First Trust Updates Investment Strategies, Name, and Other Aspects of First Trust EIP Carbon Impact ETF
Fund Name and Strategy Change: First Trust Advisors L.P. announced that the First Trust EIP Carbon Impact ETF will change its name to the First Trust EIP Power Solutions ETF and its ticker to FPWR, effective September 5, 2025. The fund will now focus on investing at least 80% of its net assets in equity securities of companies identified as Power Solutions Companies.
Investment Philosophy Update: The fund's investment strategies have been revised to include contracted developers and owners of nuclear energy systems, emphasizing companies involved in the generation, transmission, and improvement of electric power systems.
Investment Advisory Information: First Trust Advisors L.P. serves as the investment advisor for the fund, managing approximately $281 billion in assets as of July 31, 2025. The firm provides various investment services through its affiliates.
Caution on Forward-Looking Statements: The press release includes forward-looking statements that reflect the expectations and plans of First Trust Advisors, cautioning investors about the inherent risks and uncertainties that may affect actual results.
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First Trust Updates Investment Strategies, Name, and Other Aspects of First Trust EIP Carbon Impact ETF
Fund Name and Strategy Change: First Trust Advisors L.P. announced that the First Trust EIP Carbon Impact ETF will change its name to the First Trust EIP Power Solutions ETF and its ticker to FPWR, effective September 5, 2025. The fund will now focus on investing at least 80% of its net assets in equity securities of companies identified as Power Solutions Companies.
Investment Philosophy Update: The fund's investment strategies have been revised to include contracted developers and owners of nuclear energy systems, emphasizing companies involved in the generation, transmission, and improvement of electric power systems.
Investment Advisory Information: First Trust Advisors L.P. serves as the investment advisor for the fund, managing approximately $281 billion in assets as of July 31, 2025. The firm provides various investment services through its affiliates.
Caution on Forward-Looking Statements: The press release includes forward-looking statements that reflect the expectations and plans of First Trust Advisors, cautioning investors about the inherent risks and uncertainties that may affect actual results.
First Trust Updates Investment Strategies, Name, and Other Aspects of First Trust EIP Carbon Impact ETF
Fund Name and Strategy Change: First Trust Advisors L.P. announced that the First Trust EIP Carbon Impact ETF will change its name to the First Trust EIP Power Solutions ETF and its ticker to FPWR, effective September 5, 2025. The fund will now focus on investing at least 80% of its net assets in equity securities of companies identified as Power Solutions Companies.
Investment Philosophy Update: The fund's investment strategies have been revised to include contracted developers and owners of nuclear energy systems, emphasizing companies involved in the generation, transmission, and improvement of electric power systems.
Investment Advisory Information: First Trust Advisors L.P. serves as the investment advisor for the fund, managing approximately $281 billion in assets as of July 31, 2025. The firm provides various investment services through its affiliates.
Caution on Forward-Looking Statements: The press release includes forward-looking statements that reflect the expectations and plans of First Trust Advisors, cautioning investors about the inherent risks and uncertainties that may affect actual results.
