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First Trust Bloomberg R&D Leaders ETF

RND tracks a market cap-weighted index of 30-50 US stocks with substantial expenditures dedicated to research and development.

On Wednesday, First Trust announced the launch of the First Trust Bloomberg R&D Leaders ETF (RND). RND has a net expense ratio of 0.60%.

New First Trust ETF Focuses on R&D Growth

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust Bloomberg R&D Leaders ETF (NYSE Arca: RND) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Bloomberg R&D Leaders Select Index (the “Index”). RND provides exposure to companies.

First Trust Launches First Trust Bloomberg R&D Leaders ETF

News for First Trust Bloomberg R&D Leaders ETF ETF (RND)