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The Frozen Yogurt of Net Sector Funds
"I know it's bad for me, but I gotta have it!" could apply to many things. For me, it describes a bowl of Starbucks Java Chip ice cream. For investors, it might be an investment product tied to an Internet index. But actually, the latter might not be so bad.
First Trust is getting in the sector ETF game with the First Trust Dow Jones Internet Index Fund(FDN Quote), which started trading Friday, June 30.
The fund has 40 components: 25 services companies and 15 commerce companies. ...
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