First Trust 11392 Cloud Computing Portfolio Series 45 is a unit investment trust designed to offer targeted exposure to the cloud computing sector. Its primary objective is to seek above-average capital appreciation by assembling a portfolio of companies anticipated to benefit as cloud computing becomes more pervasive across industries. The portfolio is heavily weighted toward information technology stocks, which comprise over 80% of its holdings, reflecting a strategic focus on firms central to advancements in cloud infrastructure, services, and software. Most of the assets are allocated to large-cap growth companies, emphasizing robust, established players in the U.S. and select international markets. Structured as a regulated investment company, the trust distributes income semi-annually and operates with a defined lifespan, providing investors transparent start and end dates for the portfolio. First Trust 11392 serves as a thematic investment vehicle, playing a key role for market participants aiming to capitalize on the transformative impact of cloud computing on the broader technology landscape and global business operations.
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