FT 3260 invests in agriculture, energy, materials and ETF stocks

By Toni Weeks

San Diego, Nov. 18 - FT 3260 has registered units of its Inflation Hedge Opportunity Portfolio, Series 11, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Wheaton, Ill.-based First Trust Portfolios LP.

The trust seeks above-average total return by investing in a diversified portfolio of common stocks of agriculture, energy and materials companies and common stocks issued by exchange-traded funds that invest in government bonds, real estate investment trusts and commodities. The securities were selected because they typically react well to an inflationary environment.

The units will have an offering price of $10 and a net asset value of $9.576 each.

Each unit will carry a maximum sales charge of 3.95%, consisting of an initial sales charge of 1%, a deferred sales charge of 2.45% and a creation and development fee of 0.5%. The maximum fee for unit purchasers of $50,000 or more is 3.7% and decreases on a sliding scale to 2.45% for investments of $1 million or more.

The trust will have an initial date of deposit in December and a mandatory termination date of Dec. 19, 2013.

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