ETF Trends CEO Tom Lydon discussed the Fidelity New Millennium ETF (FMIL) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

The fund seeks long-term growth of capital. Normally investing primarily in equity securities. Identifying early signs of long-term changes in the marketplace and focusing on those companies that may benefit from opportunities created by these changes by examining technological advances, product innovation, economic plans, demographics, social attitudes, and other factors, which can lead to investments in small and medium-sized companies.