FT 3530 registers Target Diversified Global Allocation Portfolio units

By Tali David

Minneapolis, April 3 - FT 3530 registered units of its Target Diversified Global Allocation 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 trust will seek above-average total return by investing in a diversified portfolio of common stocks selected by applying two specialized strategies.

The units will have an initial offering price of $10 and a net asset value of $9.670 each. Each unit will carry a maximum sales charge of 2.95%, consisting of an initial sales charge of 1%, a deferred sales charge of 1.45% and a creation and development fee of 0.5%. The maximum fee decreases depending on the investment.

The trust will have an inception date in May and a mandatory termination date of Sept. 9, 2013.

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