First Trust Indxx Innovative Transaction & Process UCITS ETF

Issuer: First Trust

Asset Class: Equity

TER: 65bps

Trading Currency: USD

Pays Income: False

Listing Date: 10 Apr 2018

Ticker: LEGR

ISIN: IE00BF5DXP42

This financial product offers a focused approach to investing in the ever-evolving technology sector. It is an actively managed fund designed to provide long-term capital growth by investing in a global portfolio of companies that are at the forefront of technological innovation. The investment strategy is not tied to a specific benchmark, allowing the managers the flexibility to seek out what they believe are the most compelling opportunities across various technology-related themes. These themes can include areas such as cybersecurity, cloud computing, big data and analytics, artificial intelligence, financial technology (fintech), e-commerce infrastructure, and the Internet of Things.

The portfolio construction relies on a bottom-up security selection process, where the investment adviser identifies companies with the potential for significant long-term growth driven by their innovative products, services, or business models. By actively selecting securities, the fund aims to build a concentrated portfolio of what it considers to be high-conviction ideas. This active management allows the fund to be nimble and adapt its holdings as new technological trends emerge and market conditions change.

This investment is geared towards individuals looking for dedicated exposure to high-growth potential within the global technology landscape. It may appeal to those who believe that an active, research-driven approach is better suited to navigate the dynamic and often disruptive nature of the tech industry compared to a passive, index-tracking strategy. Investors should be prepared for the higher volatility typically associated with technology stocks and concentrated portfolios.