First Trust Advisors L.P. (“First Trust”), a leading provider of investment products and services that help financial advisors meet the financial needs and objectives of their clients, is pleased to mark the fifth anniversary of the First Trust Dow Jones Internet Index SM Fund (NYSE Arca: FDN). This exchange-traded fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Dow Jones Internet Composite Index SM.
Since its inception on June 19, 2006, FDN has delivered an average annual total return of 12.63% through June 30, 2011. The fund has outperformed its benchmark, the S&P Composite 1500 Information Technology Index, by 5.54% per year and the broad market S&P 500 Index by 9.20% per year during that time. FDN, which had $724 million in assets as of June 30, 2011, is the second best-performing exchange-traded fund (ETF) in the Morningstar technology category for the five years ended June, 30, 2011 (out of 16 ETFs) and has received a 4-Star Overall Morningstar Rating TM.*
|Quarter End Performance (as of 6/30/11)||Quarter||YTD||1 Yr.||3 Yr.||5 Yr.||10 Yr.||Since FundInception|
|Fund Performance 1|
|After Tax Held||-0.23%||5.74%||51.73%||17.50%||11.36%||N/A||12.60%|
|After Tax Sold||-0.14%||3.74%||33.67%||15.20%||9.94%||N/A||11.05%|
|Dow Jones Internet Composite Index SM2||-0.06%||6.01%||52.68%||18.10%||11.97%||6.60%||13.20%|
|S&P Composite 1500 Information Technology Index||-1.57%||2.46%||27.68%||6.64%||6.86%||1.37%||7.09%|
|S&P 500 Index||0.10%||6.02%||30.69%||3.34%||2.94%||2.72%||3.43%|
Performance data quoted represents past performance. Past performance is not a guarantee of future results and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than their original cost. You can obtain performance information which is current through the most recent month-end by visiting www.ftportfolios.com .
“For wealth-management professionals looking for a way to harness the power of the Internet to help drive their clients’ portfolios, we believe FDN is a great choice,” said Robert Carey, CFA, Chief Investment Officer for First Trust. “It’s one of the very few pure play Internet funds, and we believe its performance over the last five years speaks for itself.”
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