Balanced Income Equity
and ETF Portfolio, Series 60
Ticker Symbol: FLZSLX
|30 Holdings (As of Day of Deposit)
|Common Stocks (50.04%)
|Communication Services (3.32%)
|Consumer Discretionary (3.34%)
||Darden Restaurants, Inc.
|Consumer Staples (3.32%)
||Altria Group, Inc.
||Devon Energy Corporation
||JPMorgan Chase & Co.
|Health Care (9.93%)
||Bristol-Myers Squibb Company
||Merck & Co., Inc.
||Lockheed Martin Corporation
|Information Technology (6.66%)
||Cisco Systems, Inc.
||BHP Group Ltd
|High-Yield Bond Funds (16.66%)
||First Trust Tactical High Yield ETF
||Franklin High Yield Corporate ETF
||iShares 0-5 Year High Yield Corporate Bond ETF
||SPDR Bloomberg Short Term High Yield Bond ETF
||SPDR Portfolio High Yield Bond ETF
|Investment Grade Bond Funds (16.65%)
||Franklin Investment Grade Corporate ETF
||iShares 10+ Year Investment Grade Corporate Bond ETF
||iShares Core 10+ Year USD Bond ETF
||Schwab 5-10 Year Corporate Bond ETF
||Vanguard Intermediate-Term Corporate Bond ETF
|World Income Funds (16.65%)
||First Trust Emerging Markets Local Currency Bond ETF
||iShares J.P. Morgan EM Corporate Bond ETF
||JPMorgan International Bond Opportunities ETF
||JPMorgan USD Emerging Markets Sovereign Bond ETF
||SPDR FTSE International Government Inflation-Protected Bond ETF
* As of the close of business on 2/6/23.
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
|Historical 12-Month Distribution Rate of Trust Holdings:*
|Historical 12-Month Distribution Per Unit:*
|Fee Account Cash CUSIP
|Fee Account Reinvestment CUSIP
*There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions
in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of
the securities included in the trust are for illustrative purposes only and are not indicative of the trust’s
distribution or distribution rate. The historical 12-month distribution per unit is based on the weighted
average of the trailing 12-month distributions paid by the securities included in the portfolio. The historical
12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust’s
offering price. The historical 12-month distribution and rate are reduced to account for the effects of fees
and expenses, which will be incurred when investing in a trust. Distributions may include realized short
term capital gains, realized long-term capital gains and/or return of capital. Certain of the issuers may have
reduced their dividends or distributions over the prior 12 months. The distribution per unit and rate paid by
the trust may be higher or lower than the amount shown above due to certain factors that may include, but
are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the
sale of securities in the portfolio.
|Sales Charges (based on a $10 public offering
|Transactional Sales Charges
|Creation & Development Fee (C&D Fee)
|Maximum Sales Charge
|Maximum Sales Charge
The deferred sales charge will be deducted in three monthly installments commencing 5/19/23. 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
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.
An investment in this unmanaged unit investment trust should be made
with an understanding of the risks involved with an investment in a portfolio of common stocks and ETFs.
ETFs are subject to various risks, including management’s ability to meet the fund’s investment objective, and to manage the fund’s portfolio when the underlying securities are redeemed or sold, during periods of market
turmoil and as investors’ perceptions regarding ETFs or their underlying investments change. Unlike open-end funds, which trade at prices based on a current determination of the fund’s net asset value, ETFs frequently trade
at a discount from their net asset value in the secondary market.
Common stocks are 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.
Certain of the ETFs invest in high-yield securities or “junk” bonds. Investing in high-yield securities should be viewed as speculative and you should review your ability to assume the risks associated with investments which
utilize such securities. High-yield securities are subject to numerous risks, including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or
principal. High-yield security prices tend to fluctuate more than higher rated securities and are affected by short-term credit developments to a greater degree.
All of the funds invest in investment grade securities. Investment grade securities are subject to numerous risks including higher interest rates, economic recession, deterioration of the investment grade security market or
investors’ perception thereof, possible downgrades and defaults of interest and/or principal.
Securities of non-U.S. issuers are subject to additional risks,
including currency fluctuations, political risks, withholding, the lack of adequate financial information,
and exchange control restrictions impacting non-U.S. issuers. Risks associated with investing in non-U.S.
securities may be more pronounced in emerging and developing markets where the securities markets
are substantially smaller, less developed, less liquid, less regulated, and more volatile than the U.S. and
developed non-U.S. markets.
The United Kingdom’s official departure from the European Union (commonly referred to as “Brexit”) led to volatility in global financial markets, in particular those of the United Kingdom and across Europe, and the weakening in political, regulatory, consumer, corporate and financial confidence in the United Kingdom and Europe. It is not currently possible to determine the extent of the impact that Brexit may have on the portfolio’s investments and this uncertainty could negatively impact current and future economic conditions in the United Kingdom and other countries, which could negatively impact the value of the portfolio’s investments.
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 February 2022, Russia invaded Ukraine which has caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance.
The COVID-19 global pandemic and the ensuing policies enacted by governments and central banks have caused and may continue to cause significant volatility and uncertainty in global financial markets. While the U.S. has resumed “reasonably” normal business activity, many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.
It is important to note that an investment can be made in the underlying
funds directly rather than through the trust. These direct investments can
be made without paying the trust’s sales charge, operating expenses and
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.
For a discussion of additional risks of investing in the trust see the "Risk
Factors" section of the prospectus.