Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 

Electric and Future Vehicle and Technology, 2  Ticker: FZZPVX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in companies that provide exposure to the development and sales of electric and autonomous vehicle technologies.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: EVFT2
Portfolio Status: Primary
Initial Offer Date: 05/16/2022
Portfolio Ending Date: 08/16/2023
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $10.1140
POP(*): $10.2537
Remaining Deferred Sales Charge: $0.1350
* As of Trade Date: 06/24/2022 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 6/24/2022) Per Unit (as of 6/24/2022)
1.23% $0.12630
^ 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. 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 4.06%
Consumer Discretionary  Consumer Discretionary 62.06%
Consumer Staples  Consumer Staples 0.00%
Energy  Energy 0.00%
Financials  Financials 0.00%
Health Care  Health Care 0.00%
Industrials  Industrials 0.00%
Information Technology  Information Technology 22.10%
Materials  Materials 11.72%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.06%
 
  Large Mid Small  
Growth  38.97% 11.95% 3.63%  
Value  37.95% 7.44% 0.00%  

 Style Weighting
Large-Cap Growth 38.97%
Large-Cap Value 37.95%
Mid-Cap Growth 11.95%
Mid-Cap Value 7.44%
Small-Cap Growth 3.63%
Small-Cap Value 0.00%
Undetermined 0.06%
 Composition
U.S. Stocks 49.12%   Other 0.06%
Non-U.S. Stocks 50.82%      
The style and sector characteristics of the portfolio are determined as of 06/24/2022 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $245,967.37
Price/Earnings 10.93
Price/Book 1.85
As of 6/24/2022
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 Li Auto Inc. (ADR) LI Consumer Discretionary  Consumer Discretionary Large-Cap Growth 7.40%
 BYD Company Limited (Class H) (ADR) BYDDY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 5.14%
 Rivian Automotive, Inc. (Class A) RIVN Consumer Discretionary  Consumer Discretionary Large-Cap Value 4.37%
 Sociedad Quimica y Minera de Chile S.A. (ADR) SQM Materials  Materials Mid-Cap Growth 4.24%
 Alphabet Inc. (Class C) GOOG Communication Services  Communication Services Large-Cap Growth 4.06%
 Tata Motors Limited (ADR) TTM Consumer Discretionary  Consumer Discretionary Mid-Cap Growth 3.99%
 Bayerische Motoren Werke AG (ADR) BMWYY Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.92%
 Toyota Motor Corporation TM Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.91%
 Aptiv Plc APTV Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.88%
 Albemarle Corporation ALB Materials  Materials Large-Cap Growth 3.85%
 NVIDIA Corporation NVDA Information Technology  Information Technology Large-Cap Growth 3.82%
 Apple Inc. AAPL Information Technology  Information Technology Large-Cap Growth 3.81%
 Volkswagen AG (ADR) VWAGY Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.79%
 Tesla, Inc. TSLA Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.78%
 Magna International Inc. (Class A) MGA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.77%
 ON Semiconductor Corporation ON Information Technology  Information Technology Mid-Cap Growth 3.72%
 Mercedes-Benz Group AG (ADR) DMLRY Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.68%
 BorgWarner Inc. BWA Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.67%
 QUALCOMM Incorporated QCOM Information Technology  Information Technology Large-Cap Growth 3.65%
 Advanced Micro Devices, Inc. AMD Information Technology  Information Technology Large-Cap Value 3.64%
 Stellantis N.V. STLA Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.64%
 Livent Corporation LTHM Materials  Materials Small-Cap Growth 3.63%
 General Motors Company GM Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.60%
 Ford Motor Company F Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.52%
 NXP Semiconductors N.V. NXPI Information Technology  Information Technology Large-Cap Growth 3.46%
 
Total Number of Holdings:    25
Underlying Securities information represented above is as of 06/24/2022 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.04%
  Deferred:  1.32%
C&D Fee:    0.49%
Maximum Sales Charge:   1.85%
CUSIP Type Distribution
30326N483 Cash Semi-Annual
30326N491 Reinvest Semi-Annual
* Based on the offer price as of 06/24/2022 4:00pm ET

 Fee/Wrap Account Sales Charges *
C&D Fee:    0.49%
Maximum Sales Charge:   0.49%
CUSIP Type Distribution
30326N509 Cash-Fee Semi-Annual
30326N517 Reinvest-Fee Semi-Annual
* Based on the NAV price as of 06/24/2022 4:00pm ET
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.

 Deferred Sales Charge Schedule
Amount Date
$0.04500 August 19, 2022
$0.04500 September 20, 2022
$0.04500 October 20, 2022

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.

Automotive Risk. The automotive industry can be highly cyclical, and companies in the industry may suffer periodic operating losses. The industry can be significantly affected by labor relations and fluctuating component prices. While most of the major automotive manufacturers are large companies, others may be non-diversified in both product line and customer base and may be more vulnerable to events that negatively impact the industry.

Consumer Products Risk. The companies engaged in the consumer products sector are subject to global competition, changing government regulations and trade policies, currency fluctuations, and the financial and political risks inherent in producing products for foreign markets.

COVID-19 Economic Impact Risk. The COVID-19 global pandemic has caused and may continue to cause significant volatility and declines in global financial markets. While the U.S. has resumed "reasonably" normal business activity, many countries continue to impose lockdown measures. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

Electric and Future Vehicle Risk. Electric and Future Vehicle companies are companies that are principally engaged, i.e., have at least 50% of their assets in, or derive at least 50% of their revenues or profits from, one of the following business segments: (1) electric and autonomous vehicle manufacturing; (2) electric and autonomous vehicle enabling technologies (i.e., companies that manufacture batteries for energy storage, provide the sensors for autonomous driving capabilities and manufacture semiconductors); (3) electric and autonomous vehicle enabling materials (i.e., companies that mine rare earth metals used for energy storage and conversion); and (4) the development and manufacture of future automotive technology and products. Technology companies are companies that are principally engaged, i.e., have at least 50% of their assets in, or derive at least 50% of their revenues or profits from, the information technology sector.

Electric Vehicle Technology Risk. Electric vehicle technology is a relatively new technology and is subject to risks associated with a developing industry including intense competition, delays or other complications with production, rapid product obsolescence, increased government regulation, market volatility, and uncertainty of the ability of new products to penetrate established industries, among other factors. Many electric vehicle companies are heavily dependent on patent protection, and the expiration of a company's patent may adversely affect that company's profitability. Electric vehicle companies are also subject to competitive forces that may result in price discounting, may be thinly capitalized and susceptible to product obsolescence.

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

Foreign Securities Risk. Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

Large-Cap Risk. Large capitalization companies may grow at a slower rate than the overall market.

Market Disruption Risk. In February 2022, Russia invaded Ukraine which has caused and could continue to cause significant market disruptions and volatility within the markets in Russia, Europe, and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance.

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.

Term Risk - 15 months. Although this unit investment trust 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.

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.

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 cybersecurity.

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.

S-Network and S-Network Electric & Future Vehicle Ecosystem Index are service marks of S-Network Global Indexes, Inc. (collectively, with its affiliates "S-Network") and have been licensed for use by First Trust Portfolios L.P. The portfolio is based on the S-Network Electric & Future Vehicle Ecosystem Index and is not sponsored, endorsed, sold or promoted by S-Network and S-Network makes no representation regarding the advisability of trading in such product.

Fund Cusip Information
30326N483 (Cash)
30326N491 (Reinvest)
30326N509 (Cash-Fee)
30326N517 (Reinvest-Fee)
Printer Friendly Page Printer Friendly Page

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2022 All rights reserved.