Richard Bernstein Advisors Focus America Growth & Income Portfolio, Series 1
Aspects of President Trump's proposed agenda such as trade barriers and domestic content provisions seem focused on rejuvenating cyclical sectors of the American economy. Richard Bernstein
Advisors, LLC (RBA) anticipates that the Energy, Materials and Industrials sectors will be prime beneficiaries of this current policy regime as future legislation and regulation could lead U.S. companies
and consumers to increase their purchases of U.S. raw materials, U.S. manufactured goods, and U.S.-produced consumer goods.
The Richard Bernstein Advisors Focus America Growth & Income Portfolio aims to look at companies within these cyclical sectors which have the majority of their sales originating in the U.S., and
seeks to combine that frontline theme with investors' desire for income. Thus, the trust focuses on companies that combine this current political theme with higher dividend yields than the S&P 500
and histories of healthy dividends.
This unit investment trust seeks above-average total return through a combination of
capital appreciation and dividend income; 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 objectives, 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.
You should be aware that the portfolio is concentrated in stocks
in both the industrials and materials sectors which involves
additional risks, including limited diversification. The companies
engaged in the industrials sector are subject to certain risks,
including a deterioration in the general state of the economy,
intense competition, domestic and international politics, excess
capacity and changing spending trends. The companies engaged
in the materials sector, including companies within the precious
metals industry, are subject to price and supply fluctuations,
excess capacity, economic recession, domestic and international
politics, government regulations, volatile interest rates,
consumer spending trends and overall capital spending levels.
An investment in a portfolio containing small-cap and mid-cap
companies is subject to additional risks, as the share prices of smallcap
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.
One of the securities in the portfolio is issued by a foreign entity.
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.
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.
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.