International Capital Strength, 55  Ticker: FXKKKX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in a portfolio of U.S. traded foreign companies.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: INCS55
Portfolio Status: Secondary
Initial Offer Date: 06/13/2022
Secondary Date: 09/09/2022
Portfolio Ending Date: 06/13/2024
Tax Structure: Regulated Investment Company
Distributions: Semi-Annual
 
Initial Offer Price: $10.0000
NAV(*): $9.1219
POP(*): $9.3319
Remaining Deferred Sales Charge: $0.1500
* As of Trade Date: 09/28/2022 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 9/28/2022) Per Unit (as of 9/26/2022)
2.31% $0.21580
^ 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 3.57%
Consumer Discretionary  Consumer Discretionary 12.75%
Consumer Staples  Consumer Staples 7.17%
Energy  Energy 6.11%
Financials  Financials 7.88%
Health Care  Health Care 14.17%
Industrials  Industrials 13.81%
Information Technology  Information Technology 21.92%
Materials  Materials 11.89%
Real Estate  Real Estate 0.00%
Utilities  Utilities 0.00%
Other  Other 0.73%
 
  Large Mid Small  
Growth  39.19% 3.49% 0.00%  
Value  50.37% 6.22% 0.00%  

 Style Weighting
Large-Cap Growth 39.19%
Large-Cap Value 50.37%
Mid-Cap Growth 3.49%
Mid-Cap Value 6.22%
Small-Cap Growth 0.00%
Small-Cap Value 0.00%
Undetermined 0.73%
 Composition
U.S. Stocks 0.00%   Other 0.73%
Non-U.S. Stocks 99.27%      
The style and sector characteristics of the portfolio are determined as of 09/28/2022 and will likely vary thereafter due to market fluctuations in the underlying securities.  

 Key Stats
Weighted Average Market Cap $108,146.26
Price/Earnings 9.76
Price/Book 2.65
As of 9/28/2022
All market capitalization numbers are in USD$ Millions

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolSectorStyleWeighting
 AON Plc AON Financials  Financials Large-Cap Growth 4.05%
 Roche Holding AG (ADR) RHHBY Health Care  Health Care Large-Cap Growth 3.90%
 HDFC Bank Ltd. (ADR) HDB Financials  Financials Large-Cap Value 3.83%
 Canadian National Railway Company CNI Industrials  Industrials Large-Cap Growth 3.79%
 Nutrien Ltd. NTR Materials  Materials Large-Cap Value 3.73%
 LVMH Moet Hennessy Louis Vuitton SE (ADR) LVMUY Consumer Discretionary  Consumer Discretionary Large-Cap Growth 3.68%
 CSL Limited (ADR) CSLLY Health Care  Health Care Large-Cap Growth 3.65%
 Nestle S.A. (ADR) NSRGY Consumer Staples  Consumer Staples Large-Cap Growth 3.61%
 Nintendo Co., Ltd. (ADR) NTDOY Communication Services  Communication Services Large-Cap Value 3.57%
 Diageo Plc (ADR) DEO Consumer Staples  Consumer Staples Large-Cap Growth 3.56%
 Ferguson Plc FERG Industrials  Industrials Mid-Cap Growth 3.49%
 Equinor ASA EQNR Energy  Energy Large-Cap Value 3.46%
 TE Connectivity Ltd. TEL Information Technology  Information Technology Large-Cap Value 3.46%
 BAE Systems Plc (ADR) BAESY Industrials  Industrials Large-Cap Value 3.42%
 STMicroelectronics N.V. STM Information Technology  Information Technology Large-Cap Value 3.38%
 Accenture Plc ACN Information Technology  Information Technology Large-Cap Growth 3.35%
 Novartis AG (ADR) NVS Health Care  Health Care Large-Cap Value 3.32%
 Novo Nordisk A/S (ADR) NVO Health Care  Health Care Large-Cap Growth 3.30%
 NXP Semiconductors N.V. NXPI Information Technology  Information Technology Large-Cap Growth 3.20%
 Kering (ADR) PPRUY Consumer Discretionary  Consumer Discretionary Large-Cap Value 3.13%
 Garmin Ltd. GRMN Consumer Discretionary  Consumer Discretionary Mid-Cap Value 3.11%
 CNH Industrial N.V. CNHI Industrials  Industrials Mid-Cap Value 3.11%
 ASML Holding N.V. (New York Registry Shares) ASML Information Technology  Information Technology Large-Cap Growth 3.10%
 Taiwan Semiconductor Manufacturing Company Ltd. (ADR) TSM Information Technology  Information Technology Large-Cap Value 3.00%
 BHP Group Ltd (ADR) BHP Materials  Materials Large-Cap Value 2.92%
 Sony Group Corp. (ADR) SONY Consumer Discretionary  Consumer Discretionary Large-Cap Value 2.83%
 Rio Tinto Plc (ADR) RIO Materials  Materials Large-Cap Value 2.79%
 Canadian Natural Resources Limited CNQ Energy  Energy Large-Cap Value 2.65%
 Anglo American Plc (ADR) NGLOY Materials  Materials Large-Cap Value 2.45%
 Tokyo Electron Limited (ADR) TOELY Information Technology  Information Technology Large-Cap Value 2.43%
 
Total Number of Holdings:    30
Underlying Securities information represented above is as of 09/28/2022 but will vary with future fluctuations in the market.

 Deferred Sales Charge Schedule
Amount Date
$0.07500 September 20, 2022
$0.07500 October 20, 2022
$0.07500 November 18, 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.

Brexit Risk. Approximately one year after the United Kingdom officially departed the European Union (commonly referred to as "Brexit"), the United Kingdom and the European Union reached a trade agreement that became effective on December 31, 2020. It is not currently possible to determine the extent of the impact the Brexit trade agreement may have on the portfolio's investments and this uncertainty could negatively impact current and future economic conditions in the United Kingdom and other countries, which could negatively impact the value of the portfolio's investments.

Buy & Hold Risk – Taxable Trusts. This UIT is a buy and hold strategy and investors should consider their ability to hold the trust until maturity. There may be tax consequences unless units are purchased in an IRA or other qualified plan.

COVID-19 Economic Impact Risk. The COVID-19 global pandemic and the ensuing policies enacted by governments and central banks have caused and may continue to cause significant volatility and uncertainty 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.

Europe Political and Social Change Risk. Certain securities held by the portfolio are issued by companies in Europe. The United Kingdom vote to leave the European Union and other recent rapid political and social change throughout Europe make the extent and nature of future economic development in Europe and the effect on securities issued by European issuers difficult to predict.

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.

Mid-Cap Risk. An investment in a portfolio containing mid-cap companies is subject to additional risks, as the share prices of 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.

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.

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