November 18, 2009 (FinancialWire) — The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ), Clean Edge, Inc., and First Trust Advisors L.P. have announced the launch of a new exchange traded fund – the First Trust NASDAQ(R) Clean Edge(R) Smart Grid Infrastructure Index Fund (NASDAQ: GRID). It is based on the NASDAQ(R) Clean Edge(R) Smart Grid Infrastructure Index(SM) (NASDAQ: QGRD), a benchmark for the smart grid and electric infrastructure sector. The ETF is managed by First Trust Advisors L.P. and listed on NASDAQ(R).

QGRD is a modified market-capitalization index and includes companies that are primarily involved in electric grid; electric meters, devices and networks; energy storage and management; and enabling software used by the smart grid and electric infrastructure sector.

First Trust’s ETF, GRID, is designed to correspond to the price and yield performance of the index on which it is based. ETFs are financial products that trade like shares of stock and can be bought and sold throughout the trading day.

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Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). Tuesday’s issued reports and/or recorded webcasts include Cavico Corp. (OTCBB: CVIC), Thornburg Ltd. Term Income Fund (NASDAQ: THIFX), Apache Corp. (NYSE: APA), Baytex Energy Trust (NYSE: BTE), Citizens, Inc. (NYSE: CIA), Scottish Oriental Smaller Companies Trust PLC (OTC: SCSHF) (London Stock Exchange: SOST), JPMorgan Elect Plc (London Stock Exchange: JPE) and Solitario Exploration & Royalty Corp. (AMEX: XPL).

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