E-Commerce Opportunity, Series 15
The E-Commerce Opportunity Portfolio seeks to capitalize
on the continued growth in e-commerce. The portfolio
invests in companies that market their goods and services
online and in the technology companies that create the
tools to make it possible. By conducting business online,
companies are not only removing domestic geographical
boundaries, but global boundaries as well.
- Worldwide retail e-commerce sales reached $3.53 trillion in 20191, up from $2.93 trillion in 2018.2 By 2022, sales are anticipated to reach $6.54 trillion.3
- The number of worldwide digital buyers was 1.32 billion in 2014 and is anticipated to reach 2.14 billion by Year-end 2021.4
- Due to the COVID-19 pandemic, many consumers have been shopping on-line. E-commerce shopping over the 2020 holidays in the U.S. grew 32.2% from 2019, totaling $188.2 billion. In addition,
e-commerce sales during November 2020, which included Cyber Monday, reached a record $100 billion.5
2 Digital Commerce 360
This unit investment trust seeks above-average capital appreciation; however, there is
no assurance the objective will be met.
| Not FDIC Insured Not Bank Guaranteed May Lose Value
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.
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 communication services, consumer
discretionary and information technology sectors which involves additional risks, including limited
diversification. The companies engaged in the communication services sector are subject to rapidly changing
technology, rapid product obsolescence, loss of patent protection, cyclical market patterns, governmental
regulation, evolving industry standards and frequent new product introductions. Certain companies may be
particularly susceptible to cybersecurity threats, which could have an adverse effect on their business. The
companies engaged in the consumer discretionary sector are subject to global competition, changing government regulations and trade policies, currency fluctuations, and the financial and political risks inherent in producing
products for foreign markets. 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. 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.
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 resulted in major disruptions to economies and markets around the world. Financial markets have experienced extreme volatility and severe losses, negatively impacting global economic
growth prospects. The duration of the COVID-19 outbreak and its effects cannot be determined with certainty and may exacerbate other political, social and economic risks.
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.
Although this portfolio terminates in
approximately 15 months, the strategy is
long-term. Investors should consider their
ability to pursue investing in successive
portfolios, if available. There may be tax
consequences unless units are purchased
in an IRA or other qualified plan.