Strategic International Opportunity Portfolio, Series 33
Diversification is one of the principal advantages of global investing. Because global markets
often follow different cycles than the U.S. markets, investing globally may provide gains when
domestic markets are flat or declining. It is important to note that diversification does not
guarantee a profit or protect against loss.
Our goal with the Strategic International Opportunity Portfolio is to provide a convenient way to add an
international dimension to your investment portfolio, significantly expanding your investment
opportunities and potentially enhancing your overall return.
Portfolio Selection Process
This unit investment trust invests in a diversified portfolio of common stocks from four distinct
segments of the international market. Each segment contains stocks selected specifically for that
component of the allocation. Our stock selection process evaluates companies based on multiple factors.
These factors are designed to identify those stocks which exhibit strong fundamental characteristics and
to eliminate those that do not meet our investment criteria. Through our selection process we seek to
find the companies in each segment that we believe have the best prospects for above-average capital
appreciation. The four segments are weighted based on the allocation below.
Portfolio Objective
This unit investment trust seeks above-average capital appreciation; however, there is no assurance the
objective will be met.
| Not FDIC Insured • Not Bank Guaranteed • May Lose Value |
You should consider the portfolio's investment objectives, risks, and
charges and expenses carefully before investing. Contact your financial professional
or call First Trust Portfolios L.P. at 1.800.621.1675 to request a prospectus,
which contains this and other information about the portfolio. Read it carefully
before you invest.
Risk Considerations
An investment in this unmanaged unit investment trust should be made
with an understanding of the risks involved with owning common stocks, such as an economic recession and
the possible deterioration of either the financial condition of the issuers of the equity securities or the general
condition of the stock market.
A significant percentage of the securities held by the trust are issued by companies headquartered or incorporated in Europe and therefore the portfolio may present more risks than a portfolio which is broadly diversified over
several regions.
Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.
An investment in a portfolio containing small-cap and mid-cap companies is subject to additional risks, as
the share prices of small-cap companies and certain mid-cap companies are often more volatile than those
of larger companies due to several factors, including limited trading volumes, products, financial resources,
management inexperience and less publicly available information.
Large capitalization companies may grow at a slower rate than the overall market.
As the use of Internet technology has become more prevalent in the course of business, the trust
has become more susceptible to potential operational risks through breaches in cybersecurity.
Ongoing armed conflicts between Russia and Ukraine in Europe and among Israel, Hamas and other militant groups in the Middle East, have caused and could continue to cause significant market disruptions and volatility
within the markets in Russia, Europe, the Middle East and the United States. The hostilities and sanctions resulting from those hostilities could have a significant impact on certain investments as well as performance.
The ongoing effects of the COVID-19 global pandemic, or the potential impacts of any future public health crisis, may cause significant volatility and uncertainty in global financial markets. While vaccines have been developed,
there is no guarantee that vaccines will be effective against future variants of the disease.
The value of the securities held by the trust may be subject to steep declines or increased volatility
due to changes in performance or perception of the issuers.
This UIT is a buy and hold strategy and investors should consider their ability to hold the trust until maturity. There may be tax consequences unless units are purchased in an IRA or other qualified plan.