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First Trust Indxx Metaverse ETF seeks results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx Metaverse Index (the "Index"). Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks and depositary receipts that comprise the index. The index is comprised of companies that provide services and products that support the infrastructure and applications of the Metaverse. The fund is non-diversified. |
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