First Trust Indxx Future Economy Metals UCITS ETF Class A USD Acc
METL.L
London Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 32 Molesworth Street Dublin Ireland D02 Y512
- IPO Date
- Jan 23, 2024
- Website
- ftglobalportfolios.com
- Similar Companies
- Business
- First Trust Indxx Future Economy Metals UCITS ETF Class A USD Acc (METL.L) is a UCITS-compliant exchange-traded fund managed by First Trust Global Portfolios that provides exposure to future economy metals through the Indxx-based index methodology, aiming to track the performance of a diversified basket of metals linked to emerging technologies and digital economy applications. The fund seeks to offer investors targeted access to metals essential for next-generation industries, including materials used in electric vehicles, energy storage, and advanced manufacturing, by tracking a defined index of metal-related equities and futures or commodity-linked instruments as per the UCITS framework. Main products and services - Investment product: METL.L UCITS ETF Class A USD Acc; index-tracking fund; aims to deliver exposure to future economy metals via Indxx methodology - Index methodology and tracking: Indxx-based index construction; rebalancing rules; commodity and equity exposure within the targeted metal themes - Fund administration and custody services: fund accounting; NAV calculation; unit creation/redemption; performance reporting; regulatory compliance under UCITS - Distribution and advisory services: marketing and distribution support to European investors; fund consultancy and product disclosures Latest major company changes - Strategic expansion of product suite through enhanced index methodology collaborations with Indxx to better capture exposure to future-oriented metals - Updates to fund documentation and regulatory filings to reflect UCITS compliance enhancements and operational tightening - Initiatives to broaden geographic distribution within Europe, including new intermediary partnerships and distributor agreements - Ongoing product refreshes to align with evolving metal demand in electrification, energy storage, and technology sectors Additional context - Industry and segments: exchange-traded funds; commodity-linked and equity-linked exposure; thematic investing in metals tied to the future economy - Target markets and customers: institutional and retail investors seeking thematic access to metals underpinning next-generation technologies - Geographic operations: Europe-focused distribution with UCITS structure; investor access across European Union jurisdictions - Founding year and headquarters: fund is offered under First Trust Global Portfolios; corporate headquarters aligned with the sponsor’s corporate structure in associated jurisdictions - Subsidiaries/parent relationships: part of First Trust Global Portfolios’ family of UCITS ETFs; leverages Indxx index methodology as a benchmark reference