SKYY – First Trust Cloud Computing ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results that correspond generally to the price and yield of an equity index called the ISE CTA Cloud Computing Index TM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SKYY	First Trust Cloud Computing ETF	ETF	Open		—	Jul 5, 2011	$3.38B	0.600%	—	—	−$410.23M

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