First Trust Launches the First Trust Bloomberg Nuclear Power ETF
TORONTO, Jan. 19, 2026 (GLOBE NEWSWIRE) -- FT Portfolios Canada Co. (“First Trust Canada”), announced today that it has launched units of First Trust Bloomberg Nuclear Power ETF (the “Fund” and “RCTR”). Units of the Fund will commence trading on the Toronto Stock Exchange today. The ticker symbol for the units is RCTR.
The First Trust Bloomberg Nuclear Power ETF (the “Fund”) seeks to replicate, to the extent possible, the performance of an index of companies that are exposed to nuclear power, net of expenses, initially the Bloomberg Nuclear Power Index. The Fund will provide exposure to the Index by holding securities of First Trust Bloomberg Nuclear Power ETF, a U.S.-listed index ETF managed by an affiliate of First Trust Canada. The Index measures the performance of companies based on their expected revenue exposure to nuclear-related activities, as well as operational and financial factors including a company’s ability to scale production, capital allocation trends, customer relationships, and access to capital. Companies must also belong to one or more of the following exposure categories within the Nuclear Power Ecosystem, as determined by Bloomberg Intelligence (“BI”): Power Generation, Uranium and Equipment & Engineering, Procurement and Construction (EPC).
“Power generation and energy consumption demand beyond what is even close to available currently, and for the foreseeable future, are two trends that are dominating the markets globally today. The current methods of power generation will not be able to supply the required amount of energy in the future. Nuclear power will have to make up a substantial amount of that shortfall in supply. This will require a significant build into the nuclear energy space. The First Trust Bloomberg Nuclear Power ETF will provide investors exposure to the building, growth and sustainability of nuclear energy production. At First Trust Canada we focus on providing Canadian investors with effective, innovative and timely investment strategies. RCTR is a unique ETF that provides exposure to the growth in the Nuclear Power Ecosystem, specifically in Power Generation, Uranium and Equipment & Engineering, Procurement and Construction (EPC),” said Nilesh Patel, Head of Distribution at First Trust Canada.
For further information: Media Contact: Nilesh Patel, FT Portfolios Canada Co., 40 King Street West, Suite 5102, email: nileshpatel@firsttrust.ca, 1-877-622-5552.
About First Trust
First Trust Canada is the trustee, manager and promoter of the fund. First Trust Canada and its affiliates First Trust Advisors L.P. (“FTA”), portfolio advisor to the fund, an Ontario Securities Commission registered portfolio manager and U.S. Securities and Exchange Commission registered investment advisor, and First Trust Portfolios L.P., a FINRA registered broker-dealer, are privately held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately U.S.$307.4 billion as of November 30, 2025 through exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. For more information, visit www.firsttrust.ca.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.