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Technology Select Portfolio, Series 78
Ticker Symbol: FYEVNX

30 Holdings (As of Day of Deposit)
Ticker Company Name Initial
Application Software
ADBE Adobe Incorporated 3.41% $424.20
CRM salesforce.com, inc. 3.27% 183.33
SAP SAP SE 3.34% 138.43
SPLK Splunk Inc. 3.35% 194.50
TTD The Trade Desk, Inc. 3.27% 406.15
Communications Equipment
CIEN Ciena Corporation 3.33% 53.15
CSCO Cisco Systems, Inc. 3.31% 46.15
MSI Motorola Solutions, Inc. 3.33% 138.14
ERIC Telefonaktiebolaget LM Ericsson 3.33% 9.24
Data Processing & Outsourced Services
FISV Fiserv, Inc. 3.34% 97.01
GPN Global Payments Inc. 3.35% 166.57
MA Mastercard Incorporated 3.37% 292.93
PYPL PayPal Holdings, Inc. 3.29% 168.35
V Visa Inc. 3.30% 191.38
Electronic Equipment & Instruments
KEYS Keysight Technologies, Inc. 3.33% 98.13
ZBRA Zebra Technologies Corporation 3.33% 252.05
IT Consulting & Other Services
ACN Accenture Plc 3.30% 212.72
Semiconductor Equipment
AMAT Applied Materials, Inc. 3.33% 59.06
KLAC KLA Corporation 3.31% 191.73
LRCX Lam Research Corporation 3.37% 308.46
AVGO Broadcom Inc. 3.38% 309.78
INTC Intel Corporation 3.31% 58.27
MU Micron Technology, Inc. 3.33% 49.15
NVDA NVIDIA Corporation 3.38% 368.00
NXPI NXP Semiconductors N.V. 3.33% 111.58
QRVO Qorvo, Inc. 3.33% 107.43
TSM Taiwan Semiconductor Manufacturing Company Ltd. 3.34% 56.39
Systems Software
MSFT Microsoft Corporation 3.31% 198.44
NOW ServiceNow, Inc. 3.40% 394.55
Technology Hardware Storage & Peripherals
AAPL Apple Inc. 3.33% 361.78

* As of the close of business on 6/29/20.
Market values are for reference only and are not indicative of your individual cost basis.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value

Portfolio Summary
Initial Date of Deposit 6/30/2020
Initial Public Offering Price $10.00 per Unit
Portfolio Ending Date 6/30/2022
Cash CUSIP 30314T781
Reinvestment CUSIP 30314T799
Fee Accounts Cash CUSIP 30314T807
Fee Accounts Reinvestment CUSIP 30314T815

Sales Charges (based on a $10 public offering price)
Standard Accounts
Transactional Sales Charges: Initial: 0.00%
  Deferred: 2.25%
Creation & Development Fee:   0.50%
Maximum Sales Charge:   2.75%
Fee/Wrap Accounts
Maximum Sales Charge:   0.50%

The deferred sales charge will be deducted in three monthly installments commencing 10/20/20.

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 objectives, risks, and charges and expenses carefully 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 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.

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 Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their operating performance. There is no assurance that the projections stated herein will be realized.

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.

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.

Large capitalization companies may grow at a slower rate than the overall market.

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 cybersecurity.

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.

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.

Fund Cusip Information
30314T781 (Cash)
30314T799 (Reinvest)
30314T807 (Cash-Fee)
30314T815 (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 professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
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