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International Capital Strength, 42  Ticker: FPNCLX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in a portfolio of U.S. traded foreign companies which have strong balance sheets.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: INCS42
Portfolio Status: Secondary
Initial Offer Date: 04/23/2019
Secondary Date: 07/22/2019
Portfolio Ending Date: 04/23/2021
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.1369
POP(*): $10.3702
Remaining Deferred Sales Charge: $0.0750
* As of Trade Date: 10/15/2019 4:00pm ET
The Public Offering Price (POP) represents the net asset value per unit plus any applicable organization costs and sales charges. The Net Asset Value (NAV) represents the value per unit of a trust’s portfolio securities and other assets reduced by applicable deferred sales charges and other liabilities.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 10/15/2019) Per Unit (as of 10/14/2019)
1.71% $0.17730
^There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. The historical 12-month distribution per unit is based on the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio. The historical 12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust's offering price. The historical 12-month distribution and rate are reduced to account for the effects of fees and expenses, which will be incurred when investing in a trust. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital. PLEASE NOTE: For trusts that hold preferred securities, the historical distribution rate is calculated using only the holdings that have 12 months of distribution history. Any holdings without a 12 month history of dividends were excluded from the calculation. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit and rate paid by the trust may be higher or lower than the amount shown above due to certain factors that may include, but are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the sale of securities in the portfolio.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 2.68%
Consumer Discretionary  Consumer Discretionary 20.20%
Consumer Staples  Consumer Staples 12.67%
Energy  Energy 0.00%
Financials  Financials 9.86%
Health Care  Health Care 17.57%
Industrials  Industrials 9.74%
Information Technology  Information Technology 21.02%
Materials  Materials 5.65%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.61%
 
  Large Mid Small  
Growth  60.97% 0.00% 0.00%  
Value  32.43% 5.99% 0.00%  

 Style Weighting
Large-Cap Growth 60.97%
Large-Cap Value 32.43%
Mid-Cap Growth 0.00%
Mid-Cap Value 5.99%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.61%
 Composition
U.S. Stocks 0.00%   Other 0.61%
Non-U.S. Stocks 99.39%      
The style and sector characteristics of the portfolio are determined as of 10/15/2019 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $123,459.76
Weighted Average Price/Earnings 16.60
Weighted Average Price/Book 3.77
As of 10/15/2019
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 ASML Holding N.V. ASML Information Technology  Information Technology Large-Cap Growth 4.10%
 CSL Limited (ADR) CSLLY Health Care  Health Care Large-Cap Growth 3.94%
 Sony Corporation (ADR) SNE Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.90%
 adidas AG (ADR) ADDYY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.82%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Value 3.63%
 Nestle S.A. (ADR) NSRGY Consumer Staples  Consumer Staples Large-Cap Growth 3.57%
 Roche Holding AG (ADR) RHHBY Health Care  Health Care Large-Cap Growth 3.54%
 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) TSM Information Technology  Information Technology Large-Cap Growth 3.54%
 BAE Systems Plc (ADR) BAESY Industrials  Industrials Large-Cap Value 3.54%
 SAP SE (ADR) SAP Information Technology  Information Technology Large-Cap Growth 3.52%
 Aon Plc AON Financials  Financials Large-Cap Growth 3.51%
 Novo Nordisk A/S (ADR) NVO Health Care  Health Care Large-Cap Growth 3.47%
 LVMH Moet Hennessy Louis Vuitton SE (ADR) LVMUY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.37%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 3.31%
 TE Connectivity Ltd. TEL Information Technology  Information Technology Large-Cap Value 3.31%
 Ingersoll-Rand Plc IR Industrials  Industrials Large-Cap Value 3.28%
 Infosys Limited (ADR) INFY Information Technology  Information Technology Large-Cap Growth 3.24%
 Royal Bank of Canada RY Financials  Financials Large-Cap Value 3.20%
 Unilever Plc (ADR) UL Consumer Staples  Consumer Staples Large-Cap Growth 3.17%
 Diageo Plc (ADR) DEO Consumer Staples  Consumer Staples Large-Cap Growth 3.16%
 The Toronto-Dominion Bank TD Financials  Financials Large-Cap Value 3.15%
 Aptiv Plc APTV Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.11%
 Magna International Inc. (Class A) MGA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.00%
 Alibaba Group Holding Limited (ADR) BABA Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.00%
 Jazz Pharmaceuticals Plc JAZZ Health Care  Health Care Mid-Cap Value 2.99%
 LyondellBasell Industries N.V. LYB Materials  Materials Large-Cap Value 2.98%
 Canadian National Railway Company CNI Industrials  Industrials Large-Cap Growth 2.92%
 British American Tobacco Plc (ADR) BTI Consumer Staples  Consumer Staples Large-Cap Value 2.77%
 Tencent Holdings Limited (ADR) TCEHY Communication Services  Communication Services Large-Cap Growth 2.68%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 2.67%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 10/15/2019 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 August 20, 2019
$0.07500 September 20, 2019
$0.07500 October 18, 2019

Risk Considerations

Equity Risk. An investment in a portfolio containing common stocks is subject to certain risks, 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.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

Buy & Hold Risk – Taxable Trusts. This UIT is a buy and hold strategy and investors should consider their ability to hold the trust until maturity. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

Consumer Products Risk. The companies engaged in the consumer products sector are subject to global competition, changing government regulations and trade policies, currency fluctuations, and the financial and political risks inherent in producing products for foreign markets.

Emerging Markets Risk. 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.

Foreign Securities Risk. An investment in securities of foreign issuers should be made with an understanding of the additional risks involved, such as currency fluctuations, political risk, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

Volatility Risk. 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.

Operational Risk. As the use of Internet technology has become more prevalent in the course of business, the trust has become more susceptible to potential operational risks through breaches in cybersecurity.

All data used for the sector and style classification comparisons is from Bloomberg Finance L.P, which we believe to be reliable, but do not take responsibility for its accuracy.

The style and capitalization characteristics used to describe the stocks are designed to help you understand how they fit into your overall investment plan. Due to changes in the value of the stocks the characteristics may vary over time. In general, growth stocks have high relative price-to-book ratios while value stocks have low relative price-to-book ratios. In determining market capitalization characteristics, we analyze the market capitalizations of the 3,000 largest stocks in the U.S. (excluding foreign securities, ADRs, limited partnerships and regulated investment companies) on a monthly basis. Companies with market capitalizations among the largest 10% are considered Large-Cap securities, the next 20% are considered Mid-Cap securities and the remaining securities are considered Small-Cap securities.

You should carefully consider the trust's investment objectives, risks, and charges and expenses 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 trust. Read it carefully before you invest.

This product information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state to any person to whom it is not lawful to make such an offer. Sales of any of these securities must include prospectus delivery and the services of a retail broker/dealer duly licensed in the appropriate states.

Not FDIC Insured, Not Bank Guaranteed and May Lose Value.

Fund Cusip Information
302652425 (Cash)
302652433 (Reinvest)
302652441 (Cash-Fee)
302652458 (Reinvest-Fee)
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The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA.
First Trust Advisors L.P.
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