First Trust Expands Thematic ETF Lineup With Equity And Innovation ETFs, EPRE & ILDR May 26, 2021 On Wednesday, First Trust Advisors L.P., a leading ETF provider and asset manager, announced the launch of two new actively managed ETFs, the First Trust TCW ESG Premier Equity ETF (NYSE Arca: EPRE) and the First Trust Innovation Leaders ETF (NYSE Arca: ILDR). EPRE seeks to provide long-term capital appreciation by investing primarily in U.S. equity securities, emphasizing large capitalization companies that meet ESG criteria, as determined by TCW Investment Management Company LLC (TCW), the fund’s sub-advisor. Meanwhile, ILDR seeks to provide capital appreciation by investing at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation.