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First Trust High Income Etf
First Trust Exchange-Traded Fund III (FTHI) is an exchange-traded fund (ETF) that seeks to track the performance of the ISE Global Platinum Index, which is a rules-based index intended to track the performance of companies around the world that are engaged in the platinum group metals (PGM) mining industry.
The Fund may invest in securities of companies of any market capitalization, and may also invest in ADRs, GDRs and securities of foreign companies. The Fund may also use certain financial instruments, such as swaps, futures and options, for hedging or investment purposes.
Regarding earnings, the Fund's return is dependent on the earnings and growth of the companies included in the ISE Global Platinum Index. Since the Fund invests in a variety of companies in the PGM mining industry, its performance will be affected by the performance of this industry as a whole.
As for growth, it is difficult to predict the future growth of the Fund without knowing more about the specific companies included in the Index and the broader market conditions. It is important to note that the PGM mining industry can be volatile, and the performance of the Fund may vary significantly over time.
It is important to conduct your own research, or consult with a financial advisor, before making any investment decisions. You can also check the official website of the ETF provider or the SEC EDGAR database for the most recent financial reports and regulatory filings for more detailed information.