Richard Bernstein Advisors ("RBA") believes the U.S. industrial sector may continue gaining global market share over the next decade as a result of deglobalization, potentially making the American Industrial Renaissance® an investment theme for many years to come.
"The American Industrial Renaissance has proven to be an exceptionally successful investment theme, as evidenced AIRR surpassing $3 billion in net assets," said Richard Bernstein, CEO, CIO at Richard Bernstein Advisors. "Despite this achievement, the critical need for the U.S. to invest in manufacturing—both to safeguard economic independence and bolster national security—remains widely underappreciated. This underscores the American Industrial Renaissance's potential as a compelling long-term investment opportunity."
"In our view, one of the most intriguing aspects of this theme is how little attention it has received from investors," said Ryan Issakainen, CFA, Senior Vice President and ETF Strategist at First Trust. "Not only in light of its strong performance over the past decade, but more importantly, how well we believe it’s positioned for the next several years."
| Performance (%) | 1 Year | 5 Year | 10 Year | Since Fund Inception |
| Net Asset Value* | 33.43 | 21.70 | 15.70 | 13.56 |
| Market Price* | 33.24 | 21.70 | 15.69 | 13.56 |
| Richard Bernstein Advisors American Industrial Renaissance® Index** | 34.45 | 22.61 | 16.57 | 14.42 |
| S&P 500® Industrials Index** | 17.47 | 12.03 | 10.75 | 10.80 |
| Russell 2500® Index** | 12.00 | 8.77 | 8.85 | 8.50 |
| S&P 500® Index** | 25.02 | 14.53 | 13.10 | 13.19 |
Performance data quoted represents past performance. Past performance is not a guarantee of future results and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than their original cost. You can obtain performance information which is current through the most recent month-end by visiting www.ftportfolios.com.
Inception Date: 3/10/2014. Total Expense Ratio: 0.70%.
*NAV returns are based on the fund’s net asset value which represents the fund’s net assets (assets less liabilities) divided by the fund’s outstanding shares. Market Price returns are determined by using the midpoint of the national best bid offer price ("NBBO") as of the time that the fund's NAV is calculated. Returns are average annualized total returns.
**Performance information for each listed index is for illustrative purposes only and does not represent actual fund performance. Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.
1Source: Morningstar, based on net assets under management from AIRR inception date of 3/10/2014 through 12/31/2024.
For more information about First Trust, please contact Ryan Issakainen at (630) 765-8689 or RIssakainen@FTAdvisors.com.
About First Trust
First Trust is a federally registered investment advisor and serves as the fund’s investment advisor. First Trust and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately held companies that provide a variety of investment services. First Trust has collective assets under management or supervision of approximately $256 billion as of December 31, 2024, through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. First Trust is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. First Trust and FTP are based in Wheaton, Illinois. For more information, visit https://www.ftportfolios.com.
About Richard Bernstein Advisors
Richard Bernstein Advisors LLC is a global macro multi-asset investment manager with a broad range of products across global equity and fixed income markets. Founded in 2009, RBA manages approximately $16 billion in client assets today, including several prominent pension plans, corporations and foundations, as well as financial advisors and high net worth individuals. RBA acts as sub-advisor for the Eaton Vance Richard Bernstein Equity Strategy Fund and the Eaton Vance Richard Bernstein All-Asset Strategy Fund and offers income and theme-oriented unit trusts and ETFs through First Trust. RBA's investment insights as well as further information about the firm and products can be found at www.rbadvisors.com.
You should consider a fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact First Trust Portfolios L.P. at 1-800-621-1675 or visit www.ftportfolios.com to obtain a prospectus or summary prospectus which contains this and other information about a fund. The prospectus or summary prospectus should be read carefully before investing.
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The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Richard Bernstein Advisors and Richard Bernstein Advisors American Industrial Renaissance® Index ("Index") are trademarks and trade names of Richard Bernstein Advisors ("RBA"). The Fund is not sponsored, endorsed, sold or promoted by RBA and RBA makes no representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of trading in the Fund. RBA's only relationship to First Trust is the licensing of certain trademarks and trade names of RBA and of the Index, which is determined and composed by RBA without regard to First Trust or the Fund. RBA has no obligation to take the needs of First Trust or the owners of the Fund into consideration in determining or composing the Index. RBA is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Fund to be listed or in the determination or calculation of the equation by which the Fund is to be converted into cash. RBA has no obligation or liability in connection with the administration, marketing or trading of the Fund.
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S&P 500® Industrials Index - The Index is an unmanaged index which includes the stocks in the industrials sector of the S&P 500 Index.
Russell 2500® Index - The Index is an unmanaged market-cap weighted index that includes the smallest 2,500 companies from the Russell 3000 Index.
S&P 500® Index - The Index is an unmanaged index of 500 companies used to measure large-cap U.S. stock market performance.
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Contacts
Ryan Issakainen
First Trust
(630) 765-8689
RIssakainen@FTAdvisors.com
