The S&P Target 24 Portfolio, 1st Quarter 2020 Series
Ticker Symbol: FLXQGX
|24 Holdings (As of Day of Deposit)
||The Allstate Corporation
||Cabot Oil & Gas Corporation
||Electronic Arts Inc.
||Eli Lilly and Company
||Mettler-Toledo International Inc.
||Robert Half International Inc.
||Ross Stores, Inc.
||S&P Global Inc.
||Texas Instruments Incorporated
*As of the close of business on 1/8/20. Market values are for reference only and are not indicative of your
individual cost basis. Holdings were selected by applying each strategy as described in the prospectus.
|Not FDIC Insured Not Bank Guaranteed May Lose Value
|Initial Offering Date
|Initial Public Offering Price
||$10.00 per Unit
|Portfolio Ending Date
|Fee Account Cash CUSIP
|Fee Account Reinvestment CUSIP
|Sales Charges (based on a $10 public offering
|Transactional Sales Charges:
|Creation & Development Fee:
|Maximum Sales Charge:
|Maximum Sales Charge:
The deferred sales charge will be deducted in three monthly installments commencing
When the public offering price is less than or equal to $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.
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 $10.00 per unit, the creation and development fee will be less than
0.50%; if the price you pay is less than $10.00 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,
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 available information.
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 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.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC or its
affiliates ("SPDJI") and has been licensed for use by First Trust Portfolios
L.P. Standard & Poor's® and S&P® are registered trademarks of Standard
& Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered
trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and
these trademarks have been licensed for use by SPDJI and sublicensed
for certain purposes by First Trust Portfolios L.P. The S&P Target 24
Portfolio is not sponsored, endorsed, sold or promoted by SPDJI, Dow
Jones, S&P, their respective affiliates, and none of such parties make any
representation regarding the advisability of investing in such product
nor do they have any liability for any errors, omissions, or interruptions
of the S&P 500 Index.