Download RBGD23 Insert 7_10_17_Fact Sheet

RICHARD BERNSTEIN ADVISORS
GLOBAL DIVIDEND KINGS® PORTFOLIO
SERIES 23
The Richard Bernstein Advisors Global Dividend Kings® Portfolio is a unit investment trust (UIT)
which seeks total return through a combination of dividend income and capital appreciation;
however, there is no assurance the objective will be met. A UIT is an investment vehicle which
consists of a professionally selected unmanaged portfolio of securities which are held for a
predetermined period of time. The value of the units of the trust will fluctuate each day with
the value of the underlying securities; therefore it is possible to lose money by investing in the
trust. The stocks are selected for the trust by Richard Bernstein Advisors (RBA) using a
comprehensive process and held for approximately two years.
CO M PA N I E S I N T H E M S C I AC W I I N D E X
The MSCI ACWI Index is comprised of 23 developed and 23 emerging market countries.
DIVIDEND SCREEN
Screen for companies that have increased their trailing 12-month dividend
each year for the previous 5 years.
PORTFOLIO SELEC TION PROCESS
RBA’s quantitative techniques seek income in a risk-controlled process. RBA starts with the
companies listed on the MSCI ACWI Index. This index captures large and mid-cap representation
across 23 developed and 23 emerging market countries.
From this universe, RBA then screens for companies that have increased their trailing 12-month
dividend each year for the previous 5 years. Special dividends are not included. The highest
yielding stocks are removed, as they tend to be most susceptible to dividend cuts.
RBA then uses a proprietary optimization method to weight the stocks. This final step attempts
to reduce the volatility of the overall portfolio, while maximizing the yield.
EXCLUDE SPECIAL DIVIDENDS
A “special dividend” is typically a one-time payment.
OPTIMIZE FOR YIELD / MINIMIZE
AC TIVE RISK EXPOSURE
PORTFOLIO
TICKER COMPANY NAME
PRICE*
CONSUMER DISCRETIONARY
BMW GY Bayerische Motoren Werke (BMW) AG
$92.79
TFG SJ
The Foschini Group Limited
10.43
KSS
Kohl’s Corporation
38.24
M
Macy’s, Inc.
22.68
7201 JP Nissan Motor Co., Ltd.
10.07
1928 JP Sekisui House, Ltd.
17.26
SESG FP SES S.A.
22.34
TGT
Target Corporation
51.07
CONSUMER STAPLES
1044 HK Hengan International Group Company Ltd.
7.55
ENERGY
ALA CN
AltaGas Ltd.
22.73
ENG SM Enagas S.A.
26.73
ENB CN
Enbridge Inc.
39.80
IPL CN
Inter Pipeline Ltd.
19.38
PPL CN
Pembina Pipeline Corporation
33.16
STO
Statoil ASA
16.32
TRGP
Targa Resources Corp.
43.61
TICKER COMPANY NAME
FINANCIALS
CS FP
AXA S.A.
CIX CN
CI Financial Corp.
CBA AU
Commonwealth Bank of Australia
MQG AU Macquarie Group Limited
MUV2 GY Muenchener RueckversicherungsGesellschaft AG
NED SJ
Nedbank Group Limited
NDA SS
Nordea Bank AB
PFG LN
Provident Financial Plc
SAMPO FH Sampo Oyj
SEBA SS Skandinaviska Enskilda Banken AB
HEALTH CARE
PFE
Pfizer Inc.
INDUSTRIALS
MIC
Macquarie Infrastructure Company LLC
TCL AU
Transurban Group
INFORMATION TECHNOLOGY
CSCO
Cisco Systems, Inc.
IBM
International Business Machines Corp.
WU
The Western Union Company
PRICE*
$28.51
21.47
62.41
66.91
205.36
15.40
12.90
30.57
52.37
12.31
33.35
77.59
8.64
30.90
152.94
18.65
TICKER COMPANY NAME
REAL ESTATE
BLND LN The British Land Company Plc
EXR
Extra Space Storage Inc.
HYP SJ
Hyprop Investments Limited
KIM
Kimco Realty Corporation
LI FP
Klepierre
NNN
National Retail Properties, Inc.
O
Realty Income Corporation
HCN
Welltower Inc.
TELECOMMUNICATION SERVICES
T
AT&T Inc.
BCE CN
BCE Inc.
T CN
TELUS Corporation
VZ
Verizon Communications Inc.
UTILITIES
APA AU
APA Group
DUK
Duke Energy Corporation
EMA CN Emera Incorporated
6 HK
Power Assets Holdings Limited
PEG
Public Service Enterprise Group Inc.
SO
The Southern Company
SSE LN
SSE Plc
UU/ LN
United Utilities Group Plc
PRICE*
$7.84
76.53
8.83
18.43
40.15
38.42
54.69
72.90
36.98
45.09
34.66
43.48
6.79
83.42
36.72
8.70
42.10
47.36
18.99
11.21
*As of the close of business on 7/7/17. Market values are for reference only and are not indicative of your individual cost basis.
You should consider the portfolio’s investment objective, risks, and charges and expenses carefully before investing. Contact your financial advisor or call First Trust Portfolios L.P.
at the number listed to request a prospectus, which contains this and other information about the portfolio. Read it carefully before you invest.
PLEASE SEE THE REVERSE SIDE FOR RISK CONSIDERATIONS
First Trust Portfolios L.P. | Member SIPC | Member FINRA
1-800-621-1675 | www.ftportfolios.com
RICHARD BERNSTEIN ADVISORS
GLOBAL DIVIDEND KINGS® PORTFOLIO
SERIES 23
PORTFOLIO SUMMARY
HOLDINGS ST YLE ANALYSIS
Initial Offering Date:
Initial Public Offering Price:
l Large-Cap Growth
l Large-Cap Value
l Mid-Cap Growth
l Mid-Cap Value
l Small-Cap Growth
l Small-Cap Value
7/10/2017
$10.00 per Unit
Portfolio Ending Date:
7/9/2019
Estimated Net First Year Distribution per Unit:*
$0.4030
Estimated Net Subsequent Year Distribution per Unit:*
$0.3987
CUSIPs:
30304K 345(c) 352(r)
Fee Accounts CUSIPs:
30304K 360(c) 378(r)
Ticker Symbol:
HOLDINGS SEC TOR ANALYSIS
l Consumer Discretionary
l Consumer Staples
l Energy
l Financials
l Health Care
l Industrials
l Information Technology
l Real Estate
l Telecommunication Services
l Utilities
FUJAYX
*The estimates are based on annualizing the most recent dividends declared by the issuers of the securities
included in the portfolio. The estimated net annual distribution for the subsequent year is expected to be less
than the amount for the first year because a portion of the securities included in portfolio will be sold during
the first year to pay for organization costs, the deferred sales charge and the creation and development fee.
There is no guarantee that the issuers of the securities included in the portfolio will declare dividends in the
future or that, if declared, they will either remain at current levels or increase over time.
SALES CHARGES (BASED ON A $10 PUBLIC OFFERING PRICE)
STANDARD ACCOUNTS
Transactional Sales Charges:
Creation & Development Fee:
Maximum Sales Charge:
6.02%
45.98%
7.14%
36.86%
2.00%
2.00%
16.04%
0.60%
12.88%
19.98%
2.00%
3.99%
4.52%
15.99%
8.02%
15.98%
HOLDINGS COMPOSITION
Initial 0.00%
Deferred 2.25%
0.50%
2.75%
The deferred sales charge will be deducted in three monthly installments commencing 10/20/17.
When the public offering price is less than or equal to $10.00 per unit, there will be no initial sales charge. If
the price exceeds $10.00 per unit, you will pay an initial sales charge.
FEE/WRAP ACCOUNTS
Maximum Sales Charge:
U.S. Stocks:
Non-U.S. Stocks:
36.53%
63.47%
The holdings characteristics of the portfolio are determined as of the initial date of deposit and may differ
slightly from those indicated above due to the requirement that only whole shares be purchased for the
portfolio and will likely vary thereafter due to market fluctuations in the underlying securities. For a
complete description of these characteristics refer to the prospectus.
0.50%
The maximum sales charge for investors in fee accounts consists of the creation and development fee.
Investors in fee accounts are not assessed any transactional sales charges. Standard accounts sales charges
apply to units purchased as an ineligible asset.
The creation and development fee is a charge of $.050 per unit collected at the end of the initial offering
period. If the price you pay exceeds $10 per unit, the creation and development fee will be less than 0.50%;
if the price you pay is less than $10 per unit, the creation and development fee will exceed 0.50%.
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.
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.
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.
An investment in a portfolio containing equity securities of
foreign issuers is subject to additional risks, including currency
fluctuations, political risks, withholding, the lack of adequate
financial information, and exchange control restrictions
impacting foreign issuers. Risks associated with investing in
foreign securities may be more pronounced in emerging
markets where the securities markets are substantially smaller,
less developed, less liquid, less regulated, and more volatile than
the U.S. and developed foreign markets.
Certain of the securities in the portfolio are issued by Real Estate
Investment Trusts (REITs). Companies involved in the real estate
industry are subject to changes in the real estate market,
vacancy rates and competition, volatile interest rates and
economic recession.
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.
NOT FDIC INSURED | NOT BANK GUARANTEED | MAY LOSE VALUE
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.
The information presented is not intended to constitute an
investment recommendation for, or advice to, any specific
person. By providing this information, First Trust is not
undertaking to give advice in any fiduciary capacity within the
meaning of ERISA and the Internal Revenue Code. First Trust has
no knowledge of and has not been provided any information
regarding any investor. Financial advisors must determine
whether particular investments are appropriate for their clients.
First Trust believes the financial advisor is a fiduciary, is capable
of evaluating investment risks independently and is responsible
for exercising independent judgment with respect to its
retirement plan clients.
RBGDIN230717