Description

The First Trust RBA American Industrial Renaissance ETF (AIRR) endeavors to mirror the performance of the Richard Bernstein Advisors American Industrial Renaissance Index, including both capital growth and income, prior to the deduction of the fund's own fees and expenses. Typically, it invests at least 90% of its net assets (along with any borrowed capital for investment) into U.S. stock holdings that constitute this Index. The Index itself is constructed to measure the financial performance of small and medium-sized American businesses within the industrial and community banking sectors.