First Trust Launches the First Trust Bloomberg Nuclear Power ETF

Executive Summary

• First Trust Canada launched the First Trust Bloomberg Nuclear Power ETF (ticker RCTR) on the Toronto Stock Exchange.
• The fund seeks to track the Bloomberg Nuclear Power Index, providing exposure to companies involved in nuclear power generation, uranium, and related equipment & engineering.
• Units of the new ETF began trading immediately upon launch.

Key Details

• Fund Name: First Trust Bloomberg Nuclear Power ETF (the “Fund”).
• Ticker Symbol: RCTR (Toronto Stock Exchange).
• Launch Date: Trading commenced on 19 January 2026.
• Investment Objective: Replicate, to the extent possible, the performance of the Bloomberg Nuclear Power Index, net of expenses.
• Index Composition: Companies with revenue exposure to nuclear‑related activities and meeting Bloomberg Intelligence criteria in Power Generation, Uranium, and Equipment & Engineering/Procurement & Construction (EPC).
• Structure: The Canadian ETF holds securities of a U.S.-listed index ETF managed by an affiliate of First Trust Canada to achieve the desired exposure.
• Management: Trustee/manager – FT Portfolios Canada Co.; portfolio advisor – First Trust Advisors L.P. (registered with OSC and SEC); broker‑dealer – First Trust Portfolios L.P. (FINRA registered).
• Assets Under Management (AUM) of Advisor: Approximately US $307.4 billion as of 30 Nov 2025.

Notable Quotes

“Power generation and energy consumption demand beyond what is even close to available currently… Nuclear power will have to make up a substantial amount of that shortfall in supply… The First Trust Bloomberg Nuclear Power ETF will provide investors exposure to the building, growth and sustainability of nuclear energy production.” – Nilesh Patel, Head of Distribution, First Trust Canada.