FT 3300 offers units of its Structured Plan Defined Portfolio

By Toni Weeks

San Diego, Jan. 19 - FT 3300 is offering units of its Structured Portfolio Plan Defined Portfolio, January 2012 Series, 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 capital appreciation by investing in a diversified portfolio of 100 common stocks selected through application of a two-part growth and value strategy.

On the initial date of deposit, Jan. 19, the trust consists of $169,833 in contracts to purchase securities. The 17,155 units each have an initial public offering price of $10 and a net asset value of $9.676. The estimated net annual distribution per unit is $0.2241.

Each unit carries a maximum sales charge of 2.95%, consisting of a 1% initial sales charge, a 1.45% deferred sales charge and a 0.5% creation and development fee. Sales charge reductions are available on a sliding scale depending on the investment amount.

The trust has a mandatory termination date of Feb. 20, 2013.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.