TORONTO, March 19 /CNW/ - First Defined Portfolio Management Co. is pleased to announce the filing of the preliminary prospectus for First Trust Global Capital Strength Portfolio, an open-end mutual fund trust (the "Fund"). Subject to regulatory approval, the Fund is expected to launch in April 2010.
The fundamental investment objective of the Fund is to provide long-term capital appreciation by investing primarily in equity securities traded on a U.S. exchange or market. Equity securities include common shares and American Depository Receipts of global companies.
A preliminary simplified prospectus relating to the Fund has been filed with certain Canadian securities commissions or similar authorities. Investors cannot buy units of the Fund until the relevant securities commissions or similar authorities issue receipts for the simplified prospectus of the Fund. This message does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy units of the Fund in any Province or Territory of Canada before the time a receipt for the final prospectus or other authorization is obtained from the securities commission or similar authority in such Province or Territory.
A copy of the preliminary prospectus may be obtained from your registered financial advisor.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the final prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
First Trust Portfolios Canada
First Trust is a well-respected global business with a history in the U.S. market since 1991 and in Canada since 1996. First Trust has over US$27 billion in assets under supervision or management. First Trust is the umbrella name used for the various businesses conducted in both Canada and the U.S.
First Trust Portfolios Canada is the brand name under which we create our investment products in Canada and the name we are generally known by with advisors and clients. Our business model enables retail investment distribution firms to provide unique and customized investment strategies for their investment advisors on a timely and cost effective basis. First Trust Portfolios Canada is headquartered in Toronto with sales and service capabilities across Canada. First Defined Portfolio Management Co. (FDPM) is registered with the Ontario Securities Commission as a mutual fund dealer and provides sales and marketing support for our products across Canada. FDPM is a privately owned company and an affiliate of First Trust Portfolios L.P., a U.S. registered broker-dealer, and First Trust Advisors L.P. (FTA), a U.S. registered investment advisor, both of which are located in Wheaton, Illinois, a suburb of Chicago. FTA is registered with the Ontario Securities Commission as a portfolio manager and provides investment advisory services to our Canadian investment funds.
SOURCE FT Portfolios Canada Co.
For further information: For further information: First Defined Portfolio Management Co. @ 1-877-622-5552