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FT Equity Allocation ETF Model, 4th Qtr 2022  Ticker: FAKUKX
 
Description
A unit investment trust that seeks above-average capital appreciation by investing in a diversified portfolio of First Trust equity exchange-traded funds.
Please note that there is no assurance the objective will be met.
 
Summary
Product Code: FTEA42
Portfolio Status: Primary
Initial Offer Date: 09/29/2022
Portfolio Ending Date: 01/08/2024
Tax Structure: Regulated Investment Company
Distributions: Monthly
 
Initial Offer Price: $10.0000
NAV(*): $11.4601
POP(*): $11.6346
Remaining Deferred Sales Charge: $0.1500
* As of Trade Date: 12/01/2022 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 12/1/2022) Per Unit (as of 11/28/2022)
1.75% $0.20340
^ 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.

 Key Stats
Weighted Average Market Cap $2,282
Price/Earnings 354.03
As of 11/30/2022
All market capitalization numbers are in USD$ Millions. All figures are subject to change.

 Holdings  Export Current Holdings | View Initial Holdings  
NameSymbolWeighting
 First Trust Large Cap Value AlphaDEX® Fund FTA 14.86%
 First Trust Developed Markets ex-US AlphaDEX® Fund FDT 13.06%
 First Trust Large Cap Growth AlphaDEX® Fund FTC 9.80%
 First Trust Health Care AlphaDEX® Fund FXH 7.73%
 First Trust Capital Strength ETF FTCS 7.05%
 First Trust Mid Cap Core AlphaDEX® Fund FNX 5.97%
 First Trust NASDAQ Technology Dividend Index Fund TDIV 5.93%
 First Trust Energy AlphaDEX® Fund FXN 5.32%
 First Trust Industrials/Producer Durables AlphaDEX® Fund FXR 5.04%
 First Trust Emerging Markets AlphaDEX® Fund FEM 4.96%
 First Trust Europe AlphaDEX® Fund FEP 4.76%
 First Trust Rising Dividend Achievers ETF RDVY 4.14%
 First Trust Value Line® Dividend Index Fund FVD 2.95%
 First Trust NASDAQ-100 Equal Weighted Index Fund QQEW 2.90%
 First Trust Nasdaq Bank ETF FTXO 2.86%
 First Trust Dow Jones Internet Index Fund FDN 2.67%
 
Total Number of Holdings:    16
Underlying Securities information represented above is as of 11/30/2022 but will vary with future fluctuations in the market.

 Standard Account Sales Charges *
Transactional sales charges: Initial:  0.21%
  Deferred:  1.29%
Maximum Sales Charge:   1.50%
CUSIP Type Distribution
30328P221 Cash Monthly
30328P239 Reinvest Monthly
* Based on the offer price as of 12/01/2022 4:00pm ET

 Fee/Wrap Account Sales Charges *
Consult the propectus for a detailed description of the Fee/Wrap account sales charges for this portfolio.
CUSIP Type Distribution
30328P247 Cash-Fee Monthly
30328P254 Reinvest-Fee Monthly
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.

 Deferred Sales Charge Schedule
Amount Date
$0.05000 January 20, 2023
$0.05000 February 17, 2023
$0.05000 March 20, 2023

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. The United Kingdom's official departure from the European Union (commonly referred to as "Brexit") led to volatility in global financial markets, in particular those of the United Kingdom and across Europe, and the weakening in political, regulatory, consumer, corporate and financial confidence in the United Kingdom and Europe. It is not currently possible to determine the extent of the impact that Brexit 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.

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.

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. 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.

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.

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 cybersecurity.

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.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by FactSet Research Systems Inc. and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, ©2022 CUSIP Global Services. "CUSIP" is a registered trademark of the American Bankers Association.

Fund Cusip Information
30328P221 (Cash)
30328P239 (Reinvest)
30328P247 (Cash-Fee)
30328P254 (Reinvest-Fee)
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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)
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