGE issuer, managed by First Trust Advisors L.P., exhibits a focused sector allocation strategy, primarily concentrating on companies operating within the realms of online content streaming, e-sports, and iGaming industries. This sector focus aligns with the composition of the index it tracks, developed and maintained by VettaFi LLC, the Index Provider. The fund invests at least 80% of its net assets in securities that comprise the index, with a keen emphasis on companies engaged in content streaming platforms, video game development, professional gaming competitions, and remote wagering facilitation. Additionally, the fund may include companies deriving significant revenues from these sectors, provided certain criteria are met. With a concentrated sector approach, the BNGE issuer aims to capture the growth potential and investment opportunities within these dynamic and rapidly evolving industries, offering investors exposure to sectors poised for continued expansion and innovation
The BNGE issuer, managed by First Trust Advisors L.P., offers investors exposure to a diverse range of companies primarily operating in the online content streaming, e-sports, and iGaming industries. Through its investment strategy, the fund aims to replicate the performance of an index developed and maintained by VettaFi LLC, the Index Provider. This index includes both U.S. and non-U.S. companies, providing investors with broad exposure to global opportunities within these innovative sectors. Additionally, the fund may invest in emerging market companies and securities denominated in non-U.S. currencies, further diversifying its exposure. Notably, to access certain Chinese companies included in the index, the fund invests in non-Chinese shell companies utilizing variable interest entities. By offering exposure to a diversified portfolio of companies at the forefront of digital entertainment and online gaming, the BNGE issuer provides investors with the potential for capital appreciation and growth opportunities in these dynamic industries.
ETF Insider is a data-driven portfolio analytics and optimization platform that introduces a more efficient and practical way to visualize, analyze and optimize portfolios.
Rather than focusing on the surface-level attributes of ETFs and Mutual Funds, ETF Insider goes deeper by examining the underlying holdings of exchange traded products.
By organizing and structuring that data, investors can easily navigate within their overlapping layers.
This innovative perspective combined with modern data visualization and modeling tools, provides an entirely new approach to portfolio optimization that can quickly expose both portfolio inefficiencies and opportunities.
5 min readDiscover the top Global Infrastructure Exchange-Traded Funds (ETFs) for investment in the United States. This article highlights the most promising ETFs that provide exposure to global infrastructure projects, enabling investors to capitalize on the growth potential of this vital sector.
5 min readTitle: Investing in the EWS ETF: A Guide to Entering the Singapore Stock Market Description: This article provides a concise overview of investing in the EWS ETF, which tracks the performance of the Singapore stock market. It offers guidance on how to invest in the EWS ETF, including selecting a brokerage, opening an account, and executing trades, enabling investors to gain exposure to the Singapore market's growth and diversification opportunities.
6 min readThe BNGE ETF is a specialized investment fund that focuses on a specific sector. This exchange-traded fund offers investors exposure to a range of companies in this sector.
ETF Insider is a novel portfolio optimization tool that uses the power of data visualization to gain insight into portfolio compositions, concentration risks, portfolio efficiency and more. Complex financial data can be transformed into visually appealing and easily digestible graphs and charts, allowing investors to quickly identify trends and make well-informed investment decisions. Not only does this save time, but it also increases the accuracy and effectiveness of portfolio management.
