The First Trust Nasdaq Cybersecurity UCITS ETF (CBRS) is an Ireland-domiciled thematic equity ETF managed by First Trust. CBRS represents a EUR trading line of the fund in the European market.

The fund seeks to track the Nasdaq CTA Cybersecurity Index, a benchmark comprising companies involved in the cybersecurity segment of the technology and industrial sectors.

CBRS follows a passive investment strategy and uses full physical replication. The portfolio therefore invests directly in the companies represented in the benchmark with the objective of tracking its performance.

The Nasdaq CTA Cybersecurity Index includes companies primarily involved in building, implementing, and managing security protocols designed to protect the integrity of data and network operations. These solutions are applied across public and private networks, computers, mobile devices, and other digital infrastructure.

Composition / Exposure Profile

CBRS holds companies involved in different areas of cybersecurity, including:

• Network and systems security.

• Data protection.

• Cybersecurity software and services.

• Security protocol management.

• Computer and mobile device protection.

• Digital infrastructure security.

Eligible companies are classified as cybersecurity companies by the Consumer Technology Association (CTA) and must also meet additional size, liquidity, and trading requirements established by the index methodology.

The fund provides global exposure, although the United States represents a predominant portion of the portfolio. Companies from other markets can also be included as long as they meet the benchmark's eligibility requirements.

Structure and Costs

The fund and share class have the U.S. dollar as their base currency. CBRS represents a EUR trading line, while CIBR is used for USD trading on the London Stock Exchange. The trading currency does not change the portfolio's underlying economic exposure or provide currency hedging.

The ETF has a total expense ratio (TER) of 0.60% per year, uses full physical replication, and is domiciled in Ireland under the UCITS framework.

CBRS follows an accumulating income policy. Dividends received from portfolio companies are therefore reinvested within the fund rather than periodically distributed to shareholders.

History and Evolution of the ETF

The First Trust Nasdaq Cybersecurity UCITS ETF Class A USD (Acc) was launched in 2020 to provide exposure to the global cybersecurity industry through a passive investment strategy.

Since its launch, the fund has maintained a strategy linked to the Nasdaq CTA Cybersecurity Index, tracking companies specializing in the protection of data, networks, devices, and digital infrastructure.

Throughout its history, the fund's performance has reflected factors including expanding digitalization, cloud adoption, evolving cyber threats, and increased corporate and government investment in digital security.

Additional Information

First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Acc (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $1.47 billion.

Over the past 12 months, First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Acc recorded a return of 0.00%, with its price trading between $0.00 and $38.94 during the same period.

The ETF is traded under the ticker CBRS.