International Capital Strength Portfolio, Series 15

The International Capital Strength Portfolio provides a convenient way to add an international dimension to your investment portfolio, significantly expanding your investment opportunities and potentially enhancing your overall return.

Consider These Factors

• According to the International Monetary Fund, world GDP growth is estimated to be 3.5% in 2013 and 4.1% in 2014 compared to U.S. GDP growth of 2.0% and 3.0%.
  
  
• In 16 of the 30 calendar years from 1983 to 2012, the MSCI World Index outperformed the S&P 500 Index.1 The MSCI World Index is an unmanaged index that measures the performance of securities listed on the exchanges in the U. S., Europe, Canada, Australia, New Zealand and the Far East. The S&P 500 Index is an unmanaged index of 500 stocks used to measure large-cap U.S. stock market performance. The indexes cannot be purchased directly by investors.
  
  
• In 2005, the number of U.S. companies on the Fortune Global 500, a list of the world's 500 largest companies by revenues, stood at 176. In 2011, that number decreased to 133.²

¹ Bloomberg
² CNNMoney.com

Portfolio Selection Process

Through our selection process we seek to find the stocks that we believe have the best prospects for above-average capital appreciation.

Identify the Universe
The first step in our selection process is to identify the universe of stocks from which we will select the portfolio. We begin by selecting stocks of foreign companies that trade on a U.S. stock exchange either directly or through an American Depositary Receipt.

Screen For Financial Strength
The next step in our process is to evaluate companies based on multiple factors. These factors are designed to identify those stocks which exhibit strong fundamental characteristics and to eliminate those that do not meet our investment criteria.

Examine Historical Financial Results
The next step in our process is to look for those companies that have earned a net cash flow return on investment that is above the average of their peers. Historically, companies that have increased their cash flows at a higher rate have rewarded shareholders with superior total returns.

Select Companies with Attractive Valuations for the Portfolio
The final step in our process is to select companies based on the fundamental analysis of our team of research analysts. The stocks selected for the portfolio are those that meet our investment objective, trade at attractive valuations, and in our opinion, are likely to exceed market expectations of future cash flows.

Portfolio Objective

This unit investment trust seeks above-average capital appreciation; however, there is no assurance the objective will be met. The portfolio terminates approximately two years from the initial date of deposit.

You should consider the portfolio's investment objectives, risks, and charges and expenses carefully before investing. Contact your financial advisor or call First Trust Portfolios, L.P. at 1.800.621.1675 to request a prospectus, which contains this and other information about the portfolio. Read it carefully before you invest.

Risk Considerations:
An investment in this unmanaged unit investment trust should be made with an understanding of the risks involved with owning common stocks, such as an economic recession and the possible deterioration of either the financial condition of the issuers of the equity securities or the general condition of the stock market.

An investment in a portfolio containing equity securities of foreign issuers is subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers. Risks associated with investing in foreign securities may be more pronounced in emerging markets where the securities markets are substantially smaller, less liquid, less regulated and more volatile than the U.S. and developed foreign markets.

The value of the securities held by the trust may be subject to steep declines or increased volatility due to changes in performance or perception of the issuers.