Innovative Technology, Series 22
Ticker Symbol: FNRVGX
|30 Holdings (As of Day of Deposit)
|Artificial Intelligence and Robotics (10.13%)
||Intuitive Surgical, Inc.
||Zebra Technologies Corporation
|Big Data (10.03%)
||International Business Machines Corporation
||Alexion Pharmaceuticals, Inc.
||Vertex Pharmaceuticals Incorporated
|Cloud Computing (23.29%)
||Cisco Systems, Inc.
||Palo Alto Networks, Inc.
||PayPal Holdings, Inc.
|Internet of Things (13.34%)
||Analog Devices, Inc.
|Social Networking (16.72%)
||Match Group, Inc.
||Tencent Holdings Limited
* As of the close of business on 3/14/19.
Market values are for reference only and are not indicative of your individual
|Not FDIC Insured Not Bank Guaranteed May Lose Value
|Initial Date of Deposit
|Initial Public Offering Price
||$10.00 per Unit
| Portfolio Ending Date
|Fee Accounts Cash CUSIP
|Fee Accounts Reinvestment CUSIP
|Sales Charges (based on a $10 public offering
|Transactional Sales Charges:
|Creation & Development Fee:
|Maximum Sales Charge:
The deferred sales charge will be deducted in three monthly installments commencing
When the public offering price equals $10.00 per unit, there will be no initial sales charge. If the price exceeds $10.00 per unit, you will pay an initial sales charge.
|Maximum Sales Charge:
The maximum sales charge for investors in fee accounts consists of the creation and development fee.
Investors in fee accounts are not assessed any transactional sales charges. Standard accounts sales charges
apply to units purchased as an ineligible asset.
The creation and development fee is a charge of $.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10 per unit, the creation and development fee will be less than 0.50%; if the price you pay is less than $10 per unit, the creation and development fee will exceed 0.50%.
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.
You should consider the portfolio's investment objective, 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.
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 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
You should be aware that the portfolio is concentrated in stocks
in the information technology sector which involves additional
risks, including limited diversification. 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 Internetrelated,
may experience extreme price and volume fluctuations
that are often unrelated to their operating performance.
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
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 developed, 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.
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 cyber security.