Mega-Cap Portfolio, Series 57
The Mega-Cap Portfolio invests in some of the largest companies in the world. These companies are
well-known blue chip companies that are widely regarded as leaders in their respective industries.
These companies, known for their quality products and services, are some of the most successful in the
world and have the potential to provide their stockholders with a greater degree of stability and
consistent performance over time.
Mega-cap companies typically have a notable presence throughout the world. Recently,
more opportunities have arisen outside of the United States, where populations are growing
rapidly and market penetration is lower. The United Nations anticipates that the current world
population of 7.7 billion could potentially increase to 9.7 billion in 2050 driven by growth in
developing countries. The 50 largest constituents in the S&P 100 Index represent 82.97% of its
total market capitalization as of April 30, 2020. The S&P 100 Index is a benchmark for mega-cap
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 advisor
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.
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.
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
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.
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