First Trust Innovative Financial and Technology Series 12 is a unit investment trust designed to offer investors targeted exposure to companies driving transformation within the financials and technology sectors. The trust aims for above-average capital appreciation by assembling a diversified portfolio of approximately 30 stocks, spanning large-cap growth and value companies, as well as mid- and small-cap firms, that are leaders or innovators in areas such as digital payments, enterprise software, financial services, and information technology. Notable holdings may include industry giants and emerging players, reflecting the intersection of finance and technology where developments like fintech, payment processing, and software services are reshaping markets. This trust operates with a regulated investment company tax structure and provides semi-annual distributions. It is structured as a defined-term product, launching on February 21, 2024, and scheduled to terminate on February 20, 2026, offering investors a fixed investment horizon. By focusing on companies that are believed to be at the forefront of innovation, the Series 12 trust plays a role in thematic investment strategies, appealing to those interested in the evolving landscape of financial and technological advancement.
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