First Trust Dow Jones Internet Index Fund

Frequently Asked Questions About FDN

What does FDN invest in?

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to measure the performance of the largest and most actively traded securities issued by U.S. companies in the Internet industry. The index is a composite of its two sub-indices, the Dow Jones Internet Commerce Index and the Dow Jones Internet Services Index. It is non-diversified.

What is the expense ratio of FDN?

First Trust Dow Jones Internet Index Fund (FDN) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FDN?

First Trust Dow Jones Internet Index Fund (FDN) manages $5.35B 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 FDN actively managed or an index fund?

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

When was FDN launched?

First Trust Dow Jones Internet Index Fund (FDN) launched in June 2006 and is managed by First Trust.

How has FDN performed?

FDN'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.