First Trust Expands Thematic ETF Lineup With Equity And Innovation ETFs, EPRE & ILDR May 26, 2021
On Wednesday, First Trust Advisors L.P., a leading ETF provider and asset manager, announced the launch of two new actively managed ETFs, the
First Trust TCW ESG Premier Equity ETF (NYSE Arca: EPRE) and the
First Trust Innovation Leaders ETF (NYSE Arca: ILDR).
EPRE seeks to provide long-term capital appreciation by investing primarily in U.S. equity securities, emphasizing large capitalization companies that meet ESG criteria, as determined by TCW Investment Management Company LLC (TCW), the fund’s sub-advisor. Meanwhile, ILDR seeks to provide capital appreciation by investing at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation.
May 4, 2021
TCW Special Purpose Acquisition Corp., a $464 million blank check company sponsored by The TCW Group Inc., has appointed Nanxi Liu, co-founder and CEO of digital signage software company Enplug, to its advisory board, according to a press release. We are excited to welcome Nanxi to our advisory board, Joseph R. Shaposhnik, chairman and CEO, TCW Special Purpose Acquisition, said in the release. She is a highly successful technology entrepreneur and brings a unique perspective to the leaders of businesses and our impressive team of advisors and directors.