FKCJRX Virtual Economy Portfolio


The Trust seeks above-average capital appreciation. There can be no assurance that the objective of the Trust will be achieved.

Strategy Description

Under normal market conditions, the Trust will invest at least 80% of its assets in common stocks of companies that the Sponsor believes will benefit significantly from the virtual economy, which are companies that the Sponsor believes will benefit from the current worldwide economic dependence on virtual technology caused by the increased practice of people staying at home during and even after the COVID-19 pandemic, including companies that provide services such as online purchasing, teleconferencing, digital streaming and social media, as well as the companies that provide logistics and delivery services for such companies. Additionally, the Trust may invest the remainder of its assets in providers of certain consumer products, which tend to remain relatively stable in an uncertain economy.

Summary Data

Label Value
Status Primary
Sponsor First Trust Portfolios
Series Series 3
Asset Class Domestic Equity
Investment Strategy/Goal Thematic
Investment Type/Style Large Cap Growth

Performance Disclosure

Cumulative returns of each unit investment trust series are based on distributions received in cash and recognized on the ex-dividend date and paid out on the payable date during the life of the unit investment trust. Returns are calculated excluding the Transactional Sales Charge for each unit investment trust series but does reflect the Creation & Development Fee and trust operating expenses as incurred for each unit investment trust series. The returns do not adjust for taxes. If adjusted or taxes, the effects of taxation would reduce the performance depicted.

Past performance is no indicator of future results. Investment return and principal value will fluctuate with changes in market conditions. An investment in units of a unit investment trust when redeemed may be worth more or less than the original investment.

Unit Investment Trust ("UIT") Investment Risks

There is no assurance that a unit investment trust will achieve its investment objective.

Unit investment trusts are unmanaged. You can lose money investing in unit investment trusts. When sold, units may be worth more or less than the original amount invested. Depending upon the specific product offering, investment risks include, but are not limited to, interest rate risk, credit risk, call risk and liquidity risk.

Product(s) discussed herein are not FDIC insured, may lose value, and are not bank guaranteed. You should not purchase an investment product or make an investment recommendation until you have read the specific offering documentation and understand the specific investment terms, features, risks, fees, charges and expenses of such investment.