The Utilities Portfolio, Series 13 ("Trust") seeks to provide a high level of income with a secondary objective of capital growth.
Past performance is no guarantee of future results. Investment returns and principal value will fluctuate with changes in market conditions. Investors' units, when redeemed, may be worth more or less than their original cost.
This information does not constitute an offer to sell or a solicitation of any offer to buy: nor shall there be any sale of these securities in any state where the offer, solicitation, or sale is not permitted.
Principal Investment Strategy
The Trust consists of 31 stocks classified as being in the utilities sector by the Global Industry Classification Standard (“GICS”). The Trust is diversified across the utilities sector including integrated electric, pipeline and gas distribution companies. The Sponsor selects stocks for the Trust that it believes have the potential to achieve the Trust’s investment objective.
Companies are selected for the Trust from within the utilities sector by examining factors that include, but are not limited to:
By examining these factors the Sponsor hopes to identify companies for the Trust that represent the best relative values in the utilities sector.
The Sponsor selects securities of U.S.-traded companies that it believes are core holdings of a well-diversified utilities portfolio. To select the portfolio the Sponsor follows a disciplined process which includes both quantitative and qualitative analysis. The Sponsor begins with the approximately 300 stocks that are traded on U.S. exchanges and are classified as companies in the utilities sector. The Sponsor then reduces the 300 companies to approximately 150 by performing quantitative screening, which may be primarily based on, but not limited to, the following factors:
The Sponsor then reduces the remaining 150 companies to 31 by performing qualitative analysis, which may be primarily based on, but not limited to, the following factors:
Risks and Other Considerations
As with all investments, you may lose some or all of your investment in the Trust. No assurance can be given that the Trust’s investment objective will be achieved. The Trust also might not perform as well as you expect. This can happen for reasons such as these:
Please see the Trust prospectus for more complete risk information.
Unit Investment Trusts are fixed, not actively managed and should be considered as part of a long-term strategy. Investors should consider their ability to invest in successive portfolios, if available, at the applicable sales charge. UITs are subject to annual fund operating expenses in addition to the sales charge. Investors should consult an attorney or tax advisor regarding tax consequences associated with an investment from one series to the next, if available, and with the purchase or sale of units. Guggenheim Funds Distributors, LLC does not offer tax advice.
Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.
Investing involves risk, including the possible loss of principal.
Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"), which includes Security Investors, LLC ("SI"), Guggenheim Funds Investments Advisors, LLC ("GFIA") and Guggenheim Partners Investment Management ("GPIM") the investment advisors to the referenced funds.
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