First Trust S-Network Streaming & Gaming ETF

Frequently Asked Questions About BNGE

What does BNGE invest in?

The First Trust S-Network Streaming & Gaming ETF is designed to broadly track the performance of its benchmark, the S-Network Streaming & Gaming Index. Specifically, it aims to deliver investment returns, including both price appreciation and yield, that closely align with the Index's performance before factoring in the ETF's own fees and operational expenses. To achieve this, the Fund primarily employs an indexing strategy, typically allocating a minimum of 80% of its total assets (which may include borrowed funds) into the common stocks and depositary receipts that constitute the underlying Index. The S-Network Global Indexes, Inc., serving as the Index Provider, is responsible for the creation, upkeep, and sponsorship of the S-Network Streaming & Gaming Index. It is important to note that the Index Provider reserves the right to alter the Index's methodology at any time, provided prior written notification is given.

What is the expense ratio of BNGE?

First Trust S-Network Streaming & Gaming ETF (BNGE) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BNGE?

First Trust S-Network Streaming & Gaming ETF (BNGE) manages $4.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BNGE actively managed or an index fund?

BNGE's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BNGE launched?

First Trust S-Network Streaming & Gaming ETF (BNGE) launched in January 2022 and is managed by First Trust.

How has BNGE performed?

BNGE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.