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CU - First Trust ISE Global Copper Index Fund


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First Trust ISE Global Copper Index Fund logo

The First Trust ISE Global Copper Index Fund (CU) is an exchange-traded fund (ETF) that tracks the performance of companies involved in the copper mining industry. The fund's portfolio includes companies from a range of countries, with a focus on companies that derive a significant portion of their revenue from copper mining.

Copper is a vital metal used in a range of industries, including construction, electronics, and transportation. The demand for copper is driven by global economic growth, particularly in emerging markets. As such, the performance of the copper industry is closely tied to global economic conditions.

The First Trust ISE Global Copper Index Fund was launched in 2010 and is managed by First Trust Advisors, a leading investment management firm. As of my knowledge cutoff of September 2021, the fund had a net asset value of approximately $100 million and was traded on the NASDAQ stock exchange under the ticker symbol CU.

As with any investment, the First Trust ISE Global Copper Index Fund is subject to various risks, including fluctuations in commodity prices, changes in global economic conditions, and geopolitical risks. Investors should carefully consider their investment objectives, risk tolerance, and financial situation before investing i



 

 
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