First Trust/Dow Jones Dividend & Income Allocation Portfolio — new fund registration

FIRST TRUST VARIABLE INSURANCE TRUST registered fund series on Form 485APOS, filed 2014-03-24. Featured series: First Trust/Dow Jones Dividend & Income Allocation Portfolio.

Registration

Registrant / trust: FIRST TRUST VARIABLE INSURANCE TRUST
CIK: 0001537395
Form: 485APOS
Filed: 2014-03-24
State of incorporation: MA
Accession: 0001445546-14-001764
Reported net assets: $726.4M

Series & classes (1)

Series	Class	Ticker	New
First Trust/Dow Jones Dividend & Income Allocation Portfolio	First Trust/Dow Jones Dividend & Income Allocation Portfolio	—	—

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 1.18%
Management fee: 0.60%
Net expense ratio: 1.18%
Other expenses: 0.33%

Investment objective

The First Trust/Dow Jones Dividend & Income Allocation Portfolio (the "Fund" ) seeks to provide total return by allocating among dividend-paying stocks and investment grade bonds.

Advisers

First Trust Advisors L.P. (Advisor)