First Trust RBA American Industrial Renaissance UCITS ETF
| Issuer: First Trust |
| Asset Class: Equity |
| TER: 65bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 13 Aug 2025 |
| Ticker: AIRR |
| ISIN: IE000U6ABUJ7 |
This fund is designed to offer investors exposure to a portfolio of US-listed companies poised to benefit from the theme of an American industrial renaissance. The core investment thesis is centered around the resurgence of domestic manufacturing, driven by trends such as onshoring, reshoring, and increased infrastructure spending. The strategy leverages the expertise of Richard Bernstein Advisors (RBA) to identify companies within the industrial and community banking sectors that are well-positioned to capitalize on this structural shift in the US economy. By focusing on these specific areas, the fund aims to provide a targeted investment vehicle that goes beyond broad market indices.
The underlying benchmark, the Richard Bernstein Advisors American Industrial Renaissance Index, employs a rules-based methodology to select its constituents. It screens a universe of US-listed equities to identify companies that generate a significant portion of their revenue from industrial activities, including manufacturing, engineering, chemicals, and transportation. A distinctive feature of the index is its inclusion of select community banks, which are considered crucial for financing the growth of smaller and mid-sized industrial enterprises at a local level. This combination of industrial corporations and their financial enablers provides a comprehensive approach to capturing the full ecosystem of the industrial revival theme. The index is reconstituted and rebalanced periodically to maintain its relevance.
This product is suitable for investors seeking a thematic allocation within their US equity portfolio who hold a positive outlook on the long-term prospects of American industry. It offers a unique and diversified way to invest in the potential revitalization of the nation's manufacturing base. By providing access to a curated basket of industrial leaders and the regional financial institutions that support them, the fund presents a compelling opportunity for those looking to align their investments with the macroeconomic trend of domestic industrial growth and supply chain reconfiguration. It serves as a tactical tool for capturing growth potential that may not be fully represented in traditional market-cap-weighted indices.
