FT 3269 invests in dividend-paying emerging market companies

By Toni Weeks

San Diego, Nov. 18 - FT 3269 has registered units of its High-Dividend Emerging Markets Equity Portfolio 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 total return from capital appreciation and dividend income by investing in a portfolio of common stocks of companies, the majority of which are based in an emerging market. The companies selected have a solid history of distributing dividends to shareholders.

On the initial date of deposit, Nov. 18, $153,252 in contracts to purchase securities comprised the fund. The 15,480 units will have an offering price of $10 and a net asset value of $9.576 each. The estimated net annual distribution per unit for the first year is $0.5002.

Each unit will carry a maximum sales charge of 3.95%, consisting of an initial sales charge of 1%, a deferred sales charge of 2.45% and a creation and development fee of 0.5%. The maximum fee for unit purchasers of $50,000 or more is 3.7% and decreases on a sliding scale to 2.45% for investments of $1 million or more.

The trust will have a mandatory termination date of Nov. 18, 2013.

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