(FIW) First Trust Water - Ratings and Ratios

The First Trust Water ETF, listed on NYSE ARCA under the ticker FIW, is an exchange-traded fund that primarily focuses on investing in companies involved in the potable water and wastewater industry. This includes a wide range of activities such as water treatment, distribution, and management, as well as wastewater collection and treatment. By investing in these sectors, the fund aims to provide investors with exposure to the global water industry, which is essential for human consumption, agriculture, and industrial processes.

To achieve its investment objective, the fund will typically allocate at least 90% of its net assets to securities that are part of its underlying index. This index is specifically designed to track the performance of small, mid, and large capitalization companies that derive a significant portion of their revenues from the water and wastewater sector, as identified by Clean Edge, a leading research firm in the clean technology sector. By tracking this index, the fund offers a diversified portfolio of companies operating in the water industry, providing investors with a single investment vehicle to gain exposure to this critical sector.

From a structural perspective, the First Trust Water ETF is a US-domiciled fund with the ISIN code US33733B1008. It is classified as an exchange-traded fund (ETF) and falls under the natural resources category. For more information about the fund, including its investment strategy, holdings, and performance, investors can visit the website of its issuer, FT Portfolios, at http://www.ftportfolios.com/. This resource provides detailed insights into the fund's operations, helping investors make informed decisions about their investments in the water sector.