Description
Defined Portfolios (Unit Investment Trust) are selected portfolios of a fixed group of stocks or bonds intended to remain unchanged once established and which have a finite life. A cost-effective method of investing in a portfolio of stocks, equity Defined Portfolios offer the potential of capital appreciation and the advantages of diversification. If you're seeking to allocate a portion of your assets to taxable or tax exempt bonds, you may find fixed income Defined Portfolios advantageous.
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Benefits
You know exactly which securities are in the portfolio at all times.
You generally do not have a capital gain event until the trust terminates, providing greater tax efficiency.
You may take delivery of your pro rata shares of the stocks in most portfolios, subject to the terms of the prospectus.
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Features
Professional selection of stocks and bonds
Tax control over capital gains
Asset diversification and liquidity
Fully invested
Reinvestment options
Ability to take delivery of stocks in the portfolio
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Related Products/Services
Equity Research
Collateralized Mortgage Obligations
Government Agency Securities
Mortgage Pass-Through Securities
Municipal Securities
Preferred Securities
U.S. Treasury Securities
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Materials Available Online
FT Portfolios
Claymore Securities
Van Kampen
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Defined Portfolios