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First Trust NASDAQ Global Auto Index ETF (CARZ)

  • Zacks Funds | Send Message 9 Jun

    Record May Auto Sales Put CARZ In Focus $CARZ
      • Zacks Funds | Send Message 14 May

        CARZ In Focus On Disappointing Auto Earnings $CARZ
          • Zacks Funds | Send Message 7 Apr

            Car ETF In Focus On Mixed Auto Sales Report $CARZ
              • Zacks Funds | Send Message 11 Nov 2014

                Lukewarm Auto Stock Earnings Put Car ETF In Focus $CARZ
                  CARZ vs. ETF Alternatives
                  CARZ Description
                  Investment Objective/Strategy - The First Trust NASDAQ Global Auto Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index called the NASDAQ OMX Global Auto Index.

                  There can be no assurance that the Fund's investment objectives will be achieved.

                  * The index is a modified market-capitalization weighted index that includes securities of companies that are classified as an Automobile Manufacturer.

                  * To be included in the index, a security must meet the following criteria:
                  o listed on an index-eligible global stock exchange,
                  o have a minimum worldwide market capitalization of at least $500 million,
                  o have a minimum three-month average daily dollar trading volume of $1 million.

                  * The index employs a modified market cap weighting methodology in which larger companies receive a larger index weighting. The index weighting methodology includes caps to prevent high concentrations among larger stocks.

                  * The index is reconstituted annually and rebalanced quarterly.
                  See more details on sponsor's website
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