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First Trust changes names of two ETFs

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First Trust Advisors is changing the names of two of its Index ETFs are changing their names effective Monday, 21 December, 2015. 

The First Trust NASDAQ CEA Smartphone Index Fund (FONE) is changing its name to First Trust NASDAQ Smartphone Index Fund, and the First Trust NASDAQ CEA Cybersecurity ETF (CIBR) is changing its name to First Trust NASDAQ Cybersecurity ETF. 

The funds ticker symbols and CUSIPS are not changing.

The Smartphone Fund seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the NASDAQ OMX CEA Smartphone Index. Because Consumer Electronics Association is changing its name to Consumer Technology Association, effective December 21, 2015, the name of the index is changing to NASDAQ CTA Smartphone Index. The Cybersecurity Fund seeks investment results that correspond generally to the price and yield, before the Fund’s fees and expenses, of an equity index called the Nasdaq CEA Cybersecurity Index. Similarly, the name of the index is changing to NASDAQ CTA Cybersecurity Index.

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