Tactical Alpha Portfolio, Series 13
A Tactical Approach to Equity Investing
For decades, investors have implemented asset allocation strategies seeking risk-controlled
performance. A common approach is to invest in broad based asset classes which seek to deliver
returns which are in line with the market's performance and supplement them with specialized
investments which seek to generate higher returns. These specialized investments focus on
specific areas of the market, including those which attempt to take advantage of current tactical
opportunities. The Tactical Alpha Portfolio was created as a convenient way for investors to add a
tactical component to their asset allocation plans.
Our goal with the Tactical Alpha Portfolio is to select stocks from within specific areas of the
market where we believe tactical opportunities currently exist. Our team of analysts thoroughly
evaluates each company for inclusion in the portfolio based upon their analysis that the
company's future performance is likely to exceed the current expectations of market participants.
Through our evaluation process, we seek to select stocks that we believe are currently trading at
valuation levels below fair value.
The portfolio will consist of companies from the following areas which have been identified by
our team of analysts based on their current market outlook.
This unit investment trust seeks above-average
capital appreciation; however, there is no
assurance the objective will be met.
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.
|Not FDIC Insured Not Bank Guaranteed May Lose Value
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 small-cap and mid-cap companies is subject to additional risks, as the share prices of small-cap 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.
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 Internetrelated,
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.
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.