FT 3451 registers Diversified Equity Strategic Allocation units

By Tali David

Minneapolis, April 5 - FT 3451 registered units of its Diversified Equity Strategic Allocation Portfolio, Second Quarter 2012, 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 portfolio of common stocks diversified across various market capitalizations, growth and value styles, sectors and countries.

The units have an initial offering price of $10 and a net asset value of $9.674 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 based on the amount invested.

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

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