Cybersecurity, 18  Ticker: FJRNKX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in companies that have been identified for their growing involvement in the cybersecurity industry.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: CYSE18
Portfolio Status: Secondary
Initial Offer Date: 11/22/2019
Secondary Date: 02/21/2020
Portfolio Ending Date: 11/22/2021
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $11.5123
POP(*): $11.7773
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 07/02/2020 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.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 0.00%
Consumer Discretionary  Consumer Discretionary 0.00%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 0.00%
Financials  Financials 0.00%
Health Care  Health Care 0.00%
Industrials  Industrials 0.00%
Information Technology  Information Technology 100.00%
Materials  Materials 0.00%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.00%
 
  Large Mid Small  
Growth  34.89% 41.72% 20.31%  
Value  0.00% 3.08% 0.00%  

 Style Weighting
Large-Cap Growth 34.89%
Large-Cap Value 0.00%
Mid-Cap Growth 41.72%
Mid-Cap Value 3.08%
Small-Cap Growth 20.31%
Small-Cap Value 0.00%
Undetermined 0.00%
 Composition
U.S. Stocks 87.45%   Other 0.00%
Non-U.S. Stocks 12.55%      
The style and sector characteristics of the portfolio are determined as of 07/02/2020 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $20,655.41
Price/Book 8.76
As of 7/2/2020
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Zscaler, Inc. ZS Information Technology  Information Technology Mid-Cap Growth 8.06%
 CrowdStrike Holdings, Inc. (Class A) CRWD Information Technology  Information Technology Large-Cap Growth 6.66%
 Everbridge, Inc. EVBG Information Technology  Information Technology Mid-Cap Growth 5.74%
 Okta, Inc. OKTA Information Technology  Information Technology Large-Cap Growth 5.35%
 Splunk Inc. SPLK Information Technology  Information Technology Large-Cap Growth 5.26%
 Fortinet, Inc. FTNT Information Technology  Information Technology Large-Cap Growth 4.45%
 Varonis Systems, Inc. VRNS Information Technology  Information Technology Small-Cap Growth 4.33%
 Akamai Technologies, Inc. AKAM Information Technology  Information Technology Mid-Cap Growth 4.30%
 Qualys, Inc. QLYS Information Technology  Information Technology Mid-Cap Growth 3.98%
 Fair Isaac Corporation FICO Information Technology  Information Technology Mid-Cap Growth 3.92%
 SailPoint Technologies Holdings, Inc. SAIL Information Technology  Information Technology Small-Cap Growth 3.78%
 VeriSign, Inc. VRSN Information Technology  Information Technology Large-Cap Growth 3.70%
 Leidos Holdings, Inc. LDOS Information Technology  Information Technology Mid-Cap Growth 3.45%
 Cisco Systems, Inc. CSCO Information Technology  Information Technology Large-Cap Growth 3.39%
 Radware Ltd. RDWR Information Technology  Information Technology Small-Cap Growth 3.35%
 Mimecast Limited MIME Information Technology  Information Technology Small-Cap Growth 3.26%
 F5 Networks, Inc. FFIV Information Technology  Information Technology Mid-Cap Growth 3.24%
 Rapid7, Inc. RPD Information Technology  Information Technology Small-Cap Growth 3.22%
 Check Point Software Technologies Ltd. CHKP Information Technology  Information Technology Mid-Cap Growth 3.11%
 Palo Alto Networks, Inc. PANW Information Technology  Information Technology Large-Cap Growth 3.10%
 Proofpoint, Inc. PFPT Information Technology  Information Technology Mid-Cap Growth 3.09%
 CACI International Inc. CACI Information Technology  Information Technology Mid-Cap Value 3.08%
 VMware, Inc. VMW Information Technology  Information Technology Large-Cap Growth 2.98%
 CyberArk Software Ltd. CYBR Information Technology  Information Technology Mid-Cap Growth 2.83%
 FireEye, Inc. FEYE Information Technology  Information Technology Small-Cap Growth 2.37%
 
Total Number of Holdings:    25
Underlying Securities information represented above is as of 07/02/2020 but will vary with future fluctuations in the market.

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.

COVID-19 Economic Impact Risk. The recent outbreak of a respiratory disease designated as COVID-19 was first detected in China in December 2019. The global economic impact of the COVID-19 outbreak is impossible to predict but is expected to disrupt manufacturing, supply chains and sales in affected areas and negatively impact global economic growth prospects. The COVID-19 outbreak has also caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of the COVID-19 outbreak may be short term or may last for an extended period of time, and in either case could result in a substantial economic downturn or recession.

Cybersecurity Risk. Cybersecurity companies are subject to the risks set forth in "Information Technology". In addition to their cybersecurity business, certain of these companies may be involved in other businesses unrelated to cybersecurity. Negative performance by a company's other business operations may have a negative effect on a company's stock performance, even in situations in which they are deriving positive results from their cybersecurity business.

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.

Small-Cap and Mid-Cap Risk. An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap companies and certain mid-cap companies are often more volatile than those of larger companies due to several factors, including limited trading volumes, products, financial resources, management inexperience and less publicly available information.

Technology Risk. The companies engaged in the information technology sector are subject to fierce competition, high research and development costs, and their products and services may be subject to rapid obsolescence. Technology company stocks, especially those which are Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their operating performance.

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.

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 professional 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.