First Trust Advisors L.P. and American Bankers Association (ABA) will visit the NASDAQ MarketSite in New York City's Times Square to celebrate the launch of the First Trust NASDAQ(r) ABA(r) Community Bank Index Fund (Symbol:QABA). The exchange-traded fund seeks investment results that correspond generally to the price and yield performance, before fees and expense, of the NASDAQ OMX(r) ABA(r) Community Bank Index(sm).
The NASDAQ OMX(r) ABA(r) Community Bank Index(sm) (Nasdaq:ABQI) enables investors to track the performance of the most actively traded of the approximately 475 community banks listed on The NASDAQ Stock Market. As of June 8, 2009, there were 96 securities that comprised the Index. In honor of the occasion, First Trust Advisors L.P. and ABA representatives will preside over The NASDAQ Stock Market Opening Bell.
About First Trust Advisors L.P.:
Based in Wheaton, Illinois, First Trust Advisors L.P., and its affiliate First Trust Portfolios L.P., are privately-held companies which provide a variety of investment services, including asset management, financial advisory services, and municipal and corporate investment banking, with collective assets under management or supervision of over $19 billion as of May 31, 2009 through closed-end funds, unit investment trusts, mutual funds, separate managed accounts and exchange-traded funds. For more information, please visit www.ftportfolios.com.
About American Bankers Association:
The American Bankers Association brings together banks of all sizes and charters into one association. ABA works to enhance the competitiveness of the nation's banking industry and strengthen America's economy and communities. Its members -- the majority of which are banks with less than $125 million in assets -- represent over 95 percent of the industry's $13.5 trillion in assets and employ over 2 million men and women. For more information on ABA, visit http://www.aba.com
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,900 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North; and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs.
NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
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