First Trust adds cybersecurity and biotechnology funds to European offering


London has seen the addition of two new thematic ETFs from First Trust, the USD127 billion US headquartered investment manager, which launched its first ETF in 2005. 

The First Trust Nasdaq UCITS Cybersecurity ETF (CIBR) and the First Trust NYSE Arca Biotechnology UCITS ETF (FBT) are listed on the London Stock Exchange and targeted at advisers, wealth managers and discretionary fund managers who want to capitalise on these timely trends. Both funds have a total expense ratio of 0.6 per cent, and are rebalanced quarterly.

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Beverly Chandler
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