Virtual Economy Portfolio, Series 7
Ticker Symbol: FPEMMX
30 Holdings (As of Day of Deposit) |
Ticker |
Company Name |
Initial
Weight |
Price* |
Communication Services |
GOOG |
Alphabet Inc. |
3.04% |
$2,646.17 |
CMCSA |
Comcast Corporation |
3.33% |
46.77 |
EA |
Electronic Arts Inc. |
3.30% |
130.40 |
FB |
Meta Platforms Inc. |
3.34% |
207.71 |
NFLX |
Netflix, Inc. |
3.34% |
386.67 |
ROKU |
Roku, Inc. |
3.33% |
144.71 |
SNAP |
Snap Inc. |
3.33% |
39.45 |
Consumer Discretionary |
AMZN |
Amazon.com, Inc. |
3.56% |
3,093.05 |
EBAY |
eBay Inc. |
3.33% |
55.76 |
ETSY |
Etsy, Inc. |
3.34% |
132.17 |
LULU |
lululemon athletica inc. |
3.39% |
310.03 |
NKE |
NIKE, Inc. |
3.37% |
142.80 |
TGT |
Target Corporation |
3.28% |
204.00 |
Health Care |
VEEV |
Veeva Systems Inc. |
3.28% |
219.29 |
Industrials |
FDX |
FedEx Corporation |
3.36% |
224.37 |
UPS |
United Parcel Service, Inc. |
3.27% |
210.71 |
Information Technology |
ADBE |
Adobe Incorporated |
3.42% |
457.71 |
AMD |
Advanced Micro Devices, Inc. |
3.36% |
112.37 |
AAPL |
Apple Inc. |
3.30% |
168.88 |
SQ |
Block Inc. |
3.35% |
104.02 |
DOCU |
DocuSign, Inc. |
3.31% |
115.00 |
MSFT |
Microsoft Corporation |
3.34% |
290.73 |
NVDA |
NVIDIA Corporation |
3.38% |
245.07 |
PYPL |
PayPal Holdings, Inc. |
3.33% |
105.20 |
RNG |
RingCentral, Inc. |
3.33% |
156.31 |
CRM |
salesforce.com, inc. |
3.34% |
200.03 |
NOW |
ServiceNow, Inc. |
3.25% |
565.75 |
SHOP |
Shopify Inc. |
3.42% |
660.00 |
TTD |
The Trade Desk, Inc. |
3.33% |
79.41 |
ZM |
Zoom Video Communications, Inc. |
3.35% |
129.38 |
*As of the close of business on 2/17/22.
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 |
2/18/2022 |
Initial Public Offering Price |
$10.00 per Unit |
Portfolio Ending Date |
2/20/2024 |
Cash CUSIP |
30324W329 |
Reinvestment CUSIP |
30324W337 |
Fee Accounts Cash CUSIP |
30324W345 |
Fee Accounts Reinvestment CUSIP |
30324W352 |
Sales Charges (based on a $10 public offering
price) |
Standard Accounts |
Transactional Sales Charges |
Initial: |
0.00% |
|
Deferred: |
2.25% |
Creation and Development Fee
(C&D 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 5/20/22. 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 C&D 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 C&D fee is a charge of
$0.050 per unit collected at the end of the initial offering period. If the price you pay exceeds $10.00 per
unit, the C&D fee will be less than 0.50%; if the price you pay is less than $10.00 per unit, the C&D 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 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.
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 mid-cap companies is subject to additional risks, as the share prices of 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.
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 COVID-19 global pandemic has caused significant volatility and declines in global financial markets, causing losses for investors. The development of vaccines has slowed the spread of the virus and allowed for the
resumption of “reasonably” normal business activity in the United States, although many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging
variants of the disease.
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.
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.