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First Trust NYSE Arca Biotechnology Index Fund
FBT (First Trust NYSE Arca Biotechnology Index Fund) is an US Technology Equity ETF by First. With a 0.54% MER, it provides diversified exposure through 30 holdings.
FBT is an ETF offered by First.
With a 0.54% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.