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Published on 3/14/2012 in the Prospect News Fund Daily.

FT 3410 offers International, SMid Capital Strength Portfolio units

By Toni Weeks

San Diego, March 14 - FT 3410 is offering units of its International Capital Strength Portfolio, Series 11 and its SMid Capital Strength 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.

Each trust seeks above-average capital appreciation and invests in a diversified portfolio of common stocks.

The International Capital Strength Portfolio expands investment opportunities by adding an international dimension to the portfolio.

On the March 14 initial date of deposit, $167,863 in contracts to purchase securities comprises the trust. The 16,956 units each have a public offering price of $10 and a net asset value of $9.574. The estimated net annual distribution per unit is $0.2145 for the first year and $0.2122 for subsequent years.

The SMid Capital Strength Portfolio invests in small and mid-size companies, which are more likely to be in an earlier stage of their economic life cycle and can often be more nimble and better able to adjust in periods of economic change than large companies.

On the March 14 initial date of deposit, $165,491 in contracts to purchase securities comprises the trust. The 16,716 units each have a public offering price of $10 and a net asset value of $9.574. The estimated net annual distribution per unit is $0.0571 for the first year and $0.0565 for subsequent years.

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 trusts' mandatory termination date is March 13, 2014.


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