A blue-chip approach to the blockchain theme

First Trust ETF focuses on large businesses adopting the new technology, rather than start-ups, says Karl Cheong.

Christian Charest 18 May, 2018 | 5:00PM

 

 

Christian Charest: For Morningstar, I'm Christian Charest. There has been a lot of buzz around blockchain not just in the tech world but in the investment world as well. Here in Canada, there are already three exchange-traded funds that focus on blockchain technologies. And one of those is First Trust Indxx Innovative Transaction & Process ETF, symbol BLCK, which was launched in March. I'm here today Karl Cheong, Director and Head of Distribution at First Trust Canada.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Intel Corp65.41 USD-4.18
International Business Machines Corp134.59 USD-0.84
Walmart Inc139.80 USD0.01

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Christian Charest

Christian Charest  

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