First Trust has announced the listing of four additional funds on the London Stock Exchange.
The firm writes that this builds on First Trust’s existing presence on the exchange, bringing the total number of funds available to UK investors to 46. The new ETFs are: First Trust Vest U.S. Equity Max Buffer UCITS ETF – June (“MJUN”)
MJUN is an actively managed Fund which seeks to provide investors with returns (before fees and expenses) that match the price return of the S&P 500 Index up to a predetermined upside cap, while seeking to provide the maximum available buffer (before fees and expenses) against S&P 500 Index losses over approximately a specified one year period. MJUN can be held indefinitely, resetting at the end of each outcome period (approximately annually). MJUN is available in GBP and USD trading currencies.
First Trust Rising Dividend Achievers UCITS ETF (“RDVY”)
RDVY is a passively managed index-tracking fund that seeks to provide investors with investment results that correspond generally to the price and yield of the Nasdaq US Rising Dividend Achievers Index before fees and expenses. RDVY focuses on US large cap companies with a history of raising their dividends and which exhibit certain characteristics which may enable them to continue to do so in the future.
First Trust RBA American Industrial Renaissance UCITS ETF (“AIRR”)
AIRR is a passively managed index-tracking fund that seeks to provide investors with investment results that correspond generally to the price and yield of the RBA American Industrial Renaissance Index before fees and expenses. AIRR aims to provide exposure to mid and small-cap American industrial companies focused on U.S. infrastructure, manufacturing, transportation and related services such as banking. Companies selected must be expected to be profitable and derive a minimum of 75 per cent revenues from the US.
First Trust Nasdaq Clean Edge Global Water UCITS ETF (“H2O”)
H2O is a passively managed index-tracking fund that seeks to provide investors with investment results that correspond generally to the price and yield of the Nasdaq Clean Edge Global Water Index before fees and expenses. H2O provides exposure to companies that derive a substantial portion of their revenues from: water distribution, ancillary services such as consulting, construction and metering, infrastructure (pumps, pipes, and valves) and water solutions (purification and filtration).
“We are thrilled to introduce these four ETFs to the London Stock Exchange,” says Rupert Haddon, Managing Director at First Trust Global Portfolios. “From offering a level of downside protection through our Target Outcome Buffer Series to tapping into themes like the US industrial renaissance and sustainable water solutions, these listings enhance access for UK investors to innovative investment opportunities.”
