FESLXX

About FESLXX

FT 568 Double Play Series 24 is a unit investment trust (UIT) developed by First Trust Capital Management. Its primary function is to provide investors with a diversified portfolio through a fixed basket of equities, tailored by applying specific quantitative screens and factors at inception. The trust is structured as a regulated investment company and is designed to deliver an above-average total return, though this objective is not guaranteed. FT 568 Double Play Series 24 stands out by combining two distinct investment strategies within a single product, offering a blend of income generation and potential capital appreciation. Investors receive monthly distributions, and the trust operates within a defined time frame, terminating on a set date. The UIT appeals to those seeking convenience in diversification and disciplined rebalancing, as the holdings remain static through the investment period. FT 568 Double Play Series 24 plays a role in the market by catering to investors looking for a transparent, rules-based approach to equity allocation with a clear end date and predictable income streams.