7Twelve Balanced Portfolio Series  Ticker: FNCMQX
 
Description
This unit investment trust seeks above-average capital appreciation; however, there is no assurance the objective will be met. The portfolio invests in ETFs that are diversified among seven core asset groups, which are sub-divided into 12 equal asset classes, in an effort to enhance performance and reduce risk.
 
Summary
Product Code: 7TBL1
Portfolio Status: Secondary
Initial Offer Date: 01/23/2018
Secondary Date: 04/23/2018
Portfolio Ending Date: 04/23/2019
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $8.9292
POP(*): $9.0514
Remaining Deferred Sales Charge: $0.0000
* As of Trade Date: 12/12/2018 4:00pm ET
The Public Offering Price (POP) represents the net asset value per unit plus any applicable organization costs and sales charges. The Net Asset Value (NAV) represents the value per unit of a trust’s portfolio securities and other assets reduced by applicable deferred sales charges and other liabilities.

 Estimated Net Annual Distribution Per Unit
Estimated Net Annual Distribution Per Unit * $0.2016
As of 12/10/2018
* The estimates are based on annualizing the most recent dividends declared by the issuers of the securities included in the portfolio. There is no guarantee that the issuers of the securities included in the portfolio will declare distributions in the future or that, if declared, they will either remain at current levels or increase over time.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 Schwab U.S. REIT ETF SCHH 9.31%
 Vanguard Total International Bond ETF BNDX 9.17%
 First Trust Enhanced Short Maturity ETF FTSM 9.02%
 iShares Core U.S. Aggregate Bond ETF AGG 8.84%
 Schwab U.S. TIPS ETF SCHP 8.73%
 Vanguard S&P 500 ETF VOO 8.54%
 Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC 8.17%
 Vanguard Small-Cap Value ETF VBR 8.08%
 Vanguard Mid-Cap Value ETF VOE 7.95%
 IQ 50 Percent Hedged FTSE International ETF HFXI 7.62%
 Fidelity MSCI Materials Index ETF FMAT 7.28%
 iShares Core MSCI Emerging Markets ETF IEMG 7.25%
 
Total Number of Holdings:    12
Underlying Securities information represented above is as of 12/12/2018 but will vary with future fluctuations in the market.

Risk Considerations

Equity Risk. An investment in a portfolio containing common stocks is 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.

Derivatives Risk. Certain of the closed-end funds held by the trust invest in derivatives such as swap agreements to gain inverse exposure to its target index. As such, the closed-end funds will be subject to credit risk with respect to the amount it expects to receive from counterparties to derivatives and repurchase agreements entered into by the closed-end funds. If a counterparty becomes bankrupt or otherwise fails to perform its obligations due to financial difficulties, the value of the trust's investment in the closed-end funds may decline.

Emerging Markets Risk. Risks associated with investing in foreign securities may be more pronounced in emerging markets where the securities markets are substantially smaller, less liquid, less regulated and more volatile than the U.S. and developed foreign markets.

ETF Risk. 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. Certain ETFs may employ the use of leverage, which increases the volatility of such funds.

Foreign Securities Risk. An investment in securities of foreign issuers should be made with an understanding of the additional risks involved, such as currency fluctuations, political risk, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

Investment Grade Bonds Risk. 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.

Money Market Risk. Certain of the funds invest in money market or similar securities as a defensive measure when the fund's investment advisor anticipates unusual market or other conditions. If market conditions improve while a fund has invested in these securities, the potential gain from the market upswing may be reduced, limiting the fund's opportunity to achieve its investment objective.

REITs Risk. An investment in a portfolio containing REIT securities is subject to additional risks including limited diversification. Companies involved in the real estate industry are subject to changes in the real estate market, vacancy rates and competition, volatile interest rates and economic recession.

Small-Cap and Mid-Cap Risk. 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.

TIPS Risk. TIPS are subject to numerous risks including changes in interest rates, economic recession and deterioration of the bond market or investors' perception thereof.

US Treasury Note Risk. The value of U.S. Treasury notes will be adversely affected by decreases in bond prices and increases in interest rates.

Volatility Risk. 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.

Additional Risk. For a discussion of additional risks of investing in the trust see the "Risk Factors" section of the prospectus.

Important Note. 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 organizational costs.

Operational Risk. 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 cyber security.

Although the portfolio terminates in approximately one year, 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.

You should carefully consider the trust's investment objectives, risks, and charges and expenses 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 trust. Read it carefully before you invest.

This product information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state to any person to whom it is not lawful to make such an offer. Sales of any of these securities must include prospectus delivery and the services of a retail broker/dealer duly licensed in the appropriate states.

Not FDIC Insured, Not Bank Guaranteed and May Lose Value.