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Guggenheim International Dividend Strategy Portfolio Series 9

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Investment Objective

The Guggenheim International Dividend Strategy Portfolio, Series 9 ("Trust") seeks to provide total return primarily through capital appreciation and dividend income.

Principal Investment Strategy

Selection Criteria

Risks and Other Considerations

Portfolio Information

Deposit Information

Inception Date 10/1/2010
Non-Reoffered Date 1/3/2011
Mandatory Maturity Date 1/3/2012
Ticker Symbol CMVPIX
Trust Structure Grantor
Inception Unit Price $10.0000
Maturity Price (as of 1/3/12) $9.3135

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 seeks to provide total return primarily through capital appreciation and dividend income by investing in a diversified portfolio of international equity securities listed on major U.S. exchanges. The Trust’s strategy is to capture international growth potential, while applying dividend income to counterbalance global economic volatility and to insulate the Trust from further potential domestic slowdown.

The Sponsor, with the assistance of Guggenheim Partners Investment Management, LLC ("GPIM"), an affiliate of the Sponsor and Guggenheim Partners, LLC, has selected the securities to be included in the Trust’s portfolio. The Sponsor and GPIM believe that companies that distribute significant dividends on a consistent basis demonstrate strong financial strength and positive performance relative to their peers.

Selection Criteria

The Trust’s portfolio is constructed and the securities selected approximately five to seven business days prior to the initial date of deposit (the “Inception Date”) using the Security Selection Rules and the Portfolio Diversification & Concentration Rules outlined below.

Security Selection Rules:

In constructing the Trust’s portfolio, 30 securities will be selected based on the following fundamentally based quantitative criteria:

  1. Start with an initial universe of securities that includes all non-U.S. domiciled companies with equity securities listed on a major U.S. exchange, including the New York Stock Exchange (“NYSE”) and the NASDAQ® Stock Market (“NASDAQ”).
  2. Reduce the initial universe of securities to a sub-universe that includes all securities that meet the following requirements:
    • Market capitalization greater than $5 billion.
    • Free float over 20% of common shares outstanding. Free float is defined as an estimate of the proportion of shares without sales restrictions that are not held by Large Owners (defined as those owners required to make a filing with the Securities and Exchange Commission under Section 13(d) of the Securities Exchange Act of 1934 due to owning more than 5% of any class of a company’s shares).
    • Minimum 20-day average daily dollar trading volume of $500,000.
    • Minimum one year price history for each non-U.S. domiciled company’s equity security traded on a major U.S. exchange, including the NYSE and NASDAQ, as of the date of selection.
    • Minimum three-year price history for each non-U.S. domiciled company’s equity security traded on the company’s local, foreign exchange, as of the date of selection.
    • Duplication screen so that in the event a parent company has multiple classes of securities that meet the above criteria, the class that has the greatest market capitalization is considered for final selection.
  3. Dividend Yield Rule: select from the sub-universe above the 30 securities, as of the date of selection, with the highest average 12-quarter dividend yield, which, during such time, have had consistent annual dividend yields greater than the median dividend yield of the securities in the sub-universe for any given year.

Portfolio Diversification & Concentration Rules:

The Trust’s portfolio will consist of 30 securities using the Security Selection Rules outlined above that also satisfy the Portfolio Diversification & Concentration Rules below:

  1. Sector Diversification: The Trust’s portfolio must consist of securities from a minimum of six of the Global Industry Classification Standards (“GICS”) sectors, with no more than 25% of the Trust’s portfolio in any single GICS sector as of the date of selection.
  2. Geographical Diversification: The Trust’s portfolio must consist of securities from companies headquartered in at least 10 different countries with no more than approximately 20% of the Trust’s portfolio from any single country as of the date of selection.

In the event that any diversification or concentration limit is breached in the construction of the Trust’s portfolio, the lowest dividend-yielding security that breached the limit is removed and the Dividend Yield Rule is reapplied until a portfolio of 30 securities is generated that satisfies both the Security Selection Rules and the Portfolio Diversification & Concentration Rules.

Guggenheim Partners Investment Management, LLC

Guggenheim Partners Investment Management, LLC, is a subsidiary of Guggenheim Partners, LLC and an affiliate of the Sponsor, which offers financial services expertise within its asset management, investment advisory, capital markets, institutional finance and merchant banking business lines. Clients consist of an elite mix of individuals, family offices, endowments, foundations, insurance companies, pension plans and other institutions that together have entrusted the firm with supervision of more than $100 billion in assets. A global diversified financial services firm, Guggenheim Partners, LLC office locations include New York, Chicago, Los Angeles, Miami, Boston, Philadelphia, St. Louis, Houston, London, Dublin, Geneva, Hong Kong, Singapore, Mumbai and Dubai.

The Sponsor is also a subsidiary of Guggenheim Partners, LLC. See “General Information” in the prospectus for additional information.

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:

  • Securities prices can be volatile. The value of your investment may fall over time. Market value fluctuates in response to various factors. These can include stock market movements, purchases or sales of securities by the Trust, government policies, litigation, and changes in interest rates, inflation, the financial condition of the securities’ issuer or even perceptions of the issuer. Units of the Trust are not deposits of any bank and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
  • Due to the current state of the economy, the value of the securities held by the Trust may be subject to steep declines or increased volatility due to changes in performance or perception of the issuers. Starting in December 2007, economic activity declined across all sectors of the economy, and the United States experienced increased unemployment. The economic crisis affected the global economy with European and Asian markets also suffering historic losses. Extraordinary steps have been taken by the governments of several leading countries to combat the economic crisis; however, the impact of these measures is not yet fully known and cannot be predicted.
  • Share prices or dividend rates on the securities in the Trust may decline during the life of the Trust. There is no guarantee that the issuers of the securities will declare dividends in the future and, if declared, whether they will remain at current levels or increase over time.
  • The Trust invests in U.S.-listed foreign securities and American Depositary Receipts (“ADRs”). The Trust’s investment in U.S.-listed foreign securities and ADRs presents additional risk. ADRs are issued by a bank or trust company to evidence ownership of underlying securities issued by foreign corporations. Securities of foreign issuers present risks beyond those of domestic securities. More specifically, foreign risk is the risk that foreign securities will be more volatile than U.S. securities due to such factors as adverse economic, currency, political, social or regulatory developments in a country, including government seizure of assets, excessive taxation, limitations on the use or transfer of assets, the lack of liquidity or regulatory controls with respect to certain industries or differing legal and/or accounting standards.
  • The Trust includes securities issued by companies headquartered or incorporated in countries considered to be emerging markets. Emerging markets are generally defined as countries with low per capita income in the initial stages of their industrialization cycles. Risks of investing in developing or emerging countries include the possibility of investment and trading limitations, liquidity concerns, delays and disruptions in settlement transactions, political uncertainties and dependence on international trade and development assistance. Companies headquartered in emerging market countries may be exposed to greater volatility and market risk.
  • Inflation may lead to a decrease in the value of assets or income from investments.
  • The Sponsor does not actively manage the portfolio. The Trust will generally hold, and may continue to buy, the same securities even though a security’s outlook, market value or yield may have changed.

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 following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Partners Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management. Securities offered through Guggenheim Funds Distributors, LLC.

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