The Canadian arm of First Trust has added a smart grid-focused ETF to its lineup, with the fund seeking to replicate the performance of the Nasdaq Clean Edge Smart Grid Infrastructure Index.
First Trust (FT) Portfolios Canada Co launched units of the First Trust Nasdaq Clean Edge Smart Grid Infrastructure ETF, marking an expansion of its exchange traded fund offering in Canada. The product is offered as an index-tracking ETF First Trust Canada noted that the units of the fund commenced trading on the Toronto Stock Exchange on April 20 (SGRD). The company said the fund is structured to replicate, to the extent possible and before expenses, the performance of the Nasdaq Clean Edg