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'FONE' Smartphone ETF Will Become a 5G Fund

By: ETFdb
A dedicated 5G ETF debuted earlier this month, but one issuer is reshaping an existing ETF into a 5G fund. The First Trust NASDAQ CEA Smartphone Index Fund ( FONE B ) is on its way to becoming a 5G ETF with a new name and a new underlying index, according to a filing with the Securities and Exchange Commission .
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