Introducing the Smartphone ETF (FONE, A, ALU, ALTR, AAPL, ARMH, T, ATML, BRCM, CIEN, FLEX, GOOG, MRVL, MU, NOK, QCOM, RIMM, TLAB, VOD, XLNX)

They say there is an ETF for everything.  Now comes the launch by First Trust Advisors L.P. for a Smartphone ETF.  The First Trust NASDAQ CEA Smartphone Index Fund (NASDAQ: FONE) offers investors a way to gain exposure to the various hardware manufacturers, operating system providers, chip makers, software manufacturers and service providers.

The Fund is meant to track an equity index called the NASDAQ OMX CEA Smartphone Index.  Here are some of the components:

Agilent Technologies Inc. (NYSE: A);
Alcatel-Lucent SA (NYSE: ALU);
Altera Corporation (NASDAQ: ALTR);
Amdocs Ltd (NYSE: DOX);
American Tower Corp. (NYSE: AMT);
Analog Devices Inc. (NYSE: ADI);
Apple Inc. (NASDAQ: AAPL);
Arm Holdings plc (NASDAQ: ARMH);
AT&T Inc. (NYSE: T);
Atmel Corp. (NASDAQ: ATML);
AVAGO TECHNOLOGIES (NASDAQ: AVGO);
Benchmark Electronics Inc. (NYSE: BHE);
Broadcom Corporation (NASDAQ: BRCM);
BYD Co. Ltd.;
Celestica Inc. (NYSE: CLS);
China Mobile Ltd.;
China Unicom (Hong Kong) Ltd.;
CIENA Corporation (NASDAQ: CIEN);
Compal Communications Inc.;
Crown Castle Intl Corporation (NYSE: CCI);
CTS Corp. (NYSE: CTS);
Deutsche Telekom;
Elpida Memory;
L.N. Ericsson (NASDAQ: ERIC);
Flextronics International Ltd. (NASDAQ: FLEX);
Foxconn International Holdings Ltd.;
France Telecom SA;
Gemalto NV;
Google Inc. (NASDAQ: GOOG);
HTC Corporation;
Infineon Technologies AG;
Inventec Corp.;
KDDI Corp.;
KT Corp.;
Kyocera Corp.;
LG Electronics Inc.;
LSI Corporation (NYSE: LSI);
Marvell Technology Group Ltd. (NASDAQ: MRVL);
MAXIM INTEGRATED (NASDAQ: MXIM);
Micron Technology Inc. (NASDAQ: MU);
Mobile TeleSystems OJSC    (NYSE: MBT);
Motorola Solutions, Inc. (NYSE: MSI);
National Semiconductor (NYSE: NSM);
Nokia OYJ (NYSE: NOK);
NTT DOCOMO;
OmniVision Technologies Inc. (NASDAQ: OVTI);
On Semiconductor Corp. (NASDAQ: ONNN);
QUALCOMM Inc. (NASDAQ: QCOM);
Research in Motion Ltd. (NASDAQ: RIMM);
RF Micro Devices Inc. (NASDAQ: RFMD);
Samsung Electronics Co.;
Sanmina-SCI Corporation (NASDAQ: SANM);
SBA Communications Corp. (NASDAQ: SBAC);
Skyworks Solutions Inc. (NASDAQ: SWKS);
Softbank Corporation;
Sony Corp.;
Sprint Nextel Corporation (NYSE: S);
STMicroelectronics NV (NYSE: STM);
Synaptics Inc. (NASDAQ: SYNA);
Tekelec Inc. (NASDAQ: TKLC);
Telecom Italia SpA;
Telefonica SA;
Tellabs Inc. (NASDAQ: TLAB);
Texas Instruments Inc. (NYSE: TXN);
Toshiba Corporation;
Triquint Semiconductor    TQNT;
Verizon Communications Inc. (NYSE: VZ);
Vishay Intertechnology Inc. (NYSE: VSH);
Vivendi SA;
Vodafone Group plc (NYSE: VOD);
Wistron Corp.;
Xilinx Inc. (NASDAQ: XLNX);
ZTE Corp.;

The index value here only started this month and there is a small chart here to show its  performance.

JON C. OGG