Worldwide Economic Recovery, 8  Ticker: FOOAVX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in companies that, in our opinion, have skilled management, possess strong balance sheets, and have demonstrated the ability to generate earnings growth.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: WWER8
Portfolio Status: Secondary
Initial Offer Date: 09/25/2020
Secondary Date: 12/21/2020
Portfolio Ending Date: 09/26/2022
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $11.0985
POP(*): $11.3539
Remaining Deferred Sales Charge: $0.0750
* As of Trade Date: 02/23/2021 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.

 Historical 12-Month Distribution of Trust Holdings:^
Rate (as of 2/23/2021) Per Unit (as of 2/22/2021)
0.82% $0.09340
^ There is no guarantee the issuers of the securities included in the trust will declare dividends or distributions in the future. The historical 12-month distribution per unit and historical 12-month distribution rate of the securities included in the trust are for illustrative purposes only and are not indicative of the trust's distribution or distribution rate. Due to the negative economic impact across many industries caused by the COVID-19 outbreak, certain issuers of the securities included in the trust may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "Historical 12-Month Distribution Rate of Trust Holdings," which is based on the trailing twelve-month distributions paid by the securities included in a trust, will likely be higher, and in some cases significantly higher, than the actual distribution rate achieved by the trust. The historical 12-month distribution per unit is based on the weighted average of the trailing twelve month distributions paid by the securities included in the portfolio. The historical 12-month distribution rate is calculated by dividing the historical 12-month distributions by the trust's offering price. The historical 12-month distribution and rate are reduced to account for the effects of fees and expenses, which will be incurred when investing in a trust. Certain of the issuers may have reduced their dividends or distributions over the prior twelve months. The distribution per unit and rate paid by the trust may be higher or lower than the amount shown above due to certain factors that may include, but are not limited to, a change in the dividends or distributions paid by issuers, actual expenses incurred, or the sale of securities in the portfolio. For trusts that include funds, distributions may include realized short term capital gains, realized long-term capital gains and/or return of capital.

 Holdings Analysis Click here to Perform a Benchmark Comparison  
 Sector Weighting
Communication Services  Communication Services 10.36%
Consumer Discretionary  Consumer Discretionary 14.26%
Consumer Staples  Consumer Staples 6.32%
Energy  Energy 0.00%
Financials  Financials 7.53%
Health Care  Health Care 14.97%
Industrials  Industrials 13.28%
Information Technology  Information Technology 30.02%
Materials  Materials 3.18%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.08%
 
  Large Mid Small  
Growth  56.01% 0.00% 0.00%  
Value  43.91% 0.00% 0.00%  

 Style Weighting
Large-Cap Growth 56.01%
Large-Cap Value 43.91%
Mid-Cap Growth 0.00%
Mid-Cap Value 0.00%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.08%
 Composition
U.S. Stocks 74.08%   Other 0.08%
Non-U.S. Stocks 25.84%      
The style and sector characteristics of the portfolio are determined as of 02/23/2021 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $358,562.97
Price/Earnings 27.70
Price/Book 6.72
As of 2/23/2021
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Applied Materials, Inc. AMAT Information Technology  Information Technology Large-Cap Growth 4.29%
 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) TSM Information Technology  Information Technology Large-Cap Growth 3.49%
 Caterpillar Inc. CAT Industrials  Industrials Large-Cap Growth 3.29%
 BHP Group Ltd (ADR) BHP Materials  Materials Large-Cap Value 3.18%
 Sony Corporation (ADR) SNE Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.11%
 Keysight Technologies, Inc. KEYS Information Technology  Information Technology Large-Cap Growth 3.07%
 BlackRock, Inc. BLK Financials  Financials Large-Cap Value 3.00%
 Alphabet Inc. (Class C) GOOG Communication Services  Communication Services Large-Cap Value 2.94%
 Honeywell International Inc. HON Industrials  Industrials Large-Cap Growth 2.77%
 ServiceNow, Inc. NOW Information Technology  Information Technology Large-Cap Growth 2.74%
 Cummins Inc. CMI Industrials  Industrials Large-Cap Value 2.67%
 Activision Blizzard, Inc. ATVI Communication Services  Communication Services Large-Cap Value 2.60%
 Canadian Pacific Railway Limited CP Industrials  Industrials Large-Cap Growth 2.58%
 NetEase, Inc. (ADR) NTES Communication Services  Communication Services Large-Cap Value 2.56%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 2.55%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Growth 2.50%
 Microsoft Corporation MSFT Information Technology  Information Technology Large-Cap Growth 2.48%
 Intercontinental Exchange, Inc. ICE Financials  Financials Large-Cap Value 2.45%
 NVIDIA Corporation NVDA Information Technology  Information Technology Large-Cap Growth 2.41%
 Johnson & Johnson JNJ Health Care  Health Care Large-Cap Value 2.39%
 UnitedHealth Group Incorporated UNH Health Care  Health Care Large-Cap Value 2.34%
 NIKE, Inc. (Class B) NKE Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.32%
 D.R. Horton, Inc. DHI Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.32%
 Thermo Fisher Scientific Inc. TMO Health Care  Health Care Large-Cap Value 2.28%
 Lowe's Companies, Inc. LOW Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.27%
 Amazon.com, Inc. AMZN Consumer Discretionary  Consumer Discretionary Large-Cap Growth 2.27%
 Visa Inc. (Class A) V Information Technology  Information Technology Large-Cap Growth 2.26%
 Facebook, Inc. (Class A) FB Communication Services  Communication Services Large-Cap Value 2.26%
 Novo Nordisk A/S (ADR) NVO Health Care  Health Care Large-Cap Growth 2.24%
 Mastercard Incorporated MA Information Technology  Information Technology Large-Cap Growth 2.24%
 Costco Wholesale Corporation COST Consumer Staples  Consumer Staples Large-Cap Growth 2.19%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Value 2.15%
 Walmart, Inc. WMT Consumer Staples  Consumer Staples Large-Cap Value 2.12%
 S&P Global Inc. SPGI Financials  Financials Large-Cap Growth 2.08%
 Unilever Plc (ADR) UL Consumer Staples  Consumer Staples Large-Cap Growth 2.01%
 Adobe Incorporated ADBE Information Technology  Information Technology Large-Cap Growth 1.99%
 Lockheed Martin Corporation LMT Industrials  Industrials Large-Cap Growth 1.97%
 Alibaba Group Holding Limited (ADR) BABA Consumer Discretionary  Consumer Discretionary Large-Cap Value 1.97%
 Merck & Co., Inc. MRK Health Care  Health Care Large-Cap Value 1.91%
 Regeneron Pharmaceuticals, Inc. REGN Health Care  Health Care Large-Cap Value 1.66%
 
Total Number of Holdings:    40
Underlying Securities information represented above is as of 02/23/2021 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 January 20, 2021
$0.07500 February 19, 2021
$0.07500 March 19, 2021

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.

Sector Concentration Risk. A portfolio which is concentrated in an individual sector is subject to additional risks, including limited diversification.

Closed-End Fund Risk. Closed-end funds 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 the funds 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, closed-end funds frequently trade at a discount to their net asset value in the secondary market. Certain closed-end funds 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.

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.

Technology Risk. 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.

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.

The style and capitalization characteristics used to describe the stocks are designed to help you understand how they fit into your overall investment plan. Due to changes in the value of the stocks the characteristics may vary over time. In general, growth stocks have high relative price-to-book ratios while value stocks have low relative price-to-book ratios. In determining market capitalization characteristics, we analyze the market capitalizations of the 3,000 largest stocks in the U.S. (excluding foreign securities, ADRs, limited partnerships and regulated investment companies) on a monthly basis. Companies with market capitalizations among the largest 10% are considered Large-Cap securities, the next 20% are considered Mid-Cap securities and the remaining securities are considered Small-Cap securities.

You should carefully consider the trust's investment objectives, risks, and charges and expenses 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 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.