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Published on 11/30/2011 in the Prospect News Fund Daily.

FT 3210 registers units of its five separate portfolios

By Toni Weeks

San Diego, Nov. 30 - FT 3210 has registered units of its five portfolios, according to an S-6 amendment filed with the Securities and Exchange Commission.

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

The five portfolios comprising the unit investment trust are the Dow Target 10 December 2011, the Dow Target Dividend December 2011, the Target Focus 4 December 2011, the Target Triad December 2011 and the Target VIP December 2011. Each invests in a diversified portfolio of common stocks and seeks above-average total return.

On the initial date of deposit, Nov. 30, the Dow Target 10 consisted of $158,245 in initial purchase contracts, comprising 15,984 units, each offered at $10.00 and with a net asset value of $9.68. The estimated net annual distribution for the first year is $0.3831 per unit.

On the initial date of deposit, the Dow Target Dividend consisted of $159,923 in initial purchase contracts, comprising 16,154 units, each offered at $10.00 and with a net asset value of $9.676. The estimated net annual distribution for the first year is $0.4178 per unit.

On the initial date of deposit, the Dow Target Focus Four consisted of $225,261 in initial purchase contracts, comprising 22,754 units, each offered at $10.00 and with a net asset value of $9.686. The estimated net annual distribution for the first year is $0.25 per unit.

On the initial date of deposit, the Dow Triad consisted of $227,667 in initial purchase contracts, comprising 22,997 units, each offered at $10.00 and with a net asset value of $9.683. The estimated net annual distribution for the first year is $0.2113 per unit.

On the initial date of deposit, the Dow Target VIP consisted of $413,481 in initial purchase contracts, comprising 41,766 units, each offered at $10.00 and with a net asset value of $9.683. The estimated net annual distribution for the first year is $0.2391 per unit.

The maximum sales charge for each portfolio unit is 2.95%, which consists 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 for unit purchasers of $50,000 or more is 2.7%, and the sales charge decreases on a sliding scale to 1.4% for investments of $1 million or more.

The Dow Target 10 portfolio has a mandatory termination date of Dec. 30, 2012, and the remaining four portfolios have a mandatory termination date of Feb. 28, 2013.


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