FT 3252 portfolio targets firms based in Australia, Brazil and Canada

By Toni Weeks

San Diego, Dec. 9 - FT 3252 has registered units of its ABC Portfolio, Series 4, according to an S-6 amendment filed with the Securities and Exchange Commission.

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

The portfolio seeks above-average total return through a combination of capital appreciation and dividend income and invests in the common stocks of companies based in Australia, Brazil and Canada.

On the initial date of deposit, Dec. 9, the trust consists of $132,037 of contracts to purchase securities. The 13,337 units each have a public offering price of $10.00 and net asset value of $9.576. The estimated net annual distribution per unit for the first year is $0.605.

The units each carry a maximum sales charge of 3.95%, consisting of a 1% initial sales charge, a 2.45% deferred sales charge and a 0.5% creation and development fee. The fee may be reduced on a sliding scale to 2.45% depending on the amount of investment.

The trust has a mandatory termination date of Dec. 9, 2013.

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