Correspondence 0001445546-23-006752 from FT 11035 (CIK 0001985881)
FT 11035 (CIK 0001985881)
Date: Oct. 18, 2023 · CIK: 0001985881 · Accession: 0001445546-23-006752
AI Filing Summary & Sentiment
File numbers found in text: 333-274412
Letter
Division of Investment Management Re: FT 11035 Cboe Vest Small Cap Buffered 20 Portfolio (the “Trust”) CIK No. 1985881 File No. 333-274412
Dear Mr. Cowan:
We received your comments regarding the Registration Statement for the above captioned Trust. This letter serves to respond to your comments.
Comments
General
1.Please revise the disclosure in the “Portfolio” section to better clarify how the cash used to pay for the Trust’s annual operating expenses affects the cap and buffer.
Response:In accordance with the Staff’s comment, the first sentence of the “Portfolio” section has been revised to add the following:
“The Trust seeks to achieve its objective by investing in a portfolio consisting of purchased and written FLEX Options and cash to pay for the annual operating expenses, creation and development fee and organization costs of the Trust. Because a portion of your investment is held in cash to pay for these expenses, and the cap and buffer amounts are determined independent of the cash component, such expenses will not further reduce the cap and buffer amounts disclosed in this prospectus.”
We appreciate your prompt attention to this Registration Statement. If you have any questions or comments or would like to discuss our responses to your questions, please feel free to contact Brian D. Free at (312) 845-3017 or the undersigned at (312) 845-3721.
Very truly yours,
Chapman and Cutler llp
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Chapman and Cutler LLP
320 South Canal Street, 27th Floor
Chicago, Illinois 60606
T 312.845.3000
F 312.701.2361
www.chapman.com
October 18, 2023
Mark Cowan
U.S. Securities and Exchange Commission
Division of Investment Management
Disclosure Review Office
100 F Street, N.E.
Washington, D.C. 20549
Re:
FT 11035
Cboe Vest Small Cap Buffered 20 Portfolio
(the “Trust”)
CIK No. 1985881 File No. 333-274412
Dear Mr. Cowan:
We received your comments
regarding the Registration Statement for the above captioned Trust. This letter serves to respond to your comments.
Comments
General
1.Please
revise the disclosure in the “Portfolio” section to better clarify how the cash used to pay for the Trust’s annual operating
expenses affects the cap and buffer.
Response:In accordance with
the Staff’s comment, the first sentence of the “Portfolio” section has been revised to add the following:
“The Trust seeks to achieve its objective
by investing in a portfolio consisting of purchased and written FLEX Options and cash to pay for the annual operating expenses, creation
and development fee and organization costs of the Trust. Because a portion of your investment is held in cash to pay for these expenses,
and the cap and buffer amounts are determined independent of the cash component, such expenses will not further reduce the cap and buffer
amounts disclosed in this prospectus.”
We appreciate your prompt attention
to this Registration Statement. If you have any questions or comments or would like to discuss our responses to your questions, please
feel free to contact Brian D. Free at (312) 845-3017 or the undersigned at (312) 845-3721.
Very truly yours,
Chapman and Cutler llp
By:
/s/ Daniel J. Fallon
Daniel J. Fallon